|By Arabian Post Staff| It might be possible in the not too distant future to travel between Dubai and Abu Dhabi in 12 minutes if plans announced today materialise without any major hitch. Hyperloop One, which is reinventing transportation by developing the world’s first Hyperloop, an integrated structure to move passengers and cargo between two points immediately, safely, efficiently, and the Dubai Roads and Transport Authority (RTA) agreed […]
|By Kalyani Shankar| The US election results have surprised many who were batting for the Democratic candidate Hillary Clinton. This is more so in India where many Indians felt Hillary would be good for India. She is known to many Indians because she was the First Lady for eight years, US Senator for another eight years, and Secretary of State for four and all the time she had […]
By Abhirup Roy | MUMBAI MUMBAI Ford Motor Co is investing 13 billion rupees ($195 million) over the next five years in a technology and business centre in the Indian city of Chennai to develop new products, design mobility solutions and provide business services. Dearborn, Michigan-based Ford, which has already invested over $2 billion in India till date, will hire 3,000 people and bring in 9,000 from […]
The reality today is that most enterprise applications are well on their way to being cloud based. We’ve seen it with simple workloads such as HR and payroll, travel and expense management, and in the last decade we’ve seen the cloud as the new normal for customer relationship management (CRM) deployments. In fact, a recent Gartner report predicts that the public cloud services market in the Mena […]
|By Arabian Post Staff| The growing list of OPEC members seeking exemptions from a planned supply cut has investors seeing future price drops, Bloomberg reports. Money managers increased bets on lower West Texas Intermediate oil for the first time in five weeks as Iraq joined Iran, Nigeria and Libya in seeking to be excluded from OPEC’s first agreement to reduce output in eight years. The deal was reached […]
Microsoft Corp said it will be increasing pricing for its enterprise software and cloud services in the UK in the wake of the sterling’s plunge since Britons voted to leave the EU. The price increase, from Jan. 1 2017, will be 13 percent for its enterprise software and 22 percent for its enterprise cloud services, it said. Pricing changes will not apply to consumer […]
By David Shepardson | WASHINGTON WASHINGTON AT&T Inc may bypass a powerful telecommunications regulator by offloading a Time Warner broadcast station, analysts say, as the telecommunications giant braces for what is expected to be a lengthy and tough antitrust review of its proposed $85.4 billion deal to buy Time Warner Inc. Dallas-based AT&T said late Saturday the deal would need approval of the U.S. Justice Department and […]
Tech behemoth Dell EMC launched a torrent of new products and services for enterprise client at its Dell EMC World Austin event that wrapped up yesterday. Among the announcements were the new Endpoint Data Security and Management portfolio, new payment solutions for IT procurement, new versions of its Data Domain protection tool, and new analytics suites. Security Is the Word Digital security was one of the biggest […]
|By Matein Khalid| The fall in oil prices since 2014 has triggered a liquidity crunch and higher funding costs in the UAE banking system. EIBOR is almost double the London interbank rate LIBOR. Non-performing loan (NPL) have begun to rise as property prices have fallen 20% from their peak and corporate/SME borrowers are hit by a sharp downturn in the business cycle. DIB shares reflect these macro […]
A new partnership between long-time rivals Amazon Web Services (AWS), part of Amazon.com, and VMware could prove to be a major deal for enterprise hybrid cloud users as well as the competitive landscape that services them. Yesterday, the companies announced that they will be cooperating on a new hybrid service, dubbed VMware Cloud on AWS, designed to make it easier for enterprises to run VMware applications on […]
HP Inc. expects to lay off between 3,000 and 4,000 employees in the next three years amid slumping demand for its products, the company said Thursday. The layoffs come one year after HP Inc., the manufacturer of printers, laptops and personal computers, was spun off from Hewlett-Packard in Silicon Valley’s biggest corporate breakup. The other company in the split, HP Enterprise, provides data center technology and business […]
By Julia Love and Deborah M. Todd Samsung Electronics’s abandonment of the Galaxy Note 7 due to safety concerns will likely touch off a turf war among Android smartphone makers, analysts said, presenting them a rare opportunity to gain share but with less room for archrival Apple Inc. Consumers tend to commit to their choice between Apple’s iOS operating system for smartphones and Google’s Android, leaving Samsung’s […]
Breaking up can be hard to do, especially when one party is unwilling to let go. Users of Yahoo’s email service are learning that lesson the hard way, as the company has discontinued its email forwarding functionality, at least for the time being. Since the beginning of this month, several account holders have reported that they can no longer activate mail forwarding. As for Yahoo, the company […]
|By Arabian Post Staff| Saudi Arabia said it was holding investor meetings in London, Los Angeles, Boston and New York from Wednesday to sell benchmark bonds maturing in five, 10 and 30 years. The issue is expected to be at least $10 billion. “It’s very good timing,” Bloomberg quoted Angelo Rossetto, a trader at GMSA Investments Ltd. in London, as saying. “I wouldn’t say now or never as […]
|By Alaa Al Ghamdi| The film “Bilal” has recently been released in the Middle East. I’m hoping that it is the first in a long line of new films to come out of the Arab world. Art, specifically cinema, theatre and television, is struggling to find a place in the Arab world, with those that are being released unsure of whether they will get the accolades, the […]
The Interpreter By AMANDA TAUB It is a truth universally acknowledged by every war correspondent, humanitarian aid worker and Western diplomat: Some wars, like Syria’s, receive tremendous public attention, which can translate into pressure for resolution. But many others, like Yemen’s still raging but much ignored conflict, do not. Some of the reasons are obvious; the scale of Syria’s war is catastrophic and much worse than Yemen’s. […]
DUBAI // City authorities plan to make Dubai fully accessible to the disabled. Surveys in hospitals, hotels, mosques, malls, schools and transport hubs will determine what needs to be done. Finding a way for disabled people to get from their homes to any destination by public transport is a challenge, but it is not impossible, planners say. Senior officials from transport authorities, the municipality and disability support […]
DUBAI // As Amanda Fagan embarks on her 16th and final round of chemotherapy treatment this week, she has a message for women in the UAE – if you do one thing this October, have a mammogram. The 44-year-old was told she has breast cancer on April 24 after going for her annual scan. “The radiologist was concerned with what she saw on the mammogram and ultrasound, […]
Apple Inc. is reportedly planning to open its first research and development center in China, allowing the tech giant to extend its reach in a vital market and maintain goodwill with the Chinese government. The Cupertino tech giant will eventually invest 300 million yuan, or $45 million, in the facility, which will have 500 employees, according to the state-run China Daily newspaper. Zhongguancun Science Park, a Beijing […]
When I went to Las Vegas last week I didn’t go to visit clubs, gamble or even take in a show. Those were activities for another trip. This time I attended the Automotive IQ System Safety conference. I met engineers, auto executives, and computer programmers who shared the same concern about autonomous vehicles: how safe is safe enough? Companies like Uber and Tesla are rolling out autonomous technology faster […]
After bumblebees drink a small droplet of really sweet sugar water, they behave like they are in a positive emotion-like state, scientists have discovered. (via WSJ Blogs)
UAE. (ME NewsWire )–Despite the fact that FinTech has been causing significant digital disruption to global finance for almost a decade, the sector is still in need of strong guidance against regulatory hurdles, says a new report from ACCA (the Association of Chartered Certified Accountants). The report, FinTech – transforming finance, finds that while FinTech’s impact on finance and banking is proving to be as revolutionary to […]
