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Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction Vision for Gasoline-Powered Vehicles // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Meraas showcases five residential zones at Dubai Design Week // Oil advances towards $100 as tanker attacks persist // Emaar approves Development buyout ahead of planned delisting // UK air traffic outage inflicted £33m financial losses // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // TVM –Mangaluru Vande Bharat claims top spot // Millions Of Indians May Soon Be Deprived Of Government Assistance // Hong Kong mandates crypto transaction disclosures to tax authorities // Technology shares plunge as Nasdaq enters correction // Oil and chip shares retreat after Democratic victories // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // Dubai details five-year visa benefits for returning visitors // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // Kochi police detain two actors over bid to honey trap doctor // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Dubai boat show confirms international shipyard line-up for November //

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Fully-fledged services included pre-building design development, construction and transportation Abu Dhabi, UAE 15May 2017   GAC Abu Dhabi has completed the preparation, construction and relocation of a logistics base dedicated to supporting Paragon Offshore’s operations. The global drilling services provider entrusted the handling of the entire project to establish the new base to GAC. That included: designing the plot and layout of the base; obtaining all necessary approvals […]

There is much going against South Korea right now, including an anaemic economy, a series of failures in the country’s shipbuilding sector, Chinese boycotts and North Korean belligerence.  And yet the country’s stock market keeps hitting records. The Kospi, the Korea’s main equities benchmark, set a record high last week and is up 13 per cent in the year to date, making it one of Asia’s best-performing major markets of 2017.  […]

Food trends often centre around a single ingredient or innovative cooking technique. However, it seems the latest global food craze is not so much about the food but how it is served. Food bowls have grown in popularity in the United States and United Kingdom, and are now rolling into many of the UAE’s trendiest restaurants and cafes. Over the past five years, data collected by Technomic […]

Credit: Steffen Thoma/Public Domain The research, led by the International Council on Clean Transportation and Environmental Health Analytics, LLC., in collaboration with scientists at the University of York’s Stockholm Environment Institute (SEI); University of Colorado; and the International Institute for Applied Systems Analysis, examined 11 major vehicle markets representing more than 80% of new diesel vehicle sales in 2015.’ Of these markets, they found vehicles emitted 13.2 […]

Dubai, 15 May, 2017  SAMENA Telecommunications Council today announced global technology leader Nokia as the newest addition to its membership. Nokia, the leading provider of state-of-the-art end-to-end telecom infrastructure solutions, has unparalleled credentials in enabling infrastructure for next generation mobile as well as fixed broadband networks including 5G and the Internet of Things. Nokia is focused on developing solutions that expands the human possibilities of the connected […]

By Guy Faulconbridge and Dustin Volz | LONDON/WASHINGTON LONDON/WASHINGTON The global WannaCry “ransomware” cyber attack spread more slowly on Monday with no major infections reported, as attention shifted to investment and government policy implications of lax cyber security. There were 213,000 infected machines in 112 countries as of 1000 GMT on Monday, according to Czech security firm Avast, making it one of the largest coordinated attacks to […]

Arthur Gregg Sulzberger will take responsibility for the opinion pages of The New York Times from his father, Arthur Ochs Sulzberger Jr., according to an internal announcement circulated at the company this afternoon, the latest in a series of moves intended to prepare the younger Sulzberger for eventual leadership of The New York Times. At The New York Times, the editorial page editor reports to the publisher […]

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As the UAE Pavilion was readied for the opening of the Venice Biennale, paper aeroplanes were strewn across a brick floor with yellow markings. To the untrained eye, they might have looked like the result of some celebratory fun and games from the young members of staff who had just finished the week-long installation work at the Sale d’Armi (Weapons Room) in the Italian city’s old fort, […]

Criminal hacking groups have repurposed a second classified cyber weapon stolen from US spies and have made it available on the so-called dark web after the success of the WannaCry attack that swept across the globe on Friday. The hacking tool, developed by the US National Security Agency and codenamed EsteemAudit, has been adapted and is now available for criminal use, according to security analysts. As with […]

Abu Dhabi’s Mubadala Investment Co. plans to invest as much as $15 billion in SoftBank Group Corp.’s Vision Fund and start two new venture capital funds to build its technology holdings. The SoftBank fund will be “wrapped up” in two to three weeks with about $95 billion of commitments, according to Ibrahim Ajami, head of venture capital at Mubadala Capital, the sovereign wealth fund’s investment arm. Mubadala plans to […]

BEIJING Russian President Vladimir Putin said on Monday that intelligence services should beware of creating software that can later be used for malicious means – a reference to global ‘ransomware’ attacks that researchers say exploited a hacking tool built by the U.S. National Security Agency. Speaking to reporters in Beijing, where he is taking part in a conference, Putin said that there was no significant damage to […]

The cyberattack crippled IT systems and forced doctors and nurses to work with pen and paper notes. Image: iStock NHS hospitals are still struggling in the fight against a global ransomware attack, with computer systems in several hospitals locked three days after the initial outbreak and previously unaffected hospitals revealed to have fallen to WannaCrypt ransomware. During the weekend more than 200,000 victims in over 150 countries […]

Dubai Ruler Sheikh Mohammed has announced the launch of Marsa Al Arab, Dubai Holding’s latest tourist destination development in the emirate. The $1.7 billion (AED 6.3bn) mega-project, spread across 4 million sq. ft, will be developed on new two islands on both sides of Burj Al Arab Jumeirah. Marsa (Arabic for marina) Al Arab is expected to be completed by 2020. One island will be dedicated to […]

Capabilities of MicroScan Presented to HCPs in a regional roadshow across Kuwait and Abu Dhabi 15 May 2017 Kuwait City – Beckman Coulter, a worldwide leader in developing clinical diagnostic products and solutions, has introduced the workflow efficiency boosting MicroScan range of solutions to healthcare providers (HCPs) and members of the medical community in Kuwait. MicroScan products offer choice in panel formats, setup and speed. Its unique […]

By Henning Gloystein | SINGAPORE SINGAPORE Oil prices jumped 1.5 percent on Monday after the energy ministers of the world’s two biggest producers Saudi Arabia and Russia jointly said that a crude production cut would be extended from the middle of this year until March 2018. Brent crude was at $51.58 per barrel at 0621 GMT, up 74 cents, or 1.46 percent, from its last close and […]

By Hyunjoo Jin | YONGIN, South Korea YONGIN, South KoreaSouth Korean engineer Kim Gwang-ho flew 11,000 km (7,000 miles) to Washington last year to do something he never dreamed he would: he reported alleged safety lapses at Hyundai Motor Co – his employer of 26 years – to U.S. regulators. Citing an internal report from Hyundai’s quality strategy team to management, Kim told the U.S. National Highway […]

Dubai has secured $3 billion credit facilities for the expansion of its two airports. The Department of Finance for the Government of Dubai, the Investment Corporation of Dubai and Dubai Aviation City Corporation, advised by HSBC, announced the funding agreement and the establishment of Airport Financing Company FZE (FINCO), the long-term funding platform for Dubai Airports, according to news agency WAM. The financing will be used for […]

Oil prices jumped after the energy ministers from Saudi Arabia and Russia said they backed extending an Opec-led agreement to cut output until March 2018. Saudi energy minister Khalid al-Falih and his Russian counterpart Alexander Novak met on Monday in Beijing and discussed oil output policy. Russia is the world’s biggest oil producer, while Saudi Arabia is the biggest exporter. The two ministers said in a joint […]

15 May 2017 The legal departments at Pepsi-Cola International, Total Marketing Middle East and Qatar Financial Centre Authority were among the big winners at the Middle East Legal Awards, which took place at The Ritz-Carlton, Dubai, on Thursday (11 May). The trio were named Legal Department of the Year in the large team, small team and government, department, agency or public body categories respectively. The award for […]

Oil jumped after the energy ministers from Saudi Arabia and Russia said that an OPEC-led agreement to cut output should be extended until March 2018. Saudi energy minister Khalid Al Falih and his Russian counterpart Alexander Novak discussed oil output policy in Beijing after which they made a joint statement. Mr Falih said the next round of cuts will be on the same terms as the first […]

Acer Computer Australia has reported after-tax profit of AU$3.2 million for the full year ended December 31, 2016, turning around the AU$3.6 million loss reported in the previous year. The Taiwanese electronics company did not break down figures according to business, but reported that revenue rose 10.4 percent from AU$275.9 million in 2015 to AU$304.6 million in 2016. Cash and cash equivalents increased 84 percent to AU$33.1 […]

Singapore, one of the most urbanised nations on earth, is making land available for agriculture for the first time in decades for farmers to come up with high-tech ways of improving the city-state’s food security. About 60 hectares of land will be released for farming from August, in a move authorities describe as providing a “buffer” against disruption in the supply chain. Singapore is the third most […]

The ransomware attack caused chaos last week around the world, including at hospitals in the UK. sudok1, Getty Images/iStockphoto The global ransomware attack that caused chaos could spring back to life again as workers return to the office, experts have warned. While ransomware has been a growing menace for some time, this particular attack is without parallel, largely because the ransomware was combined with a worm-like functionality […]

Model-of-the-moment Winnie Harlow will walk the runway during Arab Fashion Week at The Meydan Hotel in Dubai this week. The 22-year-old Canadian, who has the depigmenting skin condition vitiligo, is one of many famous figures taking part in the event, which runs from ­tomorrow until Saturday. “Cardi B, the American influencer and hip-hop artist, will be flying in,” says Jacob Abrian, chief executive of the Arab Fashion […]

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Just in:
After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // Ousted top Kochi cop gets IG post // UK air traffic outage inflicted £33m financial losses // Emirates Group records AED 4.1 billion half-year profit // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // APT29-linked campaign exploits outdated Apple and Android software // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // Oil and chip shares retreat after Democratic victories // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Dubai boat show confirms international shipyard line-up for November // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // Private varsities bill all set to face the axe // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // Millions Of Indians May Soon Be Deprived Of Government Assistance // Technology shares plunge as Nasdaq enters correction // Dubai details five-year visa benefits for returning visitors // Meraas showcases five residential zones at Dubai Design Week // TVM –Mangaluru Vande Bharat claims top spot //