For business people, AI presents a variety of challenges. On a technology level, artificial intelligence and machine learning is complicated to develop and demands rich data sets to produce meaningful results. From a business perspective, many business leaders have difficulty figuring out where to apply AI and even how to start the machine intelligence journey. Making matters worse, the constant drumbeat of AI hype from every technology […]
Saudi Arabia and Oman will lead the GCC’s multi-billion dollar investments in cultural tourism, with a series of projects to develop new world-class attractions, according to a new report. The research, compiled by Colliers International, said Saudi Arabia is ready to invest up to $2 billion – one of the highest commitments of any government to cultural tourism in the region – with a number of projects […]
With president Trump optimistic, but already laying plans for a possible government shutdown – which incidentally would take place on the symbolic 100th day of Trump’s administration, incentivizing Democrats to be especially confrontational – White House budget director Mick Mulvaney tried to talk down concerns of an imminent government closure, and said talks between Republicans and Democrats in Congress could reach an agreement to avoid a government […]
By Michelle Martin | COLOGNE, Germany COLOGNE, Germany The anti-immigrant Alternative for Germany (AfD) party on Sunday chose a tough-talking former member of Chancellor Angela Merkel’s conservatives and an economist to lead its campaign for a September election in a line-up likely to drag the group further right. The party had stolen voters from Merkel during the migrant crisis but now looks less of a threat on […]
23 April 2017 Cairo, Egypt – Six of October Development & Investment Company “SODIC” closed the first quarter with EGP 1.2 billion net contracted sales booked, showing a strong start for the year 2017. Net contracted sales grew by a solid 64% during the first quarter on the back of three launches with EGP 1.7 billion worth of inventory introduced in February and March of 2017. The […]
newslide James Cameron confirms Avatar sequels coming in 2020 James Cameron has set the release dates for the next four Avatar sequels, with the first coming in 2020. The movie’s Facebook page posted a photo of Cameron and his massive film crew, who have been working on all four films simultaneously. The post said Avatar 2 will hit theaters December 18, 2020, and Avatar 3 comes a […]
DUBAI // Owners of electric vehicles are having a hard time finding a place to charge their vehicles’ fuel cells despite the UAE’s growing network of charging stations. With a big push towards green initiatives, some drivers who adopt new technology feel they are getting a raw deal from motorists in conventional vehicles. “I bought a Tesla because it’s good for the environment,” said Mohammed Al Huraimel, […]
Dubai’s apparel and footwear market, valued at $11.5 billion in 2016, accounted for the largest share of the emirate’s retail sector, according to new analysis. The report, released by the Dubai Chamber of Commerce and Industry during the 11th World Retail Congress, found that apparel leads the category with 73 percent market share. This was followed by footwear (18 percent) and sportswear (9 percent). The report said […]
LONDON Britain’s Theresa May appeared on course to win a crushing election victory in June after opinion polls put support for her ruling Conservative party at around 50 percent, double that of the opposition Labour party. May’s decision to call a June 8 election stunned her political rivals this week and a string of polls released late on Saturday suggested the gamble had paid off, with one […]
The weekly EIA report showed a surprise rise in gasoline inventories and a further rise in oil production, which rattled oil bulls. Image: Shutterstock 22 April 2017 Big commodity swings have been witnessed during the past month, not least in the farm sector where bloated global stocks and the prospect of another bumper year — weather permitting — have led to heavy selling by hedge funds […]
Oman’s new low-cost carrier, SalamAir, has announced the launch of flights to Saudi Arabia with plans to also start services to Pakistan. Flights to Saudi Arabia started this week with return ticket prices starting at OR89, with Oman’s first budget airline flying daily to Jeddah’s King Abdulaziz International Airport. The carrier said in a statement that it also plans to start operations to the Saudi holy city […]
“Thousands of new doors opened and rents soared. This created a bubble, and like housing, that bubble has now burst.” – Richard Hayne, Urban Outfitters CEO, March 2017 The devastation in the US retail sector is accelerating in 2017, and in addition to the surging number of brick and mortar retail bankruptcies, it is perhaps nowhere more obvious than in the soaring number of store closures. […]
By Brian Ellsworth | CARACAS CARACAS Venezuela’s opposition prepared to march in silence on Saturday to honor a dozen people killed in three weeks of protests demanding that the government of President Nicolas Maduro hold delayed elections and address a growing economic crisis. Twelve people have been killed in a renewed wave of demonstrations this month in incidents primarily involving security forces or armed civilians. Another eight […]
After sitting through a course in table manners last week, I’m confident I have previously ruined many chances to impress at formal dinners simply because I did not sit down properly or forgot to place my napkin to the left of the plate when I was ready to leave the table. Participants at the Dining Like A Diplomat workshop, organised by the Protocol School of Washington in […]
Waymo, the self-driving vehicle arm of Alphabet, renewed its legal attack on Uber on Friday as it claimed the car-hailing company had failed to disclose a key component it had built using Waymo’s intellectual property. The claim came as the Silicon Valley rivals head for a May 3 showdown, when a judge in San Francisco will decide whether to back Waymo’s demand for an injunction that could […]
Challenging market conditions have led to flexible and revised approaches from landlords across Muscat in an effort to entice prospective tenants, according to real estate consultancy Cluttons. The Cluttons Muscat Spring 2017 Property Market Outlook has identified an increasing flexibility of finance terms, as landlords work to ensure high occupancy rates at a time of weaker demand across the real estate market. It said subdued economic activity […]
Only a minority of the world’s pipelines can be cleaned with pigs like this one. Image: Getty Images/iStockphoto Around one-third of the world’s gas pipelines can be inspected using ‘pipeline pigs’. These cylindrical devices have figured in three James Bond movies, in one case being modified to secretly transport a person across borders. Back in the real world, the problem is that the other two-thirds of the […]
Credit: CC0 Public Domain Will a robot take away my job? Many people ask that question, yet policymakers don’t have the kind of information they need to answer it intelligently, say the authors of a new study from the National Academies of Sciences, Engineering and Medicine (NASEM). “Policymakers are flying blind into what has been called the fourth industrial revolution,” said Tom M. Mitchell, the E. Fredkin […]
The Power Transmission and Distribution Business of L&T Construction has won its single largest order in the Middle East from the Qatar General Electricity & Water Corporation, also known as Kahramaa. The order relates to Kahramaa’s ongoing electricity transmission network expansion plan which aims to meet the ever-increasing demand for power in the Gulf state. The $817 million order will involve the engineering, procurement and construction of […]
American Airlines has suspended an employee after a video showed an altercation on one of its planes involving crew, several passengers and a crying woman carrying a young child. An American Airlines employee violently took a stroller from the woman, hitting her with it and just missing her child, Facebook user Surain Adyanthaya said in a post accompanying the video he put on the site on Friday. […]
Emirates has announced that it will introduce a second daily service to the island of Bali in Indonesia on July 2. The new service will be added to meet the growing demand for travel to and from Bali, offering travellers more convenience and connectivity options, the Dubai-based airline said in a statement. The second daily flight will be operated by a Boeing 777-300ER aircraft in a two-class […]
Two pillars — Trump and China — have supported a bounteous few months for global portfolio investors. But the hope invested in both is starting to fade, casting a bearish tinge over what nevertheless remains a largely optimistic picture. In the case of Donald Trump, expectations that the US president would act swiftly to push though tax reforms, deregulation and bold infrastructure investments are starting to ebb […]
After a surly first conversation between the two leaders in January that rattled the United States and Australia’s long-standing alliance, Pence will take a more amiable approach and try to focus on cooperation on trade, defence and more. Trump reportedly exploded and cut short the call when he was told about a deal to move some refugees from Australia to America. That left some in Australia questioning […]
Honeywell International Inc (HON.N) said on Friday its commercial aviation after-sales business was benefiting from robust air travel, while its energy division was getting a lift from stable oil prices, sending shares to a record high. The diversified U.S. manufacturer’s shares rose as much as 3.6 percent to $128.30 in afternoon trading. Honeywell, which made an unsuccessful bid for rival United Technologies Inc (UTX.N) last year, also […]
