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The discussion underlined the effects that emerging technologies are having on the way the world consumes news, as well as on media’s reach and influence Dubai, November 13, 2016  A session titled “The Next Media Revolution” was held on the sidelines of the inaugural Annual Meeting of The Global Future Councils 2016, taking place in Dubai’s Madinat Jumeirah today (Sunday, November 13, 2016). The discussion underlined the […]

Photo Members of the Iraqi police tried to pull a body from a mass grave discovered in Hamam al-Alil on Monday. Credit Ahmad Al-Rubaye/Agence France-Presse — Getty Images GENEVA — Islamic State militants have summarily killed scores of civilians in the Iraqi city of Mosul in recent days, sometimes using children as executioners, and have used chemical agents against Iraqi and Kurdish troops, United Nations officials said […]

Nearly 25 years after they first conquered the White House and captured the commanding heights of the Democratic party, the Clinton family crashed to earth on Wednesday, shattering the ambitions of Hillary Clinton and her clan of fiercely loyal operatives. But as they come to terms with their rout some Democrats see a glimmer of hope, and a badly needed chance to rebuild a party that can […]

The post-election rally that has reshaped global financial markets cooled off Friday, at the end of a week in which investors quickly adjusted to a president-elect who has promised to step up government spending and slash business regulation. The S&P 500 dipped 0.1 per cent on Friday in New York, while the Eurofirst 300 fell 0.6 per cent, paring back this week’s gains. The rapid change in […]

ABU DHABI, UAE 13 November 2016  Aldar Properties PJSC (‘Aldar’), Abu Dhabi’s leading listed property development, investment and management company, has awarded the early works contract for the first phase of Mayan, a luxury residential development located on Yas Island, to Dutch Foundation & Concrete Rehabilitation Company WLL. The AED 30 million contract provides for shoring, piling and earthworks for Mayan’s 512 luxury apartments which are spread […]

NIA to increase aim to increase GREE’s market share to 20 per cent with sales of 175,000 units in the UAE Dubai, United Arab Emirates (November 13, 2016) NIA Limited, a Dubai-based enterprise dealing in Home Appliances and HVAC solutions, has opened a sprawling new headquarters in Jebel Ali Free Zone area. The brand new facility will function as the design, marketing and logistics centre for the […]

The expansion will involve additional lines, new machineries, equipment and new laboratory for Research and Development Major expansion plan set to triple manufacturer’s production capacity in 2017 years November 13, 2016 Rubber World Industries (RWI), the leading manufacturer of closed-cell rubber insulation ‘Gulf-O-flex’ in the Gulf and South East Asia and part of the international business conglomerate, the Shaikhani Group of Companies, announced that it is […]

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The Apple AirPods release date may not be as close as some would hope, as analysts believe the wireless earphones may not hit the market this year after all. Apple was supposed to launch its AirPods in October, but said it needed more time to perfect the product before bringing it to market. The company did not specify just how much more time it needed to smoothen things […]

Photo A member of the Syrian Democratic Forces, a United States-backed Kurdish-Arab alliance, inside Syria. Credit Delil Souleiman/Agence France-Presse — Getty Images WASHINGTON — President-elect Donald J. Trump said Friday that he was likely to abandon the American effort to support “moderate” opposition groups in Syria who are battling the government of President Bashar al-Assad, saying “we have no idea who these people are.” In an interview […]

DUBAI // About 2,300 children from 30 countries – including 900 youngsters from the emirates – took part in a mental arithmetic challenge on Friday at Hamdan Sports Complex in Dubai. The UCMAS International and 13th National Abacus and Mental Arithmetic Competition was the first time the competition was held in the Middle East, demanding all sorts of mental gymnastics from children as young as four. Universal […]

What the heck is a ­Haval? I can already hear you asking the question before I have even begun my spiel. I don’t blame you, because the marque was a mystery to me, too, before testing the H8 Luxury. I had barely laid eyes on a Haval, much less driven one. So let’s establish its credentials before going any further. Haval was created in 2006 as a […]

By Sumanta Dey | BENGALURU BENGALURU After Donald Trump’s unexpected victory in the U.S. presidential election, investors may refocus in the coming week on the health of the world economy and any signs that years of rock-bottom interest rates and fiscal austerity are coming to an end. Trump’s victory poses a major challenge to the conventional wisdom on the global economy, which for years has relied on […]

Warren Buffett has thrown his weight behind scandal-hit Wells Fargo, saying it is “a great bank that made a terrible mistake” whose new chief executive Tim Sloan is “exactly right” for the top job. Breaking his months-long silence on the debacle, the head of Berkshire Hathaway, the bank’s biggest shareholder, confirmed he has not sold any shares after the scandal erupted over sales practices. The famed investor […]

By Heather Somerville | SAN FRANCISCO SAN FRANCISCO The fledgling drone industry is in the throes of change as weak consumer demand and falling prices drive startups to shift their focus to specialized business applications. 3D Robotics – an early drone startup that raised more than$125 million from investors – has seen its consumer business all but crash. This week, it unveiled a new commercial strategy, announcing […]

Iran, which has said it’s exempt from OPEC’s accord to cut production, told the group it raised output by the most since international sanctions were lifted. Iraq, unwilling to curb its supplies, reported a higher level than OPEC’s estimates. Freed from curbs on its oil trade in January, Iran said it increased output by 210,000 barrels a day to 3.92 million a day in October from the […]

Just like the bulk of political pundits and mainstream media commentators, opportunistic internet entrepreneurs were caught off guard by the shock result of Tuesday’s United States presidential election. The day after Donald Trump became the 45th president of the United States it was still possible to find “Don’t blame me, I voted for Trump” T-shirts and hoodies online. But the full story of the shock sustained by […]

With retailers like Best Buy and GameStop not offering preorders for Nintendo’s NES Classic console, the battle to find one on its November 11 launch day has become all the more competitive. Many gamers are looking to Amazon for a chance to snag one of the retro consoles, and now we have more details on exactly when the machines will go on sale. Go ahead and set […]

ABU DHABI // Mass extinction of species, how to boost economic growth without harming the planet and the effects of mass agriculture are all issues to be addressed at the Cop 22 summit. The meeting in Morocco, which began this week, follows last year’s Paris Agreement, where 196 countries committed to reducing global warming to less than 2°C. One of the major discussion points is that the […]

By Catherine Cadell | SHENZHEN, China SHENZHEN, China Chinese e-commerce giant Alibaba Group Holding Ltd said it racked up more than $5 billion in transactions in the first hour of its annual ‘Singles’ Day’ sales blitz on Friday – a third more than in the first hour of last year’s spree. The 24-hour event held annually on Nov. 11 offers a benchmark for Alibaba’s performance and an […]

By Makiko Yamazaki | TOKYO TOKYO Japanese conglomerate Toshiba Corp swung to an operating profit in the July-September quarter, driven by strong demand for NAND flash memory chips from Chinese smartphone makers. That boom in demand has been a blessing for Toshiba, which is seeking to recover from a $1.3 billion accounting scandal by turning itself into a company more focused on chips, nuclear energy and social […]

Saudi business magnate Prince Alwaleed bin Talal on Thursday put aside his bitter clash with Donald Trump and embraced the Republican U.S. president-elect, saying he was heartened by reports that Trump had appeared to delete online references to his proposed ban on Muslims. Prince Alwaleed, in a wide-ranging telephone interview on CNBC, said he planned to meet Trump in the United States soon. “I have no problem […]

Emirates and the Gulf’s two other major airlines are likely to get pride of place at Frankfurt airport’s new terminal, allowing them to offer bigger premium-class lounges to compete more aggressively with local rival Deutsche Lufthansa AG. Frankfurt’s Terminal 3 will probably house Qatar Airways and Etihad Airways PJSC of Abu Dhabi, as well as Dubai-based Emirates, the world’s biggest carrier on international routes, Matthias Zieschang, chief […]

London-based gold dealer Sharps Pixley Ltd. is running out of bars and coins as buying surges after Donald Trump won the U.S. presidency. The company’s store, a short walk from Buckingham Palace, has arranged emergency imports of Britannia coins and kilogram (2.2 pound) bars to meet demand. The frenzy began on its website overnight and continued in store this morning, Chief Executive Officer Ross Norman said by […]

|By Arabian Post Staff|Donald Trump’s election as American President is expected to further complicate OPEC’s efforts to strike a deal for output freeze. OPEC was already struggling to finalize a deal and with Trump, it has become all the more difficult. In fact, Trump’s surprise victory threatens to deepen a market sell-off, according to UBS Group AG. Yet the uncertainty arising from the President-Elect’s policies — from […]

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