/By Arabian Post Staff/ The board of directors of the mega bank being created by the merger of FGB and the National Bank of Abu Dhabi (NBAD) has met to approve key items ahead of the legal completion of the merger in the coming weeks. During the meeting, the Board decided on the Group’s corporate governance structure and finalised the nomination of Board committees and delegation of […]
Photo Babies are carried away away from destroyed buildings following an air strike in Aleppo, Syria, in 2016. Credit Ameer Alhalbi/Agence France-Presse — Getty Images Children suffered a “drastic escalation” in violence from the Syrian civil war in 2016, the United Nations said Sunday in a report that showed child deaths jumped at least 20 percent from the year before and recruitment of child combatants more than […]
Flippy the robot is starting its culinary career with one simple task, but just like any rookie, it is learning on the job. With some practice and training, Flippy will be able to do everything from chopping vegetables to plating meals like a pro. Miso Robotics created the robot, which debuted in a kitchen at the restaurant chain CaliBurger in Pasadena, Calif., this week. “Flippy will initially […]
Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. British reporter Iona Craig went to the al Ghayil, the Yemeni town stormed by Navy SEALs in the raid that President Trump says was a great success even as it claimed the life of the operator whose widow was honored […]
Business conditions in the UAE’s non-oil private sector continued to improve in February, with a sharp increase in inflows of new work underpinning a robust expansion of output, according to a new survey Data from the Emirates NBD UAE Purchasing Managers’ Index (PMI) showed that strong demand conditions and a favourable economic environment encouraged companies to scale up purchasing activity and hire additional workers over the month. […]
The SEC just issued their ruling on the Winkelevoss bitcoin ETF, and it wasn’t good news for enthusiasts of the digital currency. Regulators rejected the proposed application, mainly because of the lack of regulation currently surrounding bitcoin. An approval would have meant that the public could invest in bitcoin simply by purchasing shares in the ETF, which would trade on a U.S-based stock exchange. The assumption was that an […]
After chronicling President Obama’s 2008 electoral upset in “Game Change” and his 2012 re-election bid in “Double Down,” the most famous political scribes in America are collaborating on a new book about the 2016 election. The book, which has yet to be titled, will chronicle “Donald Trump’s dramatic and improbable victory over Hillary Clinton in the 2016 U.S. presidential election,” according to a press release from Penguin, […]
Photo A convoy of United States armored vehicles in Manbij, northern Syria. A Pentagon spokesman said Monday that the deployment was intended as a “visible sign of deterrence and reassurance” to dissuade Turkish-backed militias and other groups from attacking the area. Credit Delil Souleiman/Agence France-Presse — Getty Images WASHINGTON — The top American military officer met Tuesday with his Russian and Turkish counterparts to discuss how to […]
Your daily guide to community and cultural activities across the Emirates for March 8, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Aarti Jhurani rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Al Ain Heritage event Register […]
Photo Iraqis fleeing their homes on Tuesday as government forces fought Islamic State militants in western Mosul. Credit Suhaib Salem/Reuters BAGHDAD — Iraqi forces trying to reclaim Mosul penetrated the western part of the city on Tuesday, retaking a bridge and several public buildings during heavy clashes with the Islamic State, officials said. Civilians reported that the bombardment and gunfire were the heaviest since Feb. 19, the […]
GoldenEye ransomware targets human resources departments because they’re used to opening emails and attachments from unknown sources. Image: Ali Donzanti What is a ransomware attack? Cybercriminals didn’t use to be so obvious. If hackers infiltrated your corporate network, they would do everything possible to avoid detection. It was in their best interests not to alert a victim that they’d fallen victim to cybercrime. But now, if you […]
Stacie Overton Johnson More than a dozen international chefs will share their culinary skills at this year’s event. Don’t miss your chance to meet and cook with these masters. Here are three to watch: Michel Roux Jr Michel Roux Jr is a British chef who leads the kitchen at Le Gavroche, a London restaurant that holds two Michelin stars. Roux will be cooking roast pigeon with peaches, […]
/By Arabian Post Staff/ The 10 Organization of the Petroleum Exporting Countries (OPEC) members moved closer to full compliance with the landmark production cut agreement signed late last year, as output in the month fell from January levels to average 32.03 million barrels per day, according to an S&P Global Platts survey released today. In all, taking an average of January and February production, the 10 members […]
Most entrepreneurs occasionally face unfavourable circumstances, from underperforming staff or chronic complaining customers to difficult economic conditions, mounting fees, and other often unforeseen hassles. However, there are outlier entrepreneurs, those whose decisions to persevere greatly outnumber the impediments they encounter. “I was stubborn. I had been dreaming about that project forever. I didn’t want to give up,” says Ziad Kamel, founder of Couqley UAE, a French bistro […]
For an organisation to succeed, there’s no room for petty fighting between marketing and tech. Image: Przemyslaw Koch, Getty Images/iStockphoto Long gone are the days when the CIO alone was responsible for buying technology in a business. Just as likely now is that the marketing chiefs will be expected to procure and use digital tools to build brands and boost customer experiences. So how can CIOs and […]
The robots are coming. Automation, both in the form of mechanised robots (human or drone-shaped) as well as artificially intelligent software programs, are predicted to get rid of a huge number of jobs over the next five years. A report by Citibank in partnership with the University of Oxford predicted that 47 percent of US jobs are at risk of automation, 35 percent in the UK, and […]
Nearly 70 percent of employers in the UAE are planning to hire new staff in the next 12 months, according to the latest Middle East Job Index Survey. Compiled by Bayt.com and YouGov, the survey results showed that within the next three months, more than half of UAE employers (52 percent) said that they are “definitely” or “probably” going to hire. Among UAE companies that plan to […]
White House reporters are trashed with regularity by President Trump, but at least they can get a good cup of joe courtesy Tom Hanks. Hanks, the star of “You’ve Got Mail,” “Turner and Hooch,” “Saving Private Ryan,” “Castaway” and “Catch Me If You Can” on Thursday sent an espresso machine to the break room for the White House press corps: The White House press corps is grateful […]
Bait Al Kandora, the Dubai-based menswear clothing designer, has announced an agreement with HBS Investment to sell it a 25 percent stake, thus becoming the second largest shareholder. The agreement comes after Bait Al Kandora opened four branches in the city and plans to expand further, a statement said. HBS Investment is supported by Al Shamsi Holdings which was established in 2000, and focuses on fashion retail […]
Photo Syrians in the rebel-held town of Douma, on the eastern outskirts of the capital, Damascus, last week. Credit Abd Doumany/Agence France-Presse — Getty Images The top United Nations diplomat working to resolve the civil war in Syria reported some progress Friday after nearly 10 days of talks, saying both sides finally had agreed on what he described as a “clear agenda” for further negotiations. The diplomat, […]
One of these sites is not like the other: ESPN.com, CBSSports.com, FoxSports.com, SBNation.com. To the titans of sports coverage, networks with broadcast rights to major sporting events, SB Nation is a scrappy flotilla of sports blogs led by its eponymous flagship site. Because it can’t air games, SB Nation has carved out a niche for itself as a multifaceted clearinghouse for sports fans, with individual sites for […]
Ismail, a 20-year-old Emirati, has rarely ever stepped into a bank branch. “You won’t believe I haven’t visited my branch for over a year. All my transactions are done online,” he says, as he clicks an app on his phone to make a payment. “I just paid my bill and that’s how it works for me. All the services are at my fingertips and I save immense […]
Juan Thompson, who was fired from The Intercept last year for fabricating quotes, has been arrested on suspicion of making bomb threats against Jewish community centers. Thompson, who joined The Intercept at the end of 2014, stands accused of one count of cyberstalking in addition to making eight threats against Jewish community centers, according to NBC News. An anonymous threat emailed to a JCC in Manhattan earlier […]
DUBAI // What was once a wide, empty terrace at Ranches Primary School has been transformed into a peaceful outdoor garden where children as young as five can meditate and grow fruits and vegetables. Early years pupils visit the Rooftop Mindful Garden at least twice a day to calm their minds and nurture plants as part of a health awareness education programme the school is piloting with […]
Beginning today, rank-and-file journalists at NPR are responsible for making sure appropriate financial disclosures are made in their stories — and they have the information to make that happen. Until now, the responsibility to disclose who funds NPR’s journalism was left to senior supervising producers. But in response to conflict-of-interest questions raised by NPR’s coverage of the Iran deal (a review found no journalistic impropriety), the public radio […]
Image: Nv/EPA/REX/Shutterstock By Manish Singh2017-03-02 07:24:14 -0500 India’s major IT firms have long required their employees to give a three-month, “non-negotiable” notice before leaving the company, but they could be soon forced to change that. Fed-up IT professionals from across India have reached out to the government, complaining that it is “unrealistic” for anyone to plan that far ahead. Over 28,000 professionals have signed a petition, […]
Craig Newmark, the entrepreneur and philanthropist who founded Craigslist, announced on Wednesday a $1 million gift to ProPublica. The gift will “allow ProPublica to deploy resources and address opportunities, including adding staff, where they are most needed over a wide range of issues in the public interest,” according to an announcement from the investigative nonprofit. “A trustworthy press is the immune system of democracy,” Newmark said in […]
/By Arabian Post Staff/ The success of DIFC and DMCC has inspired a US-based group to recreate the model in the western hemisphere. The C-MCC Development Group LLC, a US-based development group, announced that it will establish the C-MCC Worldwide Free Trade Zone on Curacao island, patterned after the successful Dubai Multi Commodities Centre (DMCC) and the Dubai International Financial Centre (DIFC) located in the United Arab […]
Its account of the convoy attack went much further than findings of a United Nations inquiry set up by then-Secretary General Ban Ki-moon, which concluded in December that the convoy had been bombed from the air but did not identify the attackers. Continue reading the main story The 31-truck convoy organized by the United Nations and the Syrian Arab Red Crescent had been carrying food, medicine, children’s […]
Several news organizations, including BuzzFeed, Mic and Business Insider, were affected by today’s glitch with Amazon Web Services. Amazon Web Services, one of the largest hosting providers in the world, is experiencing problems in its U.S. East region, which contains many of the servers that news organizations headquartered on the East Coast rely upon. “We’re working as quickly as possible to resolve some issues caused by Amazon […]
