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Hackers can exploit the insecurity of IoT devices for the purposes of espionage or DDoS attacks Image: iStock Cyberattacks exploiting the insecurity of the Internet of Things and hackers increasingly attempting to compromise industrial connected devices represent some of the biggest threats to the UK, those responsible for ensuring national security have warned. Citing incidents including the internet crippling Mirai botnet cyberattack and vulnerabilities in a children’s […]

By Agustinus Beo Da Costa and Gayatri Suroyo | JAKARTA JAKARTA Indonesia’s anti-corruption agency said it will look into allegations that dozens of politicians siphoned off money causing state losses of up to $170 million in what could be one of the Southeast Asian country’s biggest graft scandals.Two public servants on trial for corruption linked to the procurement of electronic identity cards last week identified at least […]

The Gulf’s healthcare industry is expected to receive the highest volume of investments in 2017 among non-oil sectors as GCC countries seek to further diversify their economies, according to a new survey. CFA Institute, the global association of investment professionals, said its annual Middle East Societies Market Sentiment survey also forecse an increase in hospitality and tourism investment. It said in a statement that in Saudi Arabia, […]

When Intel’s chief executive addressed shareholders at last month’s investor day, he insisted that the “traditional market view” of the company as a Silicon Valley stalwart making chips for PCs and servers was wrong. “The way we look at the world is a bit different,” Brian Krzanich said. “We are a data company.” Investors would soon discover just how differently Mr Krzanich was looking at Intel’s world. […]

The French presidential election is setting up a critical test of resolve for Japanese investors as life assurers, big banks and struggling regional lenders enter a second year under the Bank of Japan’s negative interest rate policy. The policy shift by the BoJ in February 2016 accelerated efforts by Japanese investors to seek higher fixed-rate returns overseas and has raised the sensitivity of their portfolios to global […]

SINGAPORE –  After an eight-month global search, Yale-NUS College has looked in-house and picked historian Tan Tai Yong as its new President. Professor Tan, who was a Nominated Member of Parliament, will take office from July, succeeding the liberal arts college’s founding President Pericles Lewis, who will be returning to Yale University to take up a senior administrative post.  Since October 2014, Prof Tan is the Executive […]

14 March 2017 Dubai, United Arab Emirates – The 10th edition of GESS Dubai begins today at the Dubai World Trade Centre, with over 10,000 education professionals from around the region expected to attend over the course of the three-day event. Organised by F&E Education, GESS Dubai is under held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of […]

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YANGON Dozens of Myanmar soldiers have been killed in several clashes between ethnic rebels and the army along the border with China, state media reported on Tuesday, threatening leader Aung San Suu Kyi’s chief goal of ending decades of ethnic strife. More than 20,000 people from Myanmar have crossed China’s border in recent weeks to escape the bitter fighting in the north, prompting Beijing to call for […]

SEOUL North Korea warned the United States on Tuesday of “merciless” attacks if an aircraft carrier strike group led by the USS Carl Vinson, which is joining South Korean forces for exercises, infringes on its sovereignty or dignity. North Korea, which has alarmed its neighbours with two nuclear tests and a string of missile launches since last year, said the arrival of the U.S. strike group was […]

From the geometric work of Tunisian artist Nicène Kossentini – who spent time in Córdoba’s Great Mosque while on a residency in Andalusia and produced abstracted drawings based on Tawq Al Hamamah (The Ring of the Dove), a 11th-century treatise of love written by Ibn Hazm – to the paintings of Ahmed Morsi, the pieces displayed as part of the 11th edition of Art Dubai hold fascinating […]

Recently, the open-source multi-instant messaging (IM) program Pidgin was updated to version 2.12.0. That’s the good news. It’s a very useful program if you work with people using multiple IM services. The bad news is that its developers couldn’t add support to newer IM platforms, such as WhatsApp, Facebook Messenger, and Slack. Additionally, it will no longer support the deprecated Facebook XMPP, MSN, MySpace, Mxit, and Yahoo. […]

QFC to create 10,000 jobs in the private sector QFC to license 1,000 firms by 2022 QFC appoints leading industry heads to Advisory Board QFC to launch New Law QFC launch biggest TV campaign to date Advertisement 14 March 2017, Doha – Qatar Qatar Financial Centre is on track to license 1,000 new firms and create 10,000 jobs by 2022, Qatar Financial Centre (QFC) Authority CEO Yousuf […]

Monday, March 13, 2017 Alwaleed Philanthropies (AP), chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz AlSaud, announced an innovative new partnership with Thomson Reuters Foundation focused on empowering Saudi female journalists, during the first of its kind conference titled “The evolving role of women in Saudi Arabia” held in Riyadh on Saturday March 11, 2017. In partnership with Luxury KSA, and Smaat Company, the conference took […]

Leonardo Maugeri of Harvard University, who in 2012 predicted a glut in oil supplies and a steep fall in prices, has warned that there is again a prospect that the market is heading for “a substantial fall”. Strong growth in global supply, he argues in a new paper, is outpacing the increase in demand, in spite of the production cuts agreed by Opec and 11 non-Opec countries […]

OSLO Natural swings in the Arctic climate have caused up to half the precipitous losses of sea ice around the North Pole in recent decades, with the rest driven by man-made global warming, scientists said on Monday. The study indicates that an ice-free Arctic Ocean, often feared to be just years away, in one of the starkest signs of man-made global warming, could be delayed if nature […]

This Wednesday, Oct. 14, 2015, file photo, shows a Mobileye camera system that can be installed in your car to monitor speed limits and warn drivers of potential collisions, mounted behind the rearview mirror during a demonstration of the system, in Ann Arbor, Mich. Intel is buying Mobileye in a deal announced Monday, March 13, 2017, and valued at about $14.09 billion, the latest push by a […]

Abraaj Group Art Prize In October last year, Rana Begum won the US$100,000 (Dh367,250) Abraaj Group Art Prize. The title is awarded each year to aid an artist realise a proposed project, which is later unveiled at Art Dubai. Begum, a Bangladeshi-born, London-raised artist, is interested in the geometry of a city. Her brightly coloured, angular metal sculptures and installations look at the unexpected architecture of a […]

Norway’s salmon producers are turning to radical farming techniques in the face of multiple threats to their industry. From futuristic egg-shaped enclosures that bob in the water to supertanker-like structures submerged in the ocean, the Norwegian government is trying to counter increasing challenges in the form of sea lice, fish escapes and the shortage of suitable coastline for aquaculture. One of the big problems for salmon farmers […]

Robots will soon be teaching and assisting children across several schools in the UAE, according to tech firm ATLAB, which is planning to roll out a new system later this year. The technology-based learning solutions company has announced that it will be introducing the ATLAB TeachAssist in schools across Dubai and the UAE and the rest of the GCC by the end of 2017. The robot can […]

By Tova Cohen and Ari Rabinovitch | JERUSALEM JERUSALEM U.S. chip giant Intel (INTC.O) has agreed to buy Israeli driverless technology firm Mobileye (MBLY.N) for $15.3 billion, the largest ever acquisition of an Israeli high-tech company. The $63.54 per share cash deal is the world’s biggest purchase of a company solely focused on the autonomous driving sector. Mobileye accounts for 70 percent of the global market for […]

Investors are primed for a more aggressive policy stance from the Federal Reserve, setting the stage for an escalation in the selling of Treasury bonds. With the US central bank expected to raise its overnight interest rate by a quarter-point on Wednesday, scrutiny will focus on Fed chair Janet Yellen’s press conference and policymakers’ projections for official interest rates over the coming years, known as the dot […]

By Tim Kelly and Nobuhiro Kubo | TOKYO TOKYO Japan plans to dispatch its largest warship on a three-month tour through the South China Sea beginning in May, three sources said, in its biggest show of naval force in the region since World War Two. China claims almost all the disputed waters and its growing military presence has fuelled concern in Japan and the West, with the […]

● First Global Manufacturing and Industrialisation Summit to open doorways to encourage public-private sector dialogue ● Inter-sector cooperation to be a key topic of discussion between representatives of government, companies, and NGOs at Global Manufacturing and Industrialisation Summit 13 March 2017 Abu Dhabi, UAE – The Global Manufacturing and Industrialisation Summit (GMIS) has signed a Memorandum of Understanding (MoU) with the General Confederation of Moroccan Enterprises […]

Volkswagen Volkswagen has already taken a battering to its reputation due to the emissions scandal and is now tarnished further as the automaker has pleaded guilty to criminal charges as part of a settlement with the US Department of Justice (DoJ). On Friday, the automaker pleaded guilty in a Detroit federal court to felonies in connection with the 2015 emissions scandal. For years, the company sold a’clean […]

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