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Oil and chip shares retreat after Democratic victories // Anthropic to prohibit persistent abuse of Claude chatbot // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // ADIA and partners establish $1.4 billion aviation venture // Dubai boat show confirms international shipyard line-up for November // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // Meraas showcases five residential zones at Dubai Design Week // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Burying Head In “India Made Poverty Reduction” Data Is Dangerous // Cyberport Venture & Capital Forum 2026 Grand Opening // Pinarayi faults UDF over mounting road crashes // Hong Kong mandates crypto transaction disclosures to tax authorities // Democrats capture Senate majority with seven Republican seats // Emirates Group records AED 4.1 billion half-year profit // Middle East governments assess Iran war after US vote // APT29-linked campaign exploits outdated Apple and Android software // xCube Access Welcomes Entrust Capital Limited  Expanding Access to Professional Portfolio Management //

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/by Arabian Post Staff/The impact of the softening global economy continues to hamper the UAE’s office market as redundancies in the oil and gas, finance and banking sectors have stifled demand for office space across the emirates, according to leading international real estate consultancy Cluttons. Cluttons’ 2016 UAE Property Market Report, highlights the consultancy’s expectation for office market performance throughout the year and expects declines of close […]

By Se Young Lee | SEOUL SEOUL Samsung Electronics Co Ltd (005930.KS) will replace all Galaxy Note 7 smartphones equipped with fire-prone batteries and halt sales of the flagship product in 10 markets, a devastating blow for what had been a revival in the firm’s mobile business. Koh Dong-jin, head of the South Korean company’s smartphone business, spoke at a news conference jam-packed with reporters and cameras […]

Any Dropbox users who haven’t updated their passwords over the past four years should do so immediately because more than 68 million records from Dropbox accounts hacked in 2012 have now appeared online, the file sharing and online storage company said. First reported by Motherboard yesterday, the Dropbox files showing up online included both user email addresses and hashed passwords. The information appears to have stemmed from […]

ABU DHABI // Residents in the areas of Al Ruwais, Al Hamra, Ghayathi, Al Gheweifat and some internal western areas woke up to patches of fog on Monday morning. Humidity is expected to hover around 70 to 95 per cent in the interior and coastal areas on Monday and increase overnight boosting the chance for more visually-impairing mist and fog, especially over the western part of the […]

/By Matien Khalid/I have been bullish on emerging market debt as an asset class since last autumn. Even though the Chinese yuan devaluation was toxic, this asset class is up 12% in 2016, thanks to almost $5 billion in cash inflows. The tax amnesty in Indonesia, the political changes in Brazil after President Dilma’s impeachment, the election of a center-right pro-business government and $16 billion sovereign debt […]

ABU DHABI // Fish prices are expected to fall next month as the summer heat subsides after increasing by as much as 50 per cent over the past few months. Ali Al Mansouri, president of Abu Dhabi Fishermen Cooperative Society and the UAE Fishermen Cooperative Association, acknowledged the increased prices but said they would soon start to decrease. “Due to the summer heat the catch is very […]

In-depth review charts the scientific understanding of rainbows and highlights the many practical applications of this fascinating interaction between light, liquid and gas. There’s more to rainbows than meets the eye. Knowledge gained from studying these multicoloured arcs of scattered light can be incredibly useful in ways that may not immediately spring to mind. Rainbow effects can warn of chemical contamination in the atmosphere, help to develop […]

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By David Shepardson | WASHINGTON WASHINGTON Volkswagen AG has agreed to spend more than $1.2 billion to compensate its 650 U.S. dealers for their losses from the German automaker’s diesel emissions scandal, two sources briefed on the matter said on Thursday. The company and a lawyer for VW dealers announced a tentative settlement at a court hearing in San Francisco, but declined to disclose the amount. The […]

|ARABIAN POST SPECIAL| On April 13 this year, Emaar Properties disclosed to the Dubai Financial Market (DFM) that the company has agreed to take steps for a demerger of Emaar and Emaar MGF, the premier Dubai developer’s Indian joint venture. Beginning next week, the Arabian Post launches an investigative series on Emaar’s botched India experiment, which has cost the company billions in write-offs, embarrassing prosecution of the […]

Are you ready for a smartphone battery that lasts twice as long as your current one? According to researchers, that battery is coming. MIT News reported this week that a new kind of lithium battery is on the way to being commercialized. Called lithium metal batteries, they can reportedly pack the same energy as standard lithium-ion cells in half the size — or put twice as much […]

MOSCOW — Russia launched a fleet of bombers bound for Syria on Tuesday from an Iranian air base, becoming the first foreign military to operate from Iran’s soil since at least World War II. Russian use of the base, with Iran’s obvious support, appeared to set back or at least further complicate Russia’s troubled relations with the United States, which has been working with Russia over how […]

With the clock ticking toward Apple’s scheduled fall release of the iPhone 7, iOS 10, macOS Sierra and more, the rumor mill about new products and changes by the company is switching into high gear. Several outlets are reporting leaked images purporting to show the iPhone 7 Plus in new colors, including black and rose gold. There are also reports that Apple is in talks that could […]

UAE.  Based on a new report by The Boston Consulting Group (BCG) titled Self-Driving Vehicles, Robo-Taxis, and the Urban Mobility Revolution—and prepared in collaboration with the World Economic Forum—consumers around the world are surprisingly knowledgeable about Self-Driving Vehicles (SDVs) and their potential benefits, and, by and large, they are more than willing to give them a try. In fact, the study shows that 70% of  consumers in […]

KUWAIT.  On Aug 12, S&P Global Ratings affirmed its ‘AA/A-1+’ long- and short-term foreign and local currency sovereign credit ratings on Kuwait. The outlook is stable. The affirmation indicates that our ratings on Kuwait continue to be supported by the sovereign’s high levels of accumulated fiscal, external, and household wealth, despite the low oil price environment. The ratings are constrained by the concentrated nature of the economy […]

By ROD NORDLAND and ERIC SCHMITT August 13, 2016 CAIRO — American military drones monitored Islamic State militants loading up hundreds of cars, buses and trucks with fighters and civilians and fleeing the city of Manbij, Syria, on Friday, as Syrian rebels advanced and the extremists lost yet another stronghold. On Wednesday, the Libyan city of Surt, held by the Islamic State for more than a year, also fell to pro-government […]

A federal appeals court yesterday ruled that the Federal Communications Commission (FCC) overstepped its bounds when it issued an order to preempt state rules limiting the development of municipal broadband networks in Tennessee and North Carolina. The decision was welcomed by the telecom industry, which has in some places fought against city-led efforts to expand broadband services to more people. Supporters of local broadband expressed disappointment and […]

Bomb-blasted roads, frequent blackouts, shortages of basic equipment and an untested consumer market are hardly conditions that make for natural entrepreneurial opportunities. But three Army veterans and one civilian who all served in Afghanistan have taken on those challenges in their new venture. Their company, Rumi Spice, buys saffron from Afghan farmers and sells it to international customers. Their business is part of a small crop of […]

UAE.  [ME NewsWire] –The latest Global Economic Conditions Survey (GECS) from ACCA and IMA, suggested positive signs for businesses in the GCC but a stark forewarning of how the shock of Brexit will hit a fragile recovery in global business confidence. Responding to the findings, Lindsay Degouve de Nuncques, head of ACCA Middle East said: “It is encouraging to see that our members’ business confidence has improved […]

The fate of billions of dollars in investments in Turkish bonds hangs in the balance as Moody’s Investors Service prepares to reveal whether it’s handing the country a second junk rating on its debt. Moody’s, which put Turkey on review for a downgrade immediately after a failed military plot to oust the government last month, currently ranks the nation’s debt at Baa3, its lowest rung within investment […]

Online business software provider Zoho has come out with new offerings for multichannel commmunication and marketing-focused email management. The tools are designed to help companies build better relationships with customers who communicate with them in a wide variety of ways. Released last week, the latest version of Zoho’s software for customer relationship management (CRM) features what the company said is the first email client designed specifically for […]

UAE. Project activity in the UAE is forecast to recover in 2017 after a difficult 2016 on the back of a strong recovery in economic growth, according to a new report from Middle East business intelligence service MEED. MEED’s annual UAE Outlook Report for 2016 says that a recovery in oil prices combined with growing public and private sector activity boosted by Dubai’s preparations for the Expo […]

SolarCity Corp (SCTY.O) agreed to Tesla Motors Inc’s (TSLA.O) $2.6 billion offer to buy the solar panel installer, the companies said on Monday, clearing one obstacle in the way of Elon Musk’s ambitious plans for a carbon-free energy and transportation company. Tesla’s offer represented about half of SolarCity’s value a year ago, a tumble reflecting the solar company’s slowing growth, complex financial structure and the increased scrutiny […]

|By Arabian Post Staff| Dubai’s private developer engaged in developing shopping malls, hotels and mixed use communities says Dubai is well on the way to a strong market recovery. Robert Welanetz, Chief Executive Officer of Majid Al Futtaim – Properties, believes Dubai’s position as a world-class business and investment hub will drive the real estate revival. “We expect the ‘soft’ retail market will continue through the end […]

INTERNATIONAL.  – Higher GDP per capita alone does not determine real quality of life. This is according to the Social Progress Index (SPI) 2016 published recently by US-based nonprofit, the Social Progress Imperative. The Index ranks Finland the world’s most socially progressive country, Canada in second place tops the G7 nations. Economic growth is not the sole determinant of quality of life The 2016 Index finds that whist […]

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Just in:
Cyberport Venture & Capital Forum 2026 Grand Opening // SC to examine students’ exam plea today // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // UK air traffic outage inflicted £33m financial losses // Middle East governments assess Iran war after US vote // Cloudflare unveils Zero Wire vulnerability intelligence service // xCube Access Welcomes Entrust Capital Limited  Expanding Access to Professional Portfolio Management // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // Govt opposes Arlekar’s PSC action // Emirates Group records AED 4.1 billion half-year profit // As AI Reshapes Education, Singapore Convenes Global Dialogue on the Future of Early Childhood Education // Burying Head In “India Made Poverty Reduction” Data Is Dangerous // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // Oil and chip shares retreat after Democratic victories // Hong Kong mandates crypto transaction disclosures to tax authorities // APT29-linked campaign exploits outdated Apple and Android software // OpenAI identifies 948 Linux privilege escalation flaws using AI //