Enterprises will soon be able to speed their Ethernet networks by up to five times their current speeds without having to replace their existing infrastructures thanks to a new networking standard announced this week. The standard, officially known as IEEE 802.3bz, defines 2.5 and 5 Gigabit Ethernet speeds over the existing installed base of twisted pair copper cabling. The new networking protocol will help companies continue to […]
UAE. (ME NewsWire )–Despite the fact that FinTech has been causing significant digital disruption to global finance for almost a decade, the sector is still in need of strong guidance against regulatory hurdles, says a new report from ACCA (the Association of Chartered Certified Accountants). The report, FinTech – transforming finance, finds that while FinTech’s impact on finance and banking is proving to be as revolutionary to […]
The UAE was ranked first regionally and 16th globally in the latest Global Competitiveness Report issued by the World Economic Forum (Davos) in Switzerland. The report is one of the most important global competitiveness reports, which monitors annual performance and competitiveness of the economies of countries in terms of strength, weakness, impact on quality of life, prosperity and well-being of people. Switzerland, Singapore and the United States […]
By Edward Taylor and Eric Auchard | PARIS/FRANKFURT PARIS/FRANKFURT Alarmed by the threat posed by Silicon Valley firms to their businesses in developing autonomous driving systems, it was evident at the Paris Motor Show this week that carmakers are seeking to fight back by cooperating in areas of technology development where previously they might have tried to compete. Three big carmakers – BMW (BMWG.DE), Daimler (DAIGn.DE) and […]
MUMBAI/HONG KONG Wal-Mart Stores Inc is in talks to buy a minority stake in India’s largest e-commerce firm Flipkart, two people familiar with the matter said, as the world’s biggest retailer aims to break into a fast growing but highly competitive online retail market. One of the sources said the U.S. retailer was looking to invest between $750 million and $1 billion in Flipkart, but the final […]
ABU DHABI // A school bus carrying children to class veered off the road and crashed into a palm tree lining a major road in the capital. The vehicle left the road and crashed into the tree on Khaleej Al Arabi Street just after 8.35am. Photographs seen by The National show significant damage to the front of one bus. Unofficial reports suggest two buses were involved – […]
UAE. Mobile phones are the most commonly used device among consumers in the UAE and more than half of all consumers (59%) prefer using their smartphones over any other device to make payments, the new Mastercard Impact of Innovation Study reveals. The study surveyed 23,000 consumers in 23 different countries across the Middle East, Africa and Europe about their attitudes to digital technology. It found that while […]
UAE. Dubai’s residential and hospitality markets have rebalanced towards a “new normal” in the first six months of 2016, according to Deloitte’s new report “Deloitte Real Estate Predictions 2016 – H1 Review.” The report predicts that residential sale prices will decline further in Dubai for the balance of 2016, but that this rate of decline will slow, as value and affordability returns to the market. “Our real […]
Nokia Bell Labs, Deutsche Telekom T-Labs and the Technical University of Munich (TUM) have achieved unprecedented transmission capacity and spectral efficiency in an optical communications field trial with a new modulation technique. The breakthrough research could extend the capability of optical networks to meet surging data traffic demands. In an optical communications field trial, Nokia Bell Labs, Deutsche Telekom T-Labs and the TU Munich showed that the […]
The European Union’s law enforcement agency, Europol, issued a warning today regarding the cybercrime threat landscape, particularly threats emanating from the so-called “Darknet.” Produced by Europol, the “2016 Internet Organized Crime Threat Assessment” report, outlines the biggest threats online. The annual report concluded that techniques that have normally been associated with cybercrime are now extending into other crime and threat areas, said Rob Wainwright, director of Europol. […]
FRANKFURT Europe’s biggest software maker SAP has earmarked 2 billion euros ($2.2 bln) for investments in products that help companies to connect everything from washing machines to cars to the Internet. The German company said it would invest that amount by the end of 2020, targeting what it estimates to be a 250 billion-euro market in the so-called Internet of Things (IoT), in which regular objects are […]
Sending a password or secret code over airborne radio waves like WiFi or Bluetooth means anyone can eavesdrop, making those transmissions vulnerable to hackers who can attempt to break the encrypted code. Now, University of Washington computer scientists and electrical engineers have devised a way to send secure passwords through the human body — using benign, low-frequency transmissions generated by fingerprint sensors and touchpads on consumer devices. […]
Tyrannosaurus rex and other large meat-eating theropods were the biggest baddies on the prehistoric block, and ornaments on their heads could help us figure out why. New research from North Carolina State University shows that theropod dinosaur species with bony crests, horns and knobs evolved to giant body sizes 20 times faster than those species lacking such embellishments. Additionally, the research shows that theropod dinosaurs most closely […]
|By Matein Khalid| The Federal Reserve did not disappoint the financial markets after Janet Yellen’s FOMC conference on Wednesday. The US central bank did not raise the overnight borrowing (or Fed Funds rate) to 0.5% on the eve of the November election. This triggered a wild rally in the US stock market with the Dow Jones up 163 points, gold up to $1342 and oil to $46 […]
|By Arabian Post Staff|The United Arab Emirates (UAE) has witnessed a 210.8% growth in the use of Chinese currency for payments in the last two years, data released by SWIFT has shown. More than 80% of the direct payments made between the UAE and China and Hong Kong in August 2016 were in CNY, representing one of the highest increases worldwide. Data also shows that the EMEA […]
|By Arabian Post Staff| OPEC members aren’t likely to reach a supply deal in Algiers next week, but an agreement to boost prices could be drawing closer after Saudi Arabia signaled for the first time in two years that it’s willing to cut production, Bloomberg reported. Saudi Arabia and Iran, whose rivalry thwarted a deal with other major producers in April, didn’t reach agreement after two days of […]
/Klaus Wille/Bloomberg/Singapore-based hedge funds outperformed Asian rivals during the first seven months of the year thanks to a greater focus on India and global markets, according to data provider Eurekahedge Pte. Funds headquartered in Singapore returned 2 percent through July, while Hong Kong-based funds declined an average 2.3 percent, Eurekahedge said in a report Tuesday. Funds based in Australia rose 1.9 percent, while Japan-based funds declined 2.5 […]
By PETER BAKER and RANA F. SWEIS September 20, 2016 AMMAN, Jordan — At the headquarters of the Muslim Brotherhood, Ali Abu al-Sukkar’s telephone would not stop ringing Tuesday. It was Election Day, the first time the Islamist organization had taken part after nearly a decade of boycotts, and Mr. Sukkar found himself in demand. The deputy secretary general of the Islamic Action Front, the brotherhood’s political wing, Mr. Sukkar listed the […]
By ERIC SCHMITT, MICHAEL R. GORDON and SOMINI SENGUPTA September 20, 2016 Russia was probably responsible for the deadly bombing of a United Nations humanitarian aid convoy in Syria, American officials said Tuesday, further shredding what remained of a severely weakened agreement between the United States and Russia aimed at halting the war. Aghast at the attack on Monday night, United Nations officials on Tuesday suspended all aid convoys in Syria, describing the […]
By MATTHEW ROSENBERG September 20, 2016 WASHINGTON — If there is a single link between the wars fought by the United States in the Middle East and Afghanistan, it is the long list of errant airstrikes carried out by American warplanes. Weddings, funerals, hospitals and friendly forces have been mistakenly attacked, with each strike prompting fresh outrage. While most of those killed have been civilians — in Afghanistan alone, […]
|By Arabian Post Staff| Platts, independent provider of information and benchmark prices for the commodities and energy markets, announced that it will publish independent, outright price assessments for a range of oil products for the Middle East market on a Free-On-Board Fujairah basis starting October 3, 2016. The new assessments are for gasoline, diesel/gasoil, jet fuel and fuel oil. They will be published alongside existing physical netback […]
Feeding babies egg and peanut may reduce their risk of developing an allergy to the foods, finds a new study. In the research, which is the largest analysis of evidence on the effect of feeding allergenic foods to babies, scientists from Imperial College London analysed data from 146 studies. In total the studies involved more than 200,000 children. The results suggest feeding children egg between the ages […]
For part 1 of this series, click here. Traffic on highway 65 was moderate and became heavy once we merged onto highway 10. Gone was the tranquility of the country side. We stopped to refuel north of Biloxi. The Maritime museum would have been a nice place to visit, but we were late in the day and they were likely closed. Besides, we wanted to make it […]
The Interpreter By MAX FISHER You could be forgiven, after five years of Syria’s war dominating front pages, for feeling lost. It is easy to track the war’s toll: It has killed 400,000 people, displaced millions, opened space for the Islamic State, and sucked in foreign powers, including the United States. It is harder to keep track of the how and why. The basics can seem even […]
