By THOMAS ERDBRINK June 13, 2015 TEHRAN — With a little more than two weeks before the deadline for a nuclear deal, Iran’s president, Hassan Rouhani, said Saturday that he expected relief from economic sanctions within a “couple of months” after an agreement with six world powers was signed. Speaking at a news conference to recognize the second anniversary of his election, Mr. Rouhani dismissed reports that Iranians would […]
After a federal court rejected attempts by cable and phone companies to stop net neutrality on Thursday, the Federal Communications Commission’s plan for new Internet rules went into effect. Under the new rules, the FCC can assert extra authority over the Internet to establish equal access to Internet speeds and Web sites. Companies like AT&T, Comcast and Verizon have claimed that the rules are beyond the FCC’s […]
Video | Orange’s Boss Meets With Netanyahu Stéphane Richard, the chief executive of Orange, the French telecom giant, tells Israel’s prime minister that he regrets the furor caused by his statements about doing business in the country. By JODI RUDOREN June 12, 2015 JERUSALEM — The chief executive of a French telecommunications company made an extraordinary personal pilgrimage on Friday to apologize to Prime Minister Benjamin Netanyahu of Israel, […]
ISTANBUL — Late into the night on Sunday on the shattered streets of Kobani, the Syrian Kurdish city devastated last year by battles with militants affiliated with the Islamic State, residents celebrated the outcome of the recent Turkish parliamentary election results, honking horns, cheering and firing their guns. The election, in which the Kurdish party surpassed a threshold for the first time to enter Parliament, was the […]
Renovations have started at a 9.5-acre compound in the West Bank that started as a church-run hospital in the 1950s and later became a hostel for travelers. By JODI RUDOREN June 9, 2015 NEAR EL AROUB REFUGEE CAMP, West Bank — The old stone compound set amid Palestinian farmland between the cities of Bethlehem and Hebron has a relatively new fence. The compound, with eight buildings spread over 9.5 […]
As consumer demand for online data, streaming content and mobile services continue to grow, Apple is reportedly looking to boost its high-speed networkinfrastructure to provide more of those services in-house. Citing “people familiar with the plans,” Bloomberg on Monday reported that Apple’s new network ambitions are aimed at helping it better compete with rivals like Amazon, Facebook, Google and Microsoft. While Apple already operates its own data […]
U.S. Government Suffers Massive Cyberattack The U.S. Office of Personnel Management (OPM) is reporting a cybersecurity incident that affects its systems and data. The breach may have compromised the personal information of 4 million current and former federal workers. “Within the last year, OPM has undertaken an aggressive effort to update its cybersecurity posture, adding numerous tools and capabilities to its networks,” according to a statement on […]
June 4, 2015 Open Source By ROBERT MACKEY While many Israelis were enraged by comments from the chief executive of the French telecommunications company Orange, who told journalists in Egypt that he would like to cut ties to an Israeli cellphone service provider that operates in the occupied West Bank, pro-Palestinian activists working to isolate Israel argued that the statement was insufficient. The Orange chief executive, Stéphane […]
UAE. According to a new report by The Boston Consulting Group (BCG), the UAE outperforms the GCC and the rest of the world in most dimensions – including income, employment, health, education, infrastructure, income equality, civil society, governance, and environment – when it comes to its current-level Sustainable Economic Development Assessment (SEDA) scores. Across these dimensions, the UAE topped the average scores of both the GCC and […]
UAE. In a report released today by A.T. Kearney the UAE is ranked as the seventh most-attractive country in the Global Retail Development Index (GRDI), marking the eighth year in a row that the country has been globally ranked in the top 10. The UAE’s retail market continues to grow steadily with retail space growing by 7 percent in 2014 to reach 1.6 million square meters and […]
Intel Corp (INTC.O) agreed to buy Altera Corp (ALTR.O) for $16.7 billion as the world’s biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centres. By combining with Altera, Intel will be able to bundle its processing chips with the smaller company’s programmable chips, which are used, among other things, to speed up […]
|By K Raveendran| Qatar has maintained complete silence over any possible connections with the indictment of FIFA officials on various charges, including acceptance of gratification in awarding World Cup editions. The situation continues to hold suspense amidst reports coming from the US that criminal charges are to be brought against more people. Bloomberg reports quoting Internal Revenue Service’s chief investigator that the U.S. investigation of corruption in […]
The word ‘password’ is pictured on a computer screen in this picture illustration taken in Berlin May 21, 2013. Reuters/Pawel Kopczynski/Files WASHINGTON At 3:59 p.m. EDT on Sunday, the National Security Agency and telecommunications companies will begin mothballing a once-secret system that collected Americans’ bulk telephone records, shutting down computers and sealing off warehouses of digital data. If the U.S. Congress fails to act, key provisions of […]
UAE. The private equity market in the Middle East has matured in the last five years in terms of deal structures, volumes and values, according to speakers at a debate organised by ICAEW’s Corporate Finance Faculty in the UAE. ICAEW members and guests gathered at Jumeirah Emirates Towers in Dubai last week (Wednesday, 20th May) to discuss private equity in the region. The event, sponsored by Merrill […]
By RICK GLADSTONE May 27, 2015 France challenged Iran’s supreme leader on Wednesday over a disputed element of the Iranian nuclear talks, asserting that it would not sign any pact unless Iran allowed all its nuclear installations, including military sites, to be inspected. The French position was stated by the foreign minister, Laurent Fabius, just as negotiations reconvened in Vienna with the aim of reaching a final agreement by […]
A motorcyclist rides past the entrance of the headquarters of Hon Hai, which is also known by its trading name Foxconn, in Tucheng, New Taipei city, December 24, 2013. Reuters/Pichi Chuang/Files GUIYANG, China Taiwan’s Foxconn Technology, the world’s largest contract electronics manufacturer, is aiming to develop 10-12 facilities in India, including factories and data centres, by 2020, Chairman Terry Gou said on Tuesday. The company could spend […]
JORDAN. Technology will be a “game changer” in tackling youth unemployment in the Middle East and North Africa’s emerging Digital Economy, but only if the government, private, and people sectors collaborate effectively, according to a new report released on the eve of the World Economic Forum on the Middle East and North Africa (MENA) 2015. The report “Re-Dynamizing the Job Machine: Technology-Driven Transformation of Labor Markets in […]
The path to a wearable future lies in academia NEW YORK, 16 days ago By Jeremy Wagstaff For a glimpse of what is, what might have been and what may lie ahead in wearable devices, look beyond branded tech and Silicon Valley start-ups to the messy labs, dry papers and solemn conferences of academia. There you’d find that you might control your smartphone with your tongue, skin […]
UAE. The findings of a new study by The Boston Consulting Group (BCG), a global management consulting firm and the world’s leading advisor on business strategy, shows that mobile technologies are creating immense value for consumers – value that greatly exceeds the costs of owning a mobile device. In fact, consumers worldwide value mobile technologies at 11 to 45 percent of their income – well above what […]
Letter From the Mideast By JODI RUDOREN May 13, 2015 JERUSALEM — The most recognizable Israeli artwork depicting the Iranian nuclear threat was the cartoon bomb that Prime Minister Benjamin Netanyahu drew a red line through at the United Nations in 2012. Now comes Andi Arnovitz, an Orthodox Jewish-feminist painter and printmaker, with a series of collages that are a bit more sophisticated and just as unsettling. There is […]
|By Alaa Alghamdi| Recently we have seen heightened security along the Saudi borders in response to the threat posed by Houthi rebels, those same rebels who exerted such power that they forced President Mansour Hadi to leave the country. The leadership of Khaled Bahah as Vice President offers hope that decisive action may be taken to resolve this matter. Meanwhile the UN is referring to the situation […]
When American writer Kate Bolick was in her mid-twenties, she and her boyfriend used to go running after work, jogging through Boston in the early evening. One night, they passed a woman running behind her toddler in an all-terrain buggy. Her boyfriend smiled and said: “Look: there’s you someday.” Bolick’s stomach lurched, like in a scene from a Woody Allen: the career woman horrified by smug maternity, […]
/Marshall Hargrave/investorsalley.com/The end of Google’s reign as the king of search is near. Competitors are eating away market share and growth is sputtering. Trying to cherry-pick the next winner in search, however, is akin to rolling dice at a casino. All luck. Where investors are going to make their millions is in this red hot sector that is on the vanguard of life-saving technology that will revolutionize […]
A $1.5 billion nine-year loan for Dubai’s Emirates National Oil Company (ENOC) is being marketed to banks after receiving commitments from seven lenders to fully back the financing, three sources aware of the matter said on Thursday. The syndication phase was launched on Wednesday and will allow additional lenders to join in the facility, which ENOC said in January it would raise for general business purposes and […]
