|By Arabian Post Staff| Dubai’s investment plans are not threatened by the situation stemming from the fall in oil prices and its economic impact, Mohammad al-Shaibani, chief executive of state-owned Investment Corporation of Dubai (ICD), asserted. Although energy is a key determinant of business confidence, as far as Dubai is concerned, oil accounts for only 2 percent of the emirate’s economy, he pointed out. “There won’t be […]
|By Arabian Post Staff| The latest appendix to the Ericsson Mobility Report for the Middle East and North East Africa reveals that mobile data traffic will experience 16 times growth by 2021. This massive growth will be driven by availability of affordable smartphones, coupled with availability of mobile broadband networks in highly populated countries, increased number of subscribers moving to faster networks and growth of the video […]
|By Arabian Post Staff| The United Arab Emirates may cut government spending as a result of the slump in oil prices, Central Bank Governor Mubarak Rashed Al Mansoori indicated. The decline in the government’s oil revenue “may trigger further fiscal consolidation, albeit at a gradual pace, to preserve priority spending in support of non-oil growth,” Al Mansoori said at a conference in Dubai on Monday. Oil accounted […]
|By Arabian Post Staff| Young people in the UAE have revealed what they want for, and from, the future of major events in an international study launched ahead of the Host Cities 2015 summit. It finds young people in Dubai are most confident globally in their city’s readiness to host a major event and will overwhelmingly back a ‘home bid’ – with the FIFA World Cup their […]
|By Arabian Post staff| The rise of intelligent machines represents the evolution of the next industrial revolution, which will bring about a paradigm shift in the way we live and work, a special report on the subject by BankofAmerica-Merrill Lynch says. Robots and AI are becoming an integral part of our daily lives as providers of labour, mobility, safety, convenience, and entertainment. The year 2014 was the […]
|By Arabian Post Staff| Dubai’s external debt continues to be at tight spreads, given still high leverage and refinancing challenges but this is somewhat offset by certain positive aspects, a Bank of America-Merrill Lynch research report said. The positives include still solid local bid on the shorter end of the curve and its low-beta defensive status within an emerging markets context. The Iran nuclear deal is another […]
|By Arabian Post Staff| A scenario of continued fall in oil prices, OPEC oil export revenue could fall by a quarter despite the higher output, according to International Energy Agency outlook for oil. In the Low Oil Price Scenario, the Middle East’s share in the oil market ends up higher than at any time in the last forty years, it says. According to IEA, lower prices are […]
By The Arabian Post Staff International retailers continue to expand into the GCC region, often using Dubai as their ‘launch’ platform into other markets such as Doha, Riyadh and Jeddah, according to real estate consultancy firm CBRE. According to CBRE research, 25 new retailers opened stores in Dubai last year. A young population, strong brand association, solid household consumption and modern retail concepts coupled with a flourishing tourism […]
Password manager LastPass finds itself entangled in a deceptive scheme by cybercriminals. Perpetrators are impersonating LastPass staff to infiltrate user accounts, a tactic raising concerns about multi-factor authentication’s (MFA) effectiveness. The attack hinges on social engineering, a strategy that exploits human trust. Victims receive a phone call, often with a spoofed number appearing as a legitimate LastPass line. The caller, posing as a LastPass representative, claims to […]
The burgeoning realm of interconnected devices, the Internet of Things (IoT), and the rise of artificial intelligence (AI) are revolutionizing how we live and work. However, this newfound connectivity presents a double-edged sword for data security. While these technologies unlock a treasure trove of opportunities, they also introduce novel security challenges that organizations must navigate to safeguard sensitive information from data breaches. One of the primary concerns […]
Tech giant Google terminated the employment of 28 staff members following a protest that disrupted operations at their offices in Sunnyvale, California and New York City. The demonstration, which involved a prolonged sit-in, stemmed from employee discontent with Project Nimbus, a contentious $1.2 billion cloud computing contract with the Israeli government. Project Nimbus, inked in 2021, involves Google and Amazon jointly providing the Israeli government, including its […]
Germany’s Lufthansa airline is bracing for renewed travel chaos as its cabin crew union announced a two-day strike targeting major airports. The Independent Flight Attendants Organization (UFO) called for its members to walk off the job on Tuesday and Wednesday of next week, impacting departures from Frankfurt and Munich airports respectively. This latest industrial action comes on the heels of a separate strike by Lufthansa ground staff […]
In a pivotal development for the realm of artificial intelligence, Beyond Limits, an esteemed industrial-grade AI software company, has unveiled its groundbreaking Hybrid AI Platform. This transformative technology is poised to redefine how operational data is processed and decisions are made within mission-critical applications. Addressing the limitations of current AI methodologies, often reliant on extensive datasets and opaque decision-making processes, Beyond Limits’ Hybrid AI Platform stands out […]
Amsterdam, the captivating Dutch capital, beckons tourists with its iconic canals, rich history, and vibrant cultural scene. While many museums showcase the city’s artistic heritage and fascinating past, admission fees can sometimes add up. However, for budget-conscious travelers, Amsterdam offers a wealth of hidden gems – free museums waiting to be explored. One such gem is the Rijksmuseum Gardens, a tranquil oasis nestled amidst the bustling city […]
By Dr. Gyan Pathak Government Employees and Trade Unions are up in arms against Modi government’s policies and preparing themselves for a more aggressive struggle in the coming weeks, including all Indian strike action from May 1 in the midst of Lok Sabha Election 2024. Election Commission of India (ECI) may therefore face some peculiar […]
The post Agitation Of Government Employees And Trade Unions May Impact Election 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.
In the intricate world of food and beverage (F&B), a Restaurant Enterprise Resource Planning (ERP) software is a specialized tool that integrates Front of House (FOH) activities, like customer service and order processing, with Back-Office (BO) operations, covering accounting, financial management, inventory control, and administrative tasks. 1. What Is a Restaurant ERP Software? Traditionally, restaurants using Point of Sale (POS) systems faced manual entries, a cumbersome and […]
By Satyaki Chakraborty The United States is finally facing a big isolation from its supporting countries over its continuing backing to the war crimes of Israeli defence forces in the Gaza strip. The Biden government faced an international condemnation on Tuesday night after its representative vetoed a United Nations Security Council resolution demanding an immediate […]
The post U.S. Is Now Finally Isolated Globally Over Its Veto On Un Resolution For Ceasefire first appeared on Latest India news, analysis and reports on IPA Newspack.
A 13-year-old boy has emerged victorious in his battle against a severe and life-threatening brain tumor. The young patient, whose identity is being protected for privacy reasons, underwent a series of advanced medical treatments at a leading healthcare facility in the UAE. The teenager was diagnosed with the aggressive brain cancer several months ago, prompting immediate and intensive medical intervention. The medical team, consisting of renowned specialists, […]
Dubai International Airport has successfully managed the transit of 87 million passengers throughout the year 2023, according to a statement by Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Airports. The announcement underscores the airport’s pivotal role as a global travel hub and its resilience amid ongoing challenges in the aviation industry. Sheikh Ahmed, in his capacity as the head of Dubai Airports, revealed the impressive […]
By Nantoo Banerjee With China rapidly developing and deploying potent anti-satellite (A-Sat) weapons, India’s defence industry must work on manufacturing similar defence equipment to bolster the country’s counter space capabilities. The issue has been taken up at the highest level of India’s defence management. Last week, the country’s Chief of Defence Staff (CDS) General Anil […]
The post India Must Double Up Its Defence Production To Grow GDP, Employment first appeared on Latest India news, analysis and reports on IPA Newspack.
Hyphen Staff | Bengaluru: Dubai authorities have implemented a two-day embargo on air cargo imports, impacting both Indian and foreign carriers. The temporary restriction, aimed at enhancing operational efficiency, has prompted concerns within the aviation industry. Cargo flights arriving in Dubai will face a brief suspension as part of the initiative, affecting numerous airlines engaged in import activities. The decision to impose the embargo is rooted in […]
Katalin Novak, the President of Hungary, has submitted her resignation, sparking speculation and concern. Novak, who assumed office in 2019, cited personal reasons for her departure. The unexpected announcement came as a surprise to both political observers and the public.
Novak’s resignation letter, addressed to the Parliament Speaker, outlined her decision to step down from the presidency, effective immediately. The letter expressed gratitude for the opportunity to serve the Hungarian people and emphasized her commitment to the nation’s well-being.
The presidency’s press office released a brief statement confirming Novak’s resignation, assuring the public that the government remains functional despite the change in leadership. The Prime Minister’s office issued a statement acknowledging Novak’s decision and thanking her for her service.
The political landscape in Hungary is now abuzz with speculation about potential successors and the implications of Novak’s departure. The ruling party is expected to initiate the process of selecting a new president in adherence to constitutional protocols.
Novak’s tenure has been marked by both accomplishments and challenges. During her presidency, she focused on economic reforms, healthcare improvements, and strengthening Hungary’s position in international affairs. However, her administration faced criticism on various fronts, including issues related to media freedom and democratic principles.
International leaders have also responded to the news of Novak’s resignation. Diplomats from neighboring countries and beyond have extended their best wishes to Hungary during this transitional period. The European Union issued a statement expressing hope for continuity in diplomatic relations.
As Hungary navigates this unexpected change in leadership, citizens are keenly observing the political developments. The resignation of Katalin Novak raises questions about the future direction of the country and the potential impact on ongoing policy initiatives.
In the coming days, Hungary will witness the unfolding of a carefully orchestrated transition as political leaders work to fill the vacuum left by Novak’s departure. The nation remains resilient, and the focus now shifts to the next chapter in its political narrative.
Dubai-based airline Flydubai marked a significant milestone by landing its maiden flight in Penang on the auspicious first day of the Chinese New Year. The inaugural flight, arriving amidst festive celebrations, underscores Flydubai’s strategic expansion into key Southeast Asian destinations.
The Boeing aircraft, adorned with symbolic decorations, touched down at Penang International Airport, welcomed by local authorities and aviation enthusiasts. The inaugural flight not only enhances Flydubai’s global footprint but also strengthens air connectivity between the Middle East and Southeast Asia.
Flydubai’s decision to initiate operations in Penang aligns with the airline’s commitment to providing diverse travel options and fostering economic ties between regions. The airline aims to cater to the growing demand for air travel in Southeast Asia, offering passengers a seamless and efficient travel experience.
The introduction of this new route reflects Flydubai’s confidence in the region’s economic potential and tourism appeal. Penang, known for its rich cultural heritage and vibrant atmosphere, becomes a prime destination for travelers seeking a blend of tradition and modernity.
Flydubai officials expressed their enthusiasm about the successful inauguration of the Penang route, emphasizing the collaborative efforts with local aviation authorities to ensure a smooth and secure operation. The airline’s commitment to safety and efficiency resonates with passengers, making Flydubai a preferred choice for international travel.
The inaugural flight’s timing on the first day of the Chinese New Year adds a festive touch to the occasion, symbolizing new beginnings and positive prospects. Passengers on this historic flight shared their excitement about being part of this momentous journey, expressing their appreciation for the airline’s dedication to delivering exceptional travel experiences.
Flydubai’s expansion into Penang aligns with the broader trends of increasing air travel in the region. The airline’s strategic decision to launch the route during the festive season not only captures the spirit of celebration but also enhances cultural exchange between the Middle East and Southeast Asia.
As Flydubai’s inaugural flight marks the beginning of a new chapter in air travel between Dubai and Penang, it reflects the airline’s commitment to connecting diverse communities and fostering global partnerships. The successful launch of this route further solidifies Flydubai’s position as a key player in the international aviation landscape.
United Arab Emirates officials have issued a cautionary statement urging Israel to refrain from initiating a military operation in Rafah. The diplomatic move comes amid rising tensions in the region, sparking concerns about the potential escalation of hostilities.
The warning was conveyed through official channels, with the UAE expressing apprehensions about the consequences of any military intervention in Rafah. The Emirati government emphasized the importance of maintaining stability and avoiding actions that could destabilize the already sensitive geopolitical situation.
Rafah, a city straddling the border between Egypt and the Gaza Strip, has been a focal point of regional tensions in recent times. The UAE’s advisory aligns with a broader international effort to de-escalate conflicts and promote dialogue as the preferred means of resolving disputes.
In response to the UAE’s caution, Israeli authorities have not issued an immediate comment. The situation remains fluid, and the international community is closely monitoring developments to prevent any potential military engagement that could have far-reaching consequences.
The diplomatic channels between the UAE and Israel are currently active, as both nations navigate the delicate balance of regional dynamics. The warning from the UAE underscores the complexities surrounding the geopolitical landscape and the need for nations to exercise restraint to prevent further instability.
This advisory from the UAE adds to the ongoing dialogue within the global community about the importance of diplomatic solutions and peaceful negotiations. The United Nations and other international bodies have consistently advocated for dialogue to address disputes, emphasizing the role of diplomacy in averting conflict and fostering long-term stability.
As the situation evolves, the international community awaits further statements and actions from both the UAE and Israel. The delicate nature of the geopolitical landscape in the Middle East emphasizes the importance of diplomatic efforts to address concerns and prevent the escalation of tensions in the region.
Leading artificial intelligence company OpenAI has achieved a remarkable milestone by surpassing $2 billion in revenue. The company, known for its cutting-edge developments in the field of AI, has emerged as a major player in the tech industry.
OpenAI’s impressive financial success has caught the attention of potential investors globally. In a strategic move, the company is now actively seeking investment opportunities in the United Arab Emirates (UAE). The UAE, with its burgeoning tech sector and commitment to innovation, presents a promising market for OpenAI to further expand its operations and collaborations.
The $2 billion revenue mark signifies not only OpenAI’s financial prowess but also its continued impact on advancing artificial intelligence. The company has consistently delivered groundbreaking technologies, shaping the landscape of AI research and development.
As OpenAI explores opportunities for investment in the UAE, industry experts anticipate a mutually beneficial collaboration. The UAE, known for its forward-looking approach to technology and innovation, provides an ideal environment for OpenAI to foster new partnerships and propel its growth trajectory.
OpenAI’s decision to seek investors in the UAE aligns with the company’s strategic vision of global expansion and collaboration. The UAE’s commitment to becoming a hub for technology and innovation makes it a strategic choice for OpenAI to forge alliances and contribute to the region’s technological advancement.
The news of OpenAI’s revenue milestone and its pursuit of UAE investors has generated widespread interest within the tech and investment communities. Investors in the UAE are keenly observing the potential opportunities that partnering with OpenAI could bring, considering the company’s track record of transformative advancements in artificial intelligence.
This move by OpenAI not only underscores its financial success but also positions the company as a key player in shaping the future of AI on a global scale. As the search for investors in the UAE gains momentum, OpenAI’s journey into new territories is expected to catalyze innovation and contribute to the ongoing evolution of artificial intelligence.
Unforeseen weather conditions prompt UAE public sector to embrace remote work on February 12. In response to the anticipated heavy rainfall, government officials have decided to implement a remote work arrangement for public sector employees to ensure operational continuity and employee safety.
This strategic move comes as the UAE Meteorological Department issues warnings of heavy rainfall, anticipating potential disruptions to regular commuting and work routines. The decision aligns with the government’s commitment to prioritize the well-being of its workforce and maintain efficient service delivery.
Officials emphasize the importance of adaptability in the face of unexpected weather events, citing the need to safeguard employees from potential transportation challenges and ensure seamless government operations. The remote work directive applies to various departments within the public sector, fostering a unified approach to address the potential impact of adverse weather conditions.
This proactive measure reflects the government’s commitment to maintaining productivity while prioritizing employee safety and well-being. The decision is in line with global trends where remote work has become an essential component of business continuity plans, allowing organizations to navigate challenges effectively.
Employees are urged to adhere to their regular working hours and remain accessible through digital communication channels. The government has already implemented robust technological infrastructure to facilitate remote collaboration, ensuring minimal disruptions to essential public services during this period.
While the remote work arrangement is a temporary response to the weather forecast for February 12, it showcases the government’s ability to swiftly adapt to unforeseen circumstances. The decision is a testament to the ongoing efforts to modernize work practices and prioritize employee welfare in the ever-changing landscape of the modern workplace.
As the UAE public sector embraces remote work on February 12, the move highlights the importance of flexibility and preparedness in ensuring continued service delivery, even in the face of unexpected weather challenges. The decision sets a precedent for proactive measures to safeguard both employees and operational efficiency in the dynamic and evolving work environment.
A seasoned traveler at the age of 79, a woman accomplished the extraordinary feat of visiting every country on Earth. Despite her advanced age, she managed to navigate the globe, sharing her unique journey. What makes her odyssey even more remarkable is the revelation that she juggled two to three jobs concurrently to finance her global adventures.
The nonagenarian adventurer, who embarked on her first international journey decades ago, recently achieved the milestone of setting foot in every country worldwide. Her unique accomplishment has captivated travel enthusiasts and sparked curiosity about the logistics and financial aspects of her extensive expeditions.
While many would assume that such a globetrotting lifestyle requires substantial financial backing, this intrepid explorer revealed the pragmatic approach she adopted to fund her travels. Juggling two to three jobs concurrently, she diligently managed her finances to support her passion for exploring diverse cultures, landscapes, and traditions.
The elderly traveler’s dedication to her goal is evident in her work ethic, as she tirelessly balanced multiple jobs to sustain her nomadic lifestyle. Her story challenges conventional notions of age-related limitations, proving that a fervent spirit and strong work ethic can transcend societal expectations.
As news of her accomplishment circulates, questions arise about the challenges she faced during her extensive travels, the cultural insights gained, and the motivation that fueled her wanderlust. The seasoned traveler remains tight-lipped about personal details but emphasizes the transformative power of experiencing the world firsthand.
This extraordinary narrative serves as a testament to the resilience and determination of individuals who refuse to let age become a barrier to their aspirations. The globetrotter’s story resonates as an inspiration for those who dream of exploring the world, proving that with dedication and hard work, even the most ambitious travel goals can be achieved.
In a world where travel is often associated with leisure and luxury, this remarkable woman challenges stereotypes, showcasing that the pursuit of one’s passions knows no age or boundaries. As her story continues to unfold, it serves as a beacon of inspiration for those who dare to dream beyond the confines of conventional expectations.
Indian Prime Minister Narendra Modi’s recent visit to the United Arab Emirates (UAE) marked a pivotal moment in diplomatic relations. The trip aimed at reinforcing the strategic partnership between the two nations and fostering cultural ties took a significant turn with the inauguration of the BAPS Hindu Temple.
During the visit, Prime Minister Modi engaged in high-level discussions with UAE leaders, emphasizing mutual cooperation in areas such as trade, security, and technology. The leaders expressed commitment to enhancing economic collaboration, with discussions centering around investments, infrastructure development, and joint ventures.
The highlight of the visit was the unveiling of the BAPS Hindu Temple, a symbol of the strong cultural connection between India and the UAE. The temple, located in Abu Dhabi, stands as a testament to the rich heritage shared by the two nations. Its inauguration underscores the significance of religious harmony and cultural diversity, fostering a sense of unity among the Indian diaspora in the UAE.
In addition to diplomatic and cultural engagements, the visit saw discussions on regional and global issues of mutual concern. Prime Minister Modi and UAE leaders addressed challenges such as climate change, terrorism, and the ongoing global health crisis. Both sides reiterated their commitment to collaborative efforts in addressing these pressing issues on the international stage.
The strategic importance of the UAE in India’s foreign policy was highlighted during the visit. The nations acknowledged the need for continued cooperation in the fight against terrorism and extremism, recognizing the impact on regional stability and global security.
As the UAE and India move forward with strengthened ties, the BAPS Hindu Temple stands as a symbol of the enduring friendship and shared values between the two nations. The cultural and religious significance of the temple reinforces the deep-rooted connections that go beyond diplomatic agreements.
Prime Minister Modi’s visit to the UAE not only solidifies bilateral relations but also underscores the importance of diplomacy in building bridges across nations. The inauguration of the BAPS Hindu Temple serves as a landmark moment in the history of India-UAE relations, emphasizing the shared commitment to diversity, tolerance, and cooperation on the global stage.
Prime Minister Narendra Modi is set to embark on a crucial diplomatic visit to the United Arab Emirates (UAE) from February 13 to 14. The visit aims to strengthen bilateral ties and explore new avenues for collaboration between the two nations.
During the two-day visit, PM Modi is scheduled to engage in high-level talks with UAE leaders, fostering discussions on various economic, strategic, and cultural fronts. Both countries are expected to address key regional and global challenges, underscoring the importance of cooperative efforts in addressing shared concerns.
Economic collaboration is expected to be a focal point, with discussions centered around trade, investment, and technological partnerships. The visit holds significance in the context of India’s efforts to enhance its economic ties with the Gulf region, particularly in the post-pandemic recovery phase.
The strategic dimension of the talks is expected to encompass regional security issues and collaborative efforts in counter-terrorism. The discussions will likely touch upon mutual concerns and the evolving geopolitical landscape, reflecting the shared commitment of both nations to maintain peace and stability in the region.
Cultural and people-to-people ties will also be a prominent aspect of the visit. PM Modi is expected to participate in various events that highlight the rich cultural exchange between India and the UAE. Strengthening these cultural bonds is seen as a means to further enhance the understanding and goodwill between the peoples of the two countries.
The visit comes at a time when the world is grappling with various challenges, including the ongoing COVID-19 pandemic and its socio-economic impacts. Collaborative efforts to address global challenges, including public health crises and climate change, are anticipated to feature prominently in the discussions.
This diplomatic tour underscores the commitment of both India and the UAE to deepening their strategic partnership and exploring new avenues for cooperation across various sectors. As PM Modi sets foot on UAE soil, the international community will be closely watching the outcomes of these high-stakes discussions, with expectations of positive developments that will shape the future trajectory of bilateral relations.
Niner Pharmaceuticals has introduced the groundbreaking 9ER MedTech application, aiming to transform global healthcare practices. The tech innovation promises a paradigm shift, offering advanced solutions for healthcare providers worldwide.
The 9ER application, a cutting-edge initiative by Niner Pharma, integrates state-of-the-art technology to streamline healthcare processes. This development comes in response to the growing demand for efficient and accessible healthcare solutions across the globe.
Healthcare professionals can anticipate enhanced operational efficiency through the 9ER application’s diverse features. The platform boasts improved data management, real-time communication, and seamless integration of medical records, ultimately optimizing patient care.
Niner Pharma’s strategic move aligns with the evolving landscape of the healthcare industry, emphasizing the need for innovation in the face of complex challenges. The 9ER MedTech application is poised to redefine how healthcare institutions deliver services, fostering a more interconnected and responsive system.
The application’s user-friendly interface ensures accessibility for healthcare professionals of varying technical expertise. Niner Pharma aims to bridge gaps in healthcare delivery, promoting a more interconnected and responsive global healthcare network.
This development is a testament to Niner Pharmaceuticals’ commitment to driving positive change in the healthcare sector. By leveraging technology, the company seeks to empower healthcare providers with tools that enhance overall patient outcomes and streamline medical processes.
The 9ER MedTech application is meticulously designed to cater to the specific needs of healthcare practitioners, aligning with Niner Pharma’s vision of a more efficient and patient-centric healthcare ecosystem. The initiative reflects the company’s dedication to staying at the forefront of technological advancements in the healthcare domain.
As the 9ER application gains traction, Niner Pharmaceuticals anticipates a transformative impact on global healthcare practices. The unveiling marks a significant milestone, signaling the company’s proactive stance in contributing to the evolution of healthcare delivery on a global scale.
