|By Matein Khalid| Donald Trump’s shock win will have a profound impact on the GCC economic constellation via multiple feedback loops. His economic policies mean a much higher US dollar, anathema to GCC economies since it correlates with stock/property market crashes, banking stress and oil slumps. This is the macroeconomic linkage due to the GCC US dollar peg whose lessons the region learnt the hard way in […]
By Paul Sandle | LONDON LONDON Google delivered a vote of confidence in London’s future as a technological hub after the Brexit vote on Tuesday by announcing plans for a new building in the King’s Cross area of the city that will house thousands of extra engineers. Google’s Chief Executive Sundar Pichai said computer science had a great future in Britain, citing the talent pool, educational institutions, […]
Sweden’s Riksbank is debating whether to become the first significant central bank to issue a digital currency as it responds to an increasing move away from cash in the Scandinavian country. The world’s oldest central bank — it was the first to issue paper banknotes in the 1660s — is launching a project to examine what a central bank-backed digital currency would look like and what challenges […]
Three global trends are reshaping GCC travel distribution business models and threaten to weaken the connection between airlines and customers Rise of digital technologies risks weakening connection between airlines and customers In the Middle East, there is growing internet penetration, with a rapid rise in the use of mobile – around 15% of internet users use only mobile for access By getting closer to […]
Political advertising may get more attention but with Election Day hours away, a liberal super PAC is betting direct outreach to voters is actually more effective. For Our Future has “a goal of 8,093,518 knocks by Election Day,” according to its most recent publicly posted strategy memo. The group was formed last June and supports Democratic presidential nominee Hillary Clinton and Democratic candidates for Congress, including U.S. […]
ABU DHABI // Customers covered by the national insurer Daman will soon be able to use their Emirates ID card for healthcare services. Daman is merging customer data with that stored on Emirates ID cards, a process that will be completed next year but is already being provided to customers as their data is merged. Those not yet able to use their ID for health care can […]
The Nintendo Switch 2017 Presentation on Jan. 12, in which more details regarding the upcoming hybrid console will be revealed, is still several weeks away. While waiting for more information to be released by Nintendo regarding the Nintendo Switch, rumors and speculations are running rampant for the details that are still unknown for the device. Garnering perhaps the most amount of speculation among the unknown specifics of the […]
Watch 9 Minutes of Star Trek Beyond Scotty is isolated from the rest of his crew, but meets the mysterious Jaylah on the planet Altamid. HOME Videos Scotty is isolated from the rest of his crew, but meets the mysterious Jaylah on the planet Altamid. Star Trek Beyond is available on Digital now and 4K Ultra HD™, Blu-ray™, Blu-ray 3D™ and DVD on 21st November in […]
The PlayStation 4 Pro launched on Thursday, a significant graphical bump over its predecessor, PlayStation 4. Call of Duty: Infinite Warfare is one of the many games poised to take advantage of its 4K capability this early, and its performance has now been put to the test. Despite veering slightly off-center from its past iterations, COD: Infinite Warfare is still, at its core, a Call of Duty game, retaining the bulk of […]
Abu Dhabi, November 14, 2016: Abu Dhabi Islamic Bank (ADIB) and Thomson Reuters announced today the winners of the 4th edition of the Ethical Finance Innovation and Challenge Awards (EFICA). Tirad Al Mahmoud, Chief Executive Officer of Abu Dhabi Islamic Bank (ADIB) presented The EFICA Lifetime Achievement Award to the former governor of Malaysia’s Central Bank, Dr Zeti Akhtar Aziz for her pivotal role in developing the […]
Following successful launch and implementation of Invest Easy portal developed by multinational full-service strategic change and technology company Nortal, Oman made an unprecedented leap in the Ease of Doing Business Ranking of World Bank’s annual Doing Business 2017 report, jumping 127 places in category ‘Starting a Business’ compared to previous year. 14 November 2016 According to Peeter Smitt, Middle East region Managing Director at Nortal, the record […]
Three-dimensional printing may still seem more like science fiction than real-life science, but its use in the medical world is booming, with the number of 3-D printers doubling year-on-year. Traditional prosthetic hands, for instance, can cost anywhere from US$6,000 to $40,000 (Dh22,000 to Dh146,900), but 3-D printing is allowing volunteer groups such as the global, web-based Enable Community Foundation in the United States to offer their bionic […]
|By Arabian Post Staff|New solutions to meet future needs and diversify the options are being integrated into the the e-Dirham system, top officials involved in the development of a national alternative to cash payment for government services in the UAE indicated. Government revenues from the e-Dirham system during the first nine months of this year stood at AED 5.8 billion. The number of e-Dirham transactions rose by […]
|By Arabian Post Staff|The GCC has the potential to become the world’s fastest growing e-commerce playground, according to A. T. Kearney’s ‘Getting in on the GCC E-commerce Game’ report. Despite strong economic fundamentals, the GCC is one of the most underpenetrated e-commerce markets in the world. However, with high levels of disposal income, world-leading internet and smartphone penetration, and changing consumer preferences, there is robust potential in […]
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 […]
newslide Stan Lee’s company launches new Indian superhero Comic book legend Stan Lee’s POW! Entertainment and Graphic India, an entertainment company, have come out with Mighty Girl, a new female superhero for India. The new Chakra The Invincible and Mighty Girl comics were unveiled on Saturday at the Bengaluru Comic Con. The comic was also done in collaboration with Unicef’s ‘World’s Largest Lesson’ initiative, supported by GEMS […]
Yahoo detected evidence that a hacker had broken into its computer network at least 18 months before launching an investigation that discovered personal information had been stolen from about 500 million user accounts. The timeline outlined in a regulatory filing raises further questions about why it took Yahoo so long to realize the severity of its security breakdown. It also could provide Verizon Communications with reason to […]
UAE. Middle East businesses embracing digital transformations in order to gain business advantage and drive innovation are being warned to place digital trust and cyber security at the heart of such change. The advice has been issued by two new senior experts in IT, digital transformation and cyber security appointed by PA Consulting Group Middle East and North Africa as part of an aggressive recruitment phase to […]
Print newspapers may be disappearing like the home telephone, but not after Election Day. Remembering the frenzy for old-fashioned papers the morning after Barack Obama’s historic win in 2008, newspapers are printing extra copies and setting up temporary retail stands this year, regardless of whether the nation elects the first woman or reality TV star as president. The Los Angeles Times is also selling a commemorative printing-press […]
INTERNATIONAL. Nine out of 10 banking professionals surveyed at large U.S., European and Canadian commercial banks said their company is currently exploring the use of blockchain technology for payments, according to a new report from Accenture (NYSE: ACN). The initiatives are designed to reduce costs, speed payments, reduce errors and drive new revenues. The report – Blockchain Technology: How banks are building a real-time global payment network – […]
ABU DHABI // Sheikh Mohammed bin Zayed welcomed Prince Charles and Camilla in Al Ain to celebrate a year-long collaboration between the UAE and the UK in the arts. The UK-UAE Year of Cultural Collaboration was launched at Al Jahili Fort under the patronage of Sheikh Mohammed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, and the Prince of Wales. The evening […]
The University of Birmingham has delivered an interactive digital version of what is very likely the world’s oldest surviving fragment of the Quran to the UAE. It is the first time that this version, which offers the touch sensitivity of a tablet and has become known as the Birmingham Quran, has been seen outside of the UK. Two versions will form permanent centrepieces of next year’s UK-UAE […]
By Marcin Goettig | WARSAW WARSAW Poland’s digital economy minister accused Facebook FN.O of censorship on Monday after the company suspended some users’ profiles for using a little-known far-right symbol. The Falanga symbol, depicting a stylised hand holding a sword, was used by a banned radical nationalist group in the 1930s but is legal in Poland and other countries. It now serves as the logo of a […]
The next flagship phone from Samsung, the Galaxy S8, is expected to arrive early next year with a major new feature: a built-in intelligent digital assistant. The artificial intelligence will be made possible by Samsung’s acquisition of Viv Labs, which was announced last month. Founded by two of the creators of Siri, Apple’s signature digital assistant, Viv Labs said its technology represents a “new paradigm” for how […]
