Louvre Hotels has announced plans to open 10 new hotels in the Middle East and North Africa (MENA) by the end of 2017, adding 1,600 keys to its current room inventory. The new properties will take its total regional keys to more than 11,000 and follows a productive 2016 when Louvre launched 12 properties in key markets including the UAE, Qatar, Saudi Arabia, Algeria, Tunisia and Lebanon. […]
Pfizer Inc (PFE.N), the largest U.S. drugmaker, reported quarterly revenue that missed estimates as sales of its key drugs fell short of expectations. Sales of breast cancer drug Ibrance, which is expected to face competition from rival Novartis AG’s (NOVN.S) Kisqali, rose more than 58 percent to $679 million, but missed the consensus estimate of $682 million, according to Barclays. “Key franchises came in well below expectations, […]
The Apple Watch launched with much fanfare. But the recent disappearance of some of its apps happened almost unnoticed. Big-name apps such as Google Maps and Amazon have pulled their support for Apple’s wearable Apple Watch as Apple prepares for the launch of Watch Series 3. The wearable fitness tracker has just launched watchOS 3.2 last March, so the absence of some apps may come as a surprise to […]
When yoga teacher Jo Phee asks her students to lie down for the Bananasana, a stretch for the oblique stomach muscles, they don’t just hold the pose for a few breaths. The aim is to hold it for about five minutes. It is all part of yin yoga – a restorative modern form of the exercise that has only grown in popularity globally in the past few […]
May 2, 2017 by: Najmeh Bozorgmehr in Tehran Iran’s hardliners are committed to the nuclear deal with world powers even as they use the accord to attack President Hassan Rouhani ahead of elections this month, a senior hardline politician said. The agreement was a “done deal” and there would be no attempts to sabotage it, said Alireza Zakani, a senior figure in the hardliners’ camp and a […]
Ismael Al Baloushi, an environmental inspector working in Ras Al Khaimah has been honoured for rescuing a woman and a young girl from drowning in the sea. Ohood bint Khalfan Al Roumi, the UAE’s Minister of State for Happiness, and Ahmed Mohammed Ahmed Al Hammadi, director general of Public Works and Services Department in Ras Al Khaimah, led the praise. They said Al Baloushi’s bravery echoed “the […]
By Laila Kearney | NEW YORK NEW YORK New York is bracing for President Donald Trump’s first trip back to his hometown since taking office in January in a Thursday visit that is expected to draw protests and snarl traffic in the United States’ most populous city. The trip could mark a repeat of the chaotic 2-1/2 months between the real estate developer’s Nov. 8 election and […]
02 May 2017 wasl Asset Management Group, one of the largest real estate development and management companies in Dubai – has announced the launch of the city’s second luxury Mandarin Oriental hotel, which is due to open in November 2020. The new location in Dubai’s Commercial District of Sheikh Zayed Road will complement wasl’s Mandarin Oriental hotel on the waterfront at Jumeira Beach, which will open in […]
Citrix had added some new Mac-focused capabilities to its file sync and sharing service ShareFile. The company said the updates are aimed at promoting better collaboration and productivity while protecting company, customer and personal information. First up, Citrix is releasing the new desktop app for Mac, which now offers one-click access to ShareFile without the need to open a web browser. The app also lets users access, […]
Brussels is rushing out proposals to impose EU control on the City of London’s lucrative euro-clearing market, forcing UK operators to either relocate or be policed by European authorities. In a provocative regulatory salvo fired as Brexit talks begin, the European Commission is preparing to issue legislative proposals in June that would heavily restrict London’s ability to host one of its flagship financial businesses. The commission’s power […]
BEIJING China has conditionally approved the proposed merger between the Dow Chemical Co and Dupont, the country’s Commerce Ministry said on Tuesday. The merger was approved by EU antitrust regulators in March on the condition the companies divest assets and research and development facilities. Regulators in the United States, Brazil, Australia and Canada are yet to clear the deal. [nL4N1HZ4KT] (Reporting by Beijing Monitoring Desk; Editing by […]
When I visited a dozen news organizations on our Innovation Tour last November, there was a surprising consensus among the biggest players on the next big thing they had in focus: Voice-activated news for devices like Amazon Echo and Google Home. As was true for Virtual Reality/360-degree video a year earlier, the medium is so new that publishers are just beginning to figure out where to start. But […]
The cover of Arabian Business, April 30–May 6, referenced an exclusive interview with Anas Al Saleh, Deputy Prime Minister and Minister of Finance of Kuwait. The minister was quoted as saying: “I worry about my country, I worry a lot about my reserves, I worry about the sustainability of Kuwait.” This statement was made in reference solely to the long term fiscal sustainability of Kuwait, in relation […]
The Victorian government has announced that it will be investing AU$11 million in the mobile blackspot program as part of an overall AU$45 million spend on improving digital technology and infrastructure in regional areas across the state. “The government is investing AU$45 million to give regional Victorian homes and businesses access to mobile and broadband technologies, enabling them to participate in the digital economy,” the Victorian government […]
For nearly two months, American International Group Inc (AIG.N) has planned to replace its chief executive but a successor has yet to be named, creating a void that has fueled investor concern about the insurance company’s future. AIG reports its first-quarter earnings on Wednesday and analysts and investors said they want to know more about AIG’s succession plans. Chief Executive Officer Peter Hancock announced on March 9 […]
PANAMA CITY (AFP) – The co-founder of the law firm at the center of the Panama Papers scandal says the fallout has set off a “thriving” boom in the creation of tax shelters in the United States. Juergen Mossack, who partnered with Ramon Fonseca to create the Panamanian firm Mossack Fonseca, said in a document obtained on Thursday (April 21) by AFP that after the Panama Papers […]
Dubai, May 1, 2017 Western Union, a leader in global payments, today announced a collaboration with the Arab Federation for e-Commerce, to jointly boost the uptake of e-Commerce and digital payments in the Middle East and North Africa (MENA) region. Representing 14 governments from MENA, the Arab Federation of e-Commerce aims to establish efficient processes, practices and platforms for the development of secure and efficient e-commerce to […]
Infosys, the Indian IT services company that stands to be one of the biggest losers from a US visa crackdown, plans to hire 10,000 Americans in the next two years, according to the company’s chief executive. News of the hiring spree, due to be announced on Tuesday, is likely to be seen as a win for the White House as it tries to push companies into creating […]
Mr. Ghasemi’s remarks, at a regular weekly news conference reported by Iranian media, did not suggest a negotiation was underway for the release of the Americans, all of them dual citizens of the United States and Iran. Continue reading the main story Mr. Ghasemi did not identify any of them by name. At least four Americans of Iranian descent are known to be held in Iranian prisons […]
Dr Sheikh Sultan bin Mohammed Al Qasimi, Ruler of Sharjah, has issued a decree establishing the Big Heart Foundation, a charity which aims to raise awareness about the suffering of refugees. The decree states that Sheikha Jawaher bint Mohammed Al Qasimi, Eminent Advocate for Refugee Children at the United Nations High Commissioner for Refugees (UNHCR), and wife of the ruler, will chair the foundation, state news agency […]
Melbourne IT has announced the proposed acquisition of internet marketing service provider WME Group for approximately AU$39 million. WME Group provides digital marketing solutions, including search engine optimisation, search engine advertising, and web design. WME Group’s market-facing brands include WME, Nothing But Web, and Results First. With WME Group under its brand, the Australian Securities Exchange (ASX)-listed company told shareholders on Tuesday it hopes to position itself […]
By Andrew Cawthorne and Alexandra Ulmer | CARACAS CARACAS Venezuela’s socialist President Nicolas Maduro announced on Monday the creation of a new popular assembly with the ability to re-write the constitution, which foes decried as a power-grab to stifle weeks of anti-government unrest. “I don’t want a civil war,” Maduro told a May Day rally of supporters in downtown Caracas while elsewhere across the city security forces […]
Cisco has announced that it is acquiring Viptela, a software-defined wide area network (SD-WAN) startup based in San Jose, California, in a deal worth $610 million. Founded by former Cisco engineers Amir Khan and Khalid Raza, Viptela delivers end-to-end network virtualisation that allows for application aware routing, service chaining, centralised policy, and orchestration capabilities. The company has raised more than $108 million since its founding in 2012. […]
New regulatory standards for commercial and recreational use of drones have been endorsed by the Emirates Authority for Standardisation & Metrology (ESMA), including a surveillance system for detecting unmanned aerial vehicles in the UAE. Dr Rashid Ahmed Bin Fahad, chairman of ESMA, said in comments published by state news agency WAM that the new standards envisage a central system to monitor any drone operating in the UAE […]
