The UAE and Serbia have announced moves to increase trade links, with a focus on the tourism, agriculture, construction sectors. Ways of expanding economic relations and co-operation in key sectors were at the centre of talks held on Monday by officials from the two countries in Abu Dhabi, news agency WAM reported. Abdullah Al Saleh, Under-Secretary for Foreign Trade and Industry at the UAE Ministry of Economy, […]
In June, speaking at a former steelworks in western Pennsylvania that now processes scrap aluminium, Donald Trump promised a bright future for US steel if he became president. “It will be American steel that will fortify American’s crumbling bridges. It will be American steel that sends our skyscrapers soaring into the sky,” he said. “We are going to put American-produced steel back into the backbone of our […]
It is possible to combine the high-energy density of batteries with the high-power output of super capacitors in a single system, thanks to liquid energy storage materials, report scientists. (via WSJ)
US technology shares faced one of their worst weeks of 2016 as investors shifted their focus to equities that will benefit from the soaring price of oil and the policies of the Trump administration. The S&P 500 technology index, a measure of large companies in the sector, has declined 3 per cent since Friday last week. The fall represents the steepest drop since late April, when Apple […]
Opec’s production cut this week to bolster oil prices may strike many as a throwback to an earlier era, but it hinged on a very modern method of communication: a messaging group between the smartphones of Saudi Arabia’s delegation in Vienna and Prince Mohammed bin Salman al-Saud. For a royal priding himself on being a tech savvy moderniser in the kingdom, the use of a popular encrypted messaging service may […]
BEIJING At least 38 people have died in two separate coal mine disasters in China in the last five days, state media said, the latest accidents in a country with a poor record of industrial safety. In the first incident, authorities confirmed on Friday night that 21 people died after a coal mine blast in the northeastern province of Heilongjiang, the official Xinhua news agency said. It […]
Successful SMEs set to become part of the supply chain for Qatar Shell and Pearl GTL 03 December 2016 Doha: As part of a nationwide strategy to support Qatari small and medium-sized enterprises (SMEs), Qatar Development Bank (QDB) and Qatar Shell will award contracts for five business opportunities; four will be awarded at a special ceremony on 5th December, and a fifth contract will be signed and announced […]
Günter Grass died last year, just months before the German publication of his final book. Of All That Ends was neither a late novel nor another overdue confession but, fittingly, a series of absorbing meditations on growing old, looking back and preparing to move on. Grass’s swansong now appears in English (superbly translated by Breon Mitchell), enabling a wider audience to marvel at a unique talent reflecting […]
Researchers have developed a new method for producing hydrogen, which is fast, irreversible, and takes place at much lower temperature using less energy. This innovation is expected to contribute to the spread of fuel cell systems for automobiles and homes. (via WSJ)
Frequent tornadoes and thunderstorms that kill people and destroy property have become a matter of grave concern. In the United States alone, the insured losses caused by severe thunderstorms have been put at $8.5 billion from the period between January to June 2016. A new study has tried a linkage between climate change and the increasing incidents of tornadoes. Calling for a deeper study on some meteorological factors, […]
Private equity firm Gulf Capital plans to sell some of its investments towards the end of 2017 and early 2018 as market sentiment and the regional economy improve, its chief executive told Reuters. Karim El Solh declined to say which stakes the Abu Dhabi-based company, one of the biggest private equity firms in the region, was considering offloading but said that they would be appealing to global […]
A worker holds part of a pair of trousers at PT Trisula Garmindo Manufacturing in Bandung, West Java province September 17, 2013. In PT Trisula International’s hangar-sized factory outside the western Indonesian city of Bandung, hundreds of workers stitch together clothes for some of the world’s top brands. Amid the clatter and hum of their machines are hopes for a renaissance that can restore Indonesia’s place among […]
By Parisa Hafezi | ANKARA ANKARA Iran threatened on Friday to retaliate against a U.S. Senate vote to extend the Iran Sanctions Act (ISA) for 10 years, saying it violated last year’s deal with six major powers that curbed its nuclear programme. The ISA was first adopted in 1996 to punish investments in Iran’s energy industry and deter its alleged pursuit of nuclear weapons. The extension was […]
Eight new rural solar energy projects are now operational across the Islamic Republic of Mauritania in western North Africa, doubling the UAE’s total contribution to the country’s clean energy capacity to 31.6 megawatts (MW). Delivered by Masdar, the Abu Dhabi clean energy company, the 16.6MW of additional solar power will supply up to 30 percent of the electricity demand of the remote communities of Boutilimit, Aleg, Aioune, […]
By Terray Sylvester and Alicia Underlee Nelson | CANNON BALL/WEST FARGO, N.D. CANNON BALL/WEST FARGO, N.D. More than 2,000 U.S. military veterans are expected to join a protest at a camp in North Dakota on Friday where thousands of activists, braving frigid conditions, are demonstrating against a pipeline project near a Native American reservation. Veterans Stand for Standing Rock will spend the day building a barracks at […]
In late July, Moussa Aksar, the director of Niger’s L’Évènement newspaper, answered his phone and heard a familiar voice warning him that he was, once again, in danger. “Be careful,” a friendly source told Aksar. “Look out for yourself and be careful what you say on the phone.” Aksar had just published Niger’s first exposé from the Panama Papers, the investigation based on a leak of documents […]
Islamic banks are gradually embracing socially responsible finance, from renewable energy to microfinance efforts, helping unlock new funding sources for environmentally-friendly projects, an industry survey shows. The two sectors have developed separately from each other, but green projects could benefit from tapping Islamic banks in countries like the United Arab Emirates and Malaysia, where they now hold a quarter of total banking assets. Around two-thirds of financing […]
US technology shares are on track to log their worst week in seven months as investors shifted their focus to equities that will benefit from the soaring price of oil and the policies of the Trump administration. The S&P 500 technology index, a measure of large companies in the sector, has declined by 3.3 per cent since last Friday. The fall would represent the steepest drop since […]
Fully operational since July, Electrochaea’s one-megawatt BioCat facility near Copenhagen converts excess electrical power from wind turbines and waste CO2 from the neighboring water treatment plant into methane for the natural-gas grid. Credit: Ronnie Ranch Hedegaard, courtesy of Electrochaea One of the biggest challenges to wider adoption of wind and solar power is how to store the excess energy they often produce. A technology developed at the […]
|By Arabian Post Staff| Reporters have faced consequences both in nations where media crackdowns are common and also in nations with reputations for high levels of press freedom In late July, Moussa Aksar, the director of Niger’s L’Évènement newspaper, answered his phone and heard a familiar voice warning him that he was, once again, in danger. “Be careful,” a friendly source told Aksar. “Look out for yourself and be careful […]
Russian President Vladmir Putin played a crucial role in helping OPEC rivals Iran and Saudi Arabia set aside differences to forge the cartel’s first deal with non-OPEC Russia in 15 years. Interventions ahead of Wednesday’s OPEC meeting came at key moments from Putin, Saudi Deputy Crown Prince Mohammed bin Salman and Iran’s Supreme Leader Ayatollah Ali Khamenei and President Hassan Rouhani, OPEC and non-OPEC sources said. Putin’s […]
NEW YORK A sharp decline in technology stocks pulled both the Nasdaq and the S&P 500 indexes into the red on Thursday, while gains in bank and energy shares helped push the Dow to a record high close. Based on the latest available data, the Dow Jones industrial average .DJI was up 68.49 points, or 0.36 percent, to 19,192.07, the S&P 500 .SPX had lost 7.72 points, […]
Saudi Arabia’s aviation agency was attacked last month by an aggressive computer virus intended to disrupt high-profile government targets, officials and experts said on Thursday. The attack, which experts say emanated from outside the country, used a version of Shamoon, malware used to target the Saudi energy sector four years ago. Similar kinds of data-clearing software were used in 2014 against the Las Vegas Sands and Sony. […]
Now the hard work begins. The supply agreement agreed by Opec on Wednesday sent oil prices soaring above $50 a barrel but there are many reasons for caution, not least in making sure no one cheats and producers from outside the cartel also contribute. While the deal looks straightforward, it is anything but and the devil is in the detail. The conference documents released on Wednesday evening […]
