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Cloudflare unveils Zero Wire vulnerability intelligence service // UK air traffic outage inflicted £33m financial losses // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // Hong Kong mandates crypto transaction disclosures to tax authorities // TVM –Mangaluru Vande Bharat claims top spot // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // Ousted top Kochi cop gets IG post // Dubai details five-year visa benefits for returning visitors // Emaar approves Development buyout ahead of planned delisting // Dubai boat show confirms international shipyard line-up for November // Millions Of Indians May Soon Be Deprived Of Government Assistance // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction Vision for Gasoline-Powered Vehicles // Oil advances towards $100 as tanker attacks persist // Technology shares plunge as Nasdaq enters correction // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // Private varsities bill all set to face the axe //

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UAE.  According to EY’s report ‘How will the GCC close the skills gap?’, employers struggle to retain nationals due to high salary expectations; however, these employers rank young people’s lack of work experience (53%), communications skills (36%), and required skills and qualifications (22%) as further challenges to retention in the private sector. Three quarters of GCC employers feel the education system doesn’t know what skills employers need. […]

|TAP Special| Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of the Board of Trustees of the Alwaleed Philanthropies, announced his intention to donate all of his wealth to philanthropy over the coming years to help build a “better world of tolerance, acceptance, equality and opportunity for all.” This $32 billion philanthropic pledge will help build bridges to foster cultural understanding, develop communities, empower women, enable youth, provide […]

NEW DELHI/MUMBAI Prime Minister Narendra Modi urged more companies to make electronic and digital goods on Wednesday, reviving his campaign promise to bridge India’s digital divide backed by over $70 billion in investment pledges. Launching a “Digital India Week” aimed at popularising the government’s push to connect 250,000 villages by 2019, Modi spoke of the need to boost local manufacturing of electronics – the country’s largest import […]

UAE. 85 percent of financial institutions from around the world reported that their boards of directors currently devote more time to oversight of risk than they did two years ago, while 79 percent felt that increasing regulatory requirements and expectations were their greatest challenge, according to the ninth edition of Deloitte’s Global risk management survey. In addition, the most common board responsibilities are approving the enterprise-level statement […]

Open Source By ROBERT MACKEY Apparently undeterred by the backlash over its last venture into cartoon diplomacy, Israel’s government released an animated video on Tuesday that equates the threat from Islamic State militants to that of a nuclear-armed Iran. The 28-second animation, uploaded to Prime Minister Benjamin Netanyahu’s official accounts on social networks, attempts to erase the distinction between the Sunni Muslim extremists of the Islamic State […]

|By TAP Staff| Dubai announced plans to build the world’s first fully functional 3D printed building, an ambitious move that will establish the UAE’s position as the global centre of technology in architecture construction and design. The building will be located close to the ‘Museum of the Future’, launched earlier this year in Dubai, and will act as temporary headquarters for its staff. It will be approximately […]

|TAP Special|Emirates has released a point-by-point rebuttal of subsidy allegations, asserting that the US legacy carriers got the facts wrong, got the law wrong, and set their sights on an outcome that will be wrong for American consumers, communities and the national economy. This is the airline’s response to allegations of subsidy and unfair competition leveled by the “big three” US legacy carriers – Delta, United and […]

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UAE. A new report by The Boston Consulting Group (BCG), a global management consulting firm and the world’s leading advisor on business strategy, delves into the challenges faced by Exploration & Production (E&P) companies here in the GCC region. The fact is, these are trying times for E&P companies globally. Following more than a decade of strong financial returns, the industry has experienced several difficult years caused […]

TEHRAN — Persian carpets were rolled out in the Beit-e Rahbar, the downtown Tehran offices of Iran’s supreme leader, Ayatollah Ali Khamenei, on Tuesday, a sign that important guests were on their way. One by one, members of Iran’s establishment, politicians, clerics and commanders filed in, many exchanging the perfunctory greetings of committed rivals. They sat cross-legged and waited anxiously, knowing a crucial week of nuclear negotiations […]

UAE. MENA’s digital market value is expected to reach US$35 billion in 2015, and overall digitization initiatives could add $820 billion to regional GDP, creating 4.4 million jobs by 2020. However, this rapid digitization and the resources of the region make MENA an attractive target for a wide array of cyber-threats, according to a study by Strategy&. The Strategy& study looks into national cyber-security efforts by the […]

Few events will be as significant for the world in the next 15 years as China opening its capital borders, a shift that economists and regulators across the world are now starting to grapple with. With China’s leadership aiming to scale back the role of investment in the domestic economy, the nation’s surfeit of savings — deposits currently stand at $21 trillion — will increasingly need to […]

GCC construction … buoyant. GCC construction sector in major growth phase DUBAI, 1 days ago The GCC construction industry foresees growth for the next three years, encouraged by factors such as favourable macroeconomics, positive demographics, and rising tourism activities, said an industry expert. “Higher budget allocation towards construction sector, as part of the strategic vision of the member nations, lends an added push to the industry,” added […]

Wigley … increased focus on HR technology in the GCC. HR technology spend sees spike across ME, Europe DUBAI, 1 days ago Nine out of 10 firms in the Europe, Middle East and Africa (EMEA) region plan to spend the same or more on HR technology this year than they did last year, a report said, adding that 12 per cent of them will hike investment by […]

|By TAP Staff| Globalization of Chinese currency RMB is consistently gaining ground. Recent SWIFT data shows that the growth in RMB payments is supported by an increasing number of banks. In May 2015, 1,081 financial institutions used the RMB for payments with China and Hong Kong, representing 35% of all institutions exchanging payments with the latter across all currencies. This is a 22% increase in the number […]

Sunil Bharti Mittal, chairman of Bharti Enterprises, speaks during the India Economic Summit 2014 at the World Economic Forum in New Delhi November 6, 2014. Reuters/Anindito Mukherjee/Files MUMBAI/CAPE CANAVERAL Privately owned OneWeb announced what it called the world’s largest commercial rocket deal on Thursday after raising $500 million from a group of global investors to support its plans to bring broadband to billions of people via satellite. […]

UAE. The UAE has emerged No. 5 in the KPMG 2015 Change Readiness Index behind Singapore, Switzerland, Hong Kong and Norway in terms of its enterprise capability, government capability and people and civil society capability according to a recent study by KPMG International and Oxford Economics. The index ranked 127 countries for their capacity to prepare for and respond to accelerating change brought about by natural disasters, […]

UAE. The latest Towers Watson survey on Health Benefits reveals that employers are investing more in the health of their employees as many Gulf Co-operation Council (GCC) countries have implemented new legislation and amendments to laws that deal with mandates for employee healthcare coverage. These changes are already in effect or will come into effect in phases over the next few years and will implicitly impact employers. […]

Redmond rolled out Office for Android-powered tablets in January. Now, Microsoft is finally releasing Office apps for the Android phone. That means if you’re using a Samsung, LG, HTC or some other Android smartphone you can tap into the power of Word, Excel and PowerPoint apps on the run. All you have to do is download them from the Google Play store. Kirk Koenigsbauer, corporate vice president […]

A construction site in Doha.Qatar has planned $200 billion in infrastructure spending. Qatar building boom a challenge for foreign firms DOHA, 10 hours, 44 minutes ago Qatar’s plans to splurge $200 billion on infrastructure as part of its 2030 development plan has lured foreign contractors to what promised to be big profits, but project delays and problems with contracts and bureaucracy have left many in difficulties and […]

UAE. While Standard & Poor’s expects somewhat of a correction in the UAE’s residential real estate market after three years of sharp price appreciation–it should be nothing on the order that led to the Dubai crisis in 2009. After reaching a peak in 2014, the property market in the United Arab Emirates is set to soften in 2015 and early 2016. The market is facing a turnaround […]

DUBAI // Education can arm children to break through the cycle of poverty and war in the developing world, Reem Al Hashemy, Minister of State, said on Monday night. “Children are the most innocent and vulnerable and like in any war zone they are first to suffer,” said Ms Al Hashemy, also chairwoman of Dubai Cares, which on Monday night held a Ramadan talk titled “Empowerment through […]

WASHINGTONSurging investment by Chinese companies in U.S. research labs is yielding a fast-growing trove of patents, part of a push to mine America for ideas to help China shift from being the world’s factory floor to a driver of innovation. Largely absent from American research hubs a decade ago, Chinese firms including Huawei Technologies and ZTE Corp are now using U.S. researchers to create patents ranging from […]

Non-oil to drive ME economies to 5pc growth DUBAI, 3 days ago Middle Eastern economies are anticipated to witness around five per cent growth this year due to the gradual shift in investment to non-oil sectors, a report said. However, implementing pragmatic macroeconomic policies to stabilise global oil prices at $50 to $60 per barrel is likely to remain a key challenge to revenue growth, added the […]

UAE. On 14 June 2015, the Abu Dhabi Global Market (ADGM) published the final version of its first raft of regulations, including the Employment Regulations (the Regulations). In this article, we examine the Regulations and contrast them to the employment provisions in operation in the Dubai International Financial Centre (DIFC) and the UAE Labour Law (the Labour Law). Background In 2004, the UAE amended its constitution to […]

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Just in:
Cloudflare unveils Zero Wire vulnerability intelligence service // Meraas showcases five residential zones at Dubai Design Week // Technology shares plunge as Nasdaq enters correction // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // UK air traffic outage inflicted £33m financial losses // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // TVM –Mangaluru Vande Bharat claims top spot // Emaar approves Development buyout ahead of planned delisting // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Ousted top Kochi cop gets IG post // OpenAI introduces GPT-6 Cyber with restricted security access // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Kochi police detain two actors over bid to honey trap doctor // Hong Kong mandates crypto transaction disclosures to tax authorities // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction Vision for Gasoline-Powered Vehicles // Oil advances towards $100 as tanker attacks persist // Millions Of Indians May Soon Be Deprived Of Government Assistance //