A $125 billion Abu Dhabi state investment firm, formed by merging two of the emirate’s biggest funds, is expected to start operating in May, its chief executive said on Thursday. Mubadala Investment Co is being formed through a merger of Mubadala Development Co and International Petroleum Investment Co, which own corporate stakes in the energy industry and other sectors in the United Arab Emirates and around the […]
Ten years ago Vladimir Putin angrily declared that the post-cold war order was a sham. Standing before the western military and diplomatic establishment at the Munich Security Conference, the Russian president accused the US of plunging the world into chaos by warmongering, meddling in other countries’ affairs and disregarding international law. For many, it marked the moment that Mr Putin became an adversary. Now, as foreign policy […]
Containers are great, having to re-invent persistence to use them, not so much. But that is changing. You’re not the only one concerned about container persistence: 82 percent of respondents in a recent survey said they’d deploy containers within two years if storage challenges could be resolved. That is a legitimate concern, as containers can offer great versatility and efficiency compared to virtualization, but being forced to […]
SMEs are going to dominate the renewables space, especially in emerging markets, such as the GCC, with the private sector playing a key role in driving adoption. UAE SMEs driving adoption and growth of the renewables sector The UAE’s cleantech industry is today buzzing with several start-ups and medium sized firms investing huge amounts of time and resources to identify better, more efficient and sustainable ways to […]
In 2017 and beyond, consumers will finally start to benefit from some of the innovations that have been evolving over the past year, from 3D prosthetics to customised insurance packages. Many of these trends will be cemented in our routine lives over the next couple of years. Innovative insurance A new era has dawned on the UAE’s insurance industry since the rollout of the Dubai Health Authority’s […]
Astronomers have found 60 new planets, including a super-Earth, orbiting stars near the solar system. Lick-Carnegie Exoplanet Survey For two decades, scientists observed 1,600 stars using the W.M. Keck Observatory in Hawaii and discovered 60 new planets outside of the solar system. Through the project called the Lick-Carnegie Exoplanet Survey, which started in 1996 and aims to search for exoplanets, scientists were also able to find evidence of […]
The Syrian civil war has left nearly half a million people dead, displaced millions more, and turned its largest city, Aleppo, into an open-air slaughterhouse. The war is destroying antiquity too. For just under a year, from May 2015 to March 2016, the so-called Islamic State held control of the ancient central city of Palmyra, a boomtown that became a Roman colony in the 3rd century A.D. […]
By Michael Flaherty and Siddharth Cavale Procter & Gamble Co (PG.N), maker of Tide detergent and Gillette razors, will face ever greater pressure to slice costs and slow-growing divisions now that activist investor Trian Partners is a major shareholder. P&G’s shares hit a two-year high on Wednesday after Trian disclosed a stake in the consumer products behemoth, which is already trying to slim down by selling unprofitable […]
VIENNA Grumpy waiter service is as traditional as apple strudel in Vienna, but a cafe in one of the city’s most recognizable landmarks has caused disquiet with what seems to be an Austrian first: charging customers for charging their phones. Tired of tourists powering up batteries for hours, cafe owner Galina Pokorny has introduced a 1 euro ($1.06) fee for those who plug in their mobiles for […]
There is a super-Earth existing outside the solar system near our planet. This must be good news when efforts are underway to colonize Mars. This was revealed in the Lick-Carnegie Exoplanet Survey by a team of international scientists. It was led by astronomers Steve Vogt, Geoffrey Marcy from the University of California, and Carnegie Institute of Science’s Paul Butler at Washington. The team discovered 60 new planets and […]
Why am I telling you this story? Because Israel is getting closer every day to wiping out any possibility of a two-state solution. Just last week, Netanyahu’s government pushed through the Knesset a shameful new law declaring that wildcat Jewish settlers who had illegally set up caravans on private West Bank Palestinian land, and erected their own settlement there, will have their settlements legalized, although the Palestinian […]
By Luke Baker | WASHINGTON WASHINGTON President Donald Trump will host Israeli Prime Minister Benjamin Netanyahu at the White House on Wednesday, their first meeting since the inauguration and one that promises to shape the contours of Middle East policy for the years ahead. On the agenda are some of the region’s most volatile issues: the war in Syria, the Iran nuclear file and the Israeli-Palestinian conflict, […]
Since then the barriers to peace have grown even more formidable, and attitudes like Mr. Gatshan’s more entrenched. Continue reading the main story When President Trump and Israel’s prime minister, Benjamin Netanyahu, meet in Washington on Wednesday they are likely to discuss a change of tactics, relying on Arab states like Qatar to help secure a two-state solution, under which Israel and an independent Palestinian state would […]
The US economy and fiscal policy face an uncertain path under the administration of Donald Trump, Janet Yellen warned on Tuesday as she declared “monetary policy is not on a preset course” but said it would be “unwise” to raise rates too slowly. Testifying before Congress on Tuesday, the Federal Reserve chair painted a picture of an economy with accelerating growth, higher inflation and a robust labour […]
Photo Credit Justin Renteria It’s a fair bet that the first meeting on Wednesday between President Trump and Prime Minister Benjamin Netanyahu of Israel will feature big smiles and reassuring words. Both men are eager to demonstrate that the hostility that poisoned Mr. Netanyahu’s relations with President Barack Obama is a thing of the past. But personal chemistry can go only so far. The issues facing the […]
NopSec Recorded Future has extended the capabilities of the firm’s threat intelligence platform to harvest data from every source on the web, granting the enterprise increased visibility into emerging digital threats. On Monday at the RSA Conference 2017 in San Francisco, the firm said the Recorded Future Web Intelligence Engine has received a substantial upgrade. The platform, designed with corporate security specialists in mind, automatically slurps data […]
14 February 2017 Manama, Bahrain – SAH Global conducted the MENA region’s first-ever Proton Therapy Patient Reunion in the Kingdom of Bahrain. Founded in 2005, SAH is the only company in the MENA region that is already treating patients from the area, while establishing a network of Proton Therapy centers globally, with the first center slated to be in the GCC. The event was held under the […]
By Ned Parker and Ju-min Park | UNITED NATIONS/SEOUL UNITED NATIONS/SEOUL The U.N. Security Council denounced North Korea’s weekend missile launch, urging members to “redouble efforts” to enforce sanctions against the reclusive state, but gave no indications of any action it might take. Pyongyang’s test of the intermediate-range ballistic missile on Sunday was its first direct challenge to the international community since U.S. President Donald Trump took […]
By Andrew Chung and Mica Rosenberg | NEW YORK NEW YORK Washington state’s attorney general has promised to uncover “what truly motivated” President Donald Trump’s executive order on immigration, an approach that could prompt a rare public examination of how a U.S. president makes national security decisions. The presidential order imposed a temporary ban on travelers from seven predominantly Muslim countries, but a federal judge has barred […]
By Noel Randewich | SAN FRANCISCO SAN FRANCISCO Shares of Apple (AAPL.O) rose to a record high close on Monday, buoyed by Wall Street’s expectations that the release of a 10th-anniversary iPhone and pent-up customer demand will shore up lackluster sales. The largest component of the S&P 500 and a core holding on Wall Street, Apple’s stock climbed 0.9 percent to end at $133.29, breaking above its […]
February 13, 2017 by: Anjli Raval, Oil and Gas Correspondent Steep Opec production cuts could ease an oil market surplus quicker than expected in 2017, the oil cartel signalled in its first output assessment since a deal to curb supplies and bolster prices came into effect. After more than two years of allowing market forces to balance supply and demand, Opec in November agreed to again influence […]
February 13, 2017 by: Anjli Raval, Oil and Gas Correspondent Steep Opec production cuts could ease an oil market surplus quicker than expected in 2017, the oil cartel signalled in its first output assessment since a deal to curb supplies and bolster prices came into effect. After more than two years of allowing market forces to balance supply and demand, Opec in November agreed to again influence […]
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. Major Garrett of CBS News is rising to the defense of the extravaganza that is the White House Correspondents’ Association Dinner — and he is nearly convincing. Garrett is a very good, no B.S. reporter who adeptly made the print-to-TV […]
Jeb Hensarling did not hold back last week, when asked on CNBC about the flaws of Dodd-Frank. “It clogs the arteries of capitalism in our system. It hurts working people. It hurts consumers. It needs to go,” said the chair of the House Financial Services Committee, about the signature piece of financial regulation of the Obama era. “You can’t get a healthy economy as long as you […]
