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CAIRO — Egyptian militants affiliated with the Islamic State extremist group have threatened to kill a Croatian hostage within 48 hours unless the Egyptian government releases female prisoners, according to a video released Wednesday. It was the first time in a two-year-old campaign of violence against the government that the militants had kidnapped or threatened to execute a foreigner, raising new fears of more attacks. Many analysts […]

INTERNATIONAL.  New research from PwC projects that traditional assets under management (AuM) in 12 markets across Africa will rise to around $1,098 billion by 2020, from a 2008 total of $293 billion. This represents a compound annual growth rate (CAGR) of nearly 9.6%. Traditional asset management, in particular the mutual fund industry, is expanding aggressively across Africa. This will largely be driven by a number of factors: […]

JERUSALEM — An ultra-Orthodox Jewish man who had recently been released from prison after serving 10 years for stabbing participants in the annual Gay Pride Parade here in 2005 struck again on Thursday, stabbing and wounding six marchers in this year’s parade, according to the police. Two of the victims were in serious condition, according to the emergency services. The assailant, Yishai Schlissel, was pinned to the […]

TEHRAN — For Jason Rezaian, the Washington Post reporter now on trial for espionage in Iran, the incident was extraordinary but still looked like another example of the difficulties in covering the country’s politics. On a spring day in March 2014, his wife and a female photographer were stopped in broad daylight in their car on a busy Tehran highway and taken into a van, where, friends […]

Mena lagging in adopting cyber security policies BEIRUT, 1 days ago Despite the current global focus on cyber security issues including hacking, data losses, breaches and other information leaks, organizations in the Mena region still do not have formal cyber security initiatives in place, a report said. In keeping with international trends, managing Compliance Risk remains a high priority for organizations across Mena region, explained the Middle […]

|By K Raveendran| The deregulation of fuel prices in the UAE is no doubt a highly opportunistic move in the sense that the current oil price levels support market-driven pricing. But a major factor that prompted the decision is believed to be the recommendations of IMF. The UAE Ministry of Energy recently announced that domestic gasoline and diesel prices would be deregulated starting from 1 August 2015. […]

JERUSALEM — The two issues with perhaps the broadest consensus and resonance in Israeli politics are opposition to the Iran nuclear deal and support for the release of Jonathan J. Pollard, the convicted Israeli spy, from a North Carolina prison. Now the two could be tied together, as some in Washington appear to be highlighting Mr. Pollard’s likely parole in November in hopes of quieting the vigorous […]

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ADEN // An Emirati plane landed in Aden at dawn on Friday, bringing humanitarian aid to the southern Yemeni city only hours after its airport came under rocket fire from rebels. In total, four aircraft have arrived at the port city since the symbolic reopening of Aden’s international airport on Wednesday, which followed nearly four months of fierce fighting. The UAE plane delivered medical supplies from the […]

UAE. Wermuth Asset Management has announced its expectation that, given the availability of solar power at $4 cents/kWh, a price with which crude oil could only compete if offered below $7/barrel, the ‘carbon bubble’ will burst and that it will have profound implications for the Middle East’s oil producing countries, global financial markets and the world economy. If COP21 leaders this year commit to a global 2⁰C […]

Citigroup Inc’s consumer bank has been ordered to pay $700 million in relief to borrowers for illegal credit card practices, the U.S. Consumer Financial Protection Bureau said. The CFPB, set up under the 2010 Dodd-Frank Act aimed at reforming Wall Street, has been cracking down in recent years on credit card companies offering payment protection, credit score tracking and other add-on products. Citi will also pay civil […]

UAE. Retailers in the UAE experience some of the best conditions in the world in which to operate in, benefitting from a strong quality of infrastructure and a robust economic environment, says Arcadis in its Retail Operation Index. The UAE ranks eighth place in the overall rankings and first place in the Middle East, while quality of transportation and ease of getting up-and-running is holding many other […]

VIENNA — One by one, the roadblocks to a nuclear accord between Iran and the United States had been painstakingly cleared. But as the negotiations went into their third week in the neoclassical Coburg Palace hotel this month, a major dispute lingered over whether a ban on Iran’s ability to purchase conventional weapons and missile technology would remain in place. The American delegation, led by Secretary of […]

They are as associated with London as Big Ben. They have a reputation for being as clean as a crumpet plate. And they are as recognizable as Parliament. And perhaps they should be, since they have been around for quite the while. Perhaps the best-known is the Austin FX4, which was made from 1958 to 1994. They also have a reputation for being all-black, but they do come in […]

Video | Iranians Celebrate Nuclear Deal Iranians took to the streets on Tuesday night to celebrate the nuclear accord between the United States and Iran. By THOMAS ERDBRINK July 14, 2015 TEHRAN — Weary of sanctions and isolation, many ordinary Iranians rejoiced on Tuesday over a historic nuclear agreement with world powers led by the United States, the main enemy for nearly four decades. But their excitement was tempered […]

CAIRO — The Islamic State group claimed responsibility for a powerful explosion outside the Italian Consulate’s compound in downtown Cairo early Saturday that killed one person and was the first major bombing of a foreign diplomatic mission since the start of an insurgency here nearly two years ago. The explosion, which occurred about 6:15 a.m., jolted residents awake across the city and brought down slabs of the […]

Mobile application developers will be able to test the quality of their apps through a new service — AWS Device Farm — unveiled by Amazon Web Services. The announcement was one of several made during the AWS Cloud Summit taking place Thursday at the Javits Convention Center in New York City. Other new developments announced during the event included Amazon API Gateway, a managed service designed to […]

Google’s new image-recognition program misfired badly this week by identifying two black people as gorillas, delivering a mortifying reminder that even the most intelligent machines still have lot to learn about human sensitivity. The blunder surfaced in a smartphone screen shot posted online Sunday by a New York man on his Twitter account, @jackyalcine. The images showed the recently released Google Photos app had sorted a picture […]

World Briefing By THE ASSOCIATED PRESS July 1, 2015 At least 1,466 Iraqis were killed in episodes of armed conflict in June, up more than 40 percent from the previous month as security forces battled the Islamic State group, according to United Nations figures released Wednesday. The monthly death toll was the highest since September, and the rise from last month appeared to be almost entirely attributable to higher casualties […]

RAMALLAH, West Bank — A Palestinian man was shot after he opened fire on Israeli forces in the occupied West Bank early Friday, the Israeli Army said. Lt. Col. Peter Lerner, a spokesman for the Israeli military, said the attack had occurred at a checkpoint in the Jordan Valley, a fertile basin that extends across much of the east West Bank along the border with Jordan. No […]

UAE. The latest Towers Watson survey on Health Benefits reveals that employers are investing more in the health of their employees as many Gulf Co-operation Council (GCC) countries have implemented new legislation and amendments to laws that deal with mandates for employee healthcare coverage. These changes are already in effect or will come into effect in phases over the next few years and will implicitly impact employers. […]

As the civil war in Yemen continues, many families say they are living in constant fear. Parents say that their older children have been wetting their beds at night, and that younger ones are so traumatized that they are sent running for cover by the sound of a door slamming. The fighting between Houthi rebels and Saudi-backed government forces has displaced a million people, destroyed cultural heritage […]

By THE ASSOCIATED PRESS June 20, 2015 CAIRO — A prominent Al Jazeera journalist was detained Saturday in Germany over an Egyptian arrest warrant, the latest in a series of legal entanglements between Egypt and Al Jazeera. Al Jazeera, which is based in Qatar, reported the detention. The journalist, Ahmed Mansour, who works for the broadcaster’s Arabic service, was detained while trying to board a Qatar Airways flight at Berlin’s […]

Humans will be extinct in 100 years because the planet will be uninhabitable, according to Australian microbiologist Frank Fenner, one of the leaders of the effort to eradicate smallpox in the 1970s. He blames overcrowding, denuded resources and climate change. Fenner’s prediction is not a sure bet, but he is correct that there is no way emissions reductions will be enough to save us from our trend […]

A man types on a computer keyboard in Warsaw in this February 28, 2013 illustration file picture. Reuters/Kacper Pempel/Files SAN FRANCISCO The Chinese hacking group suspected of stealing sensitive information about millions of current and former U.S. government employees has a different mission and organizational structure than the military hackers who have been accused of other U.S. data breaches, according to people familiar with the matter. While […]

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Just in:
Nvidia appoints Colette Kress interim chief after Huang departure // Salik posts Dhs1.045bn profit despite lower toll traffic // The Honey Trap Is The Headline, The Chip Pipeline Is The Story // TORRAS Launches Two New iPhone Duo Cases from Its Popular Ostand Series, Addressing Foldable Phone Users’ Concerns About Difficult Stand Positioning and Scratches // 11 Boutique Xinjiang Wineries to Debut in Singapore // IEA forecasts fourth-quarter oil surplus as Gulf shipments rebound // Hackers falsify NVIDIA GPU readings to mask cryptomining // Crescent Enterprises venture arm funds Oyster Therapeutics development // Yicura BioMed Advances Dual Capital and Industrial Strategy： Completes First Closing of Series B Financing Led by Gobi Partners // EBANX and Eneba strengthen partnership in Latin America with 138% YoY growth in payment volume // Lego restores BrickLink marketplace after security investigation // October Food Price Shock Has Far Reaching Consequences // Rooftop solar planning gaps behind power shortages // Microsoft restores services gradually but gives no recovery deadline // Microsoft apologises as Outlook services recover after outage // L’OCCITANE Celebrates 50 Years Of Provençal Craftsmanship With Holiday 2026 Collection // From Dubai to the EU: how UAE-based crypto firms can expand under MiCA // OpenAI unveils ChatGPT Wallet for agent-led purchases // US authorities dismantle North Korean cryptocurrency deception infrastructure // China Reconciled To U.S. Curbs On Chips Exports, Woos South Korea For Supply //