logo

News related to
good

UAE.  In many industrial companies, services play virtually no role. Yet the service business is reporting growth rates up to 40 percent faster than sales of new products. What’s more, the gross profit margin of services is on average a good ten percentage points higher. These are the conclusions from international management consultants Bain & Company in their latest study, “Winning in Industrial Services,” in which 45 […]

|By TAP Staff| Strong signs of recovery in Dubai’s tourism and hospitality sector are already visible and there are strong bookings from the Russian travel agents and tourists, Marc Bennett, Senior Vice President for International Operations at Dubai Corporation for Tourism and Commerce Marketing, said. Russian tourists, who dominated the Dubai tourism industry landscape over the years, had stopped coming in view of the challenging’ economic times […]

UNITED NATIONS — President Obama called upon a conclave of world leaders on Tuesday to fight violent extremism with not only weapons, but also ideas, jobs and good governance, a strategy he has long advocated. There are few signs that it is succeeding. Military pressure, Mr. Obama said at a United Nations summit meeting, will be insufficient to vanquish groups like the Islamic State, also known as […]

SHARJAH // Young and old turned out in their hundreds to cast their ballots in Sharjah. Walking with the aid of a cane and his son, Abdullah Suhail, 85, was voting for the first time. “Our family have chosen to support a candidate and I came here to do so,” he said. From near the border with Oman, Heira Al Katbi and her daughter Fatima came to […]

Janet Yellen may have unwittingly helped the Indian dollar-loan market rebound from a three-year low. Less than a week after the Federal Reserve Chair delayed raising U.S. interest rates, billionaire Mukesh Ambani’s Reliance Industries Ltd. hired 16 banks for a $1.5 billion loan and Rural Electrification Corp. also approached lenders. That takes the pipeline of local dollar-denominated loans planned, mandated or in syndication to more than $5 […]

UNITED NATIONS — Mark Zuckerberg, chief executive of Facebook, promoted access to the Internet as “an enabler of human rights” and a “force for peace” on Saturday, as he announced that his company would help the United Nations bring Internet connections to refugee camps. “It’s not all altruism,” Mr. Zuckerberg said later, in an implicit acknowledgment that drawing new users to his service is also good for […]

A logo is pictured at Google’s European Engineering Center in Zurich April16, 2015. Reuters/Arnd Wiegmann/Files WASHINGTON The U.S. Federal Trade Commission has opened a preliminary investigation into whether Google Inc (GOOGL.O) uses its Android operating system to dominate competitors as more consumers go mobile, two sources familiar with the matter said on Friday. The Android mobile platform is a key element in Google’s strategy to maintain revenue […]

Advertisements

Iran’s president and foreign minister dropped hints on Friday of movement toward a resolution in the fates of Americans imprisoned or missing in Iran. The president, Hassan Rouhani, who was visiting New York for the annual United Nations General Assembly gathering, told guests at an invitation-only meeting in a nearby hotel that he wanted the governments of Iran and the United States “to be helpful” in finding […]

Open Source By ROBERT MACKEY Dozens of Finnish nationalists, including a man dressed like a member of the Ku Klux Klan, hurled rocks and fireworks late on Thursday at a bus carrying migrants seeking asylum to temporary housing in Finland, the state broadcaster YLE reported. Reporters in Lahti, about 60 miles north of the capital, Helsinki, recorded video of the bus — which carried men, women and […]

Bloomberg|David McLaughlin| Google Inc. is back under U.S. antitrust scrutiny as officials ask whether the tech giant stifled competitors’ access to its Android mobile-operating system, said two people familiar with the matter. The Federal Trade Commission reached an agreement with the Justice Department to spearhead an investigation of Google’s Android business, the people said. FTC officials have met with technology company representatives who say Google gives priority to its own […]

INTERNATIONAL. Gleaming glass skyscrapers, state-of-the-art technology, and wealthy merchant families have replaced the Gulf’s muddy towns and villages populated by traders and pearl fishers that once lacked electricity, running water or modern communications. The region’s modern day projection of a visionary cutting- edge, 21st  century urban environment masks however the fact that some things have not changed. Gulf states continue to be ruled by the same families, […]

ABU DHABI // As the Sun slowly crept into the sky, thousands gathered at Sheikh Zayed Grand Mosque on Thursday morning to mark Eid Al Adha. Among those, Sheikh Mohammed bin Zayed, Crown Prince and Deputy Supreme Commander of the Armed Forces, who offered prayers. Afterward, Sheikh Mohammed and members of the royal family visited the tomb of his father, the founding President, Sheikh Zayed. People travelled […]

UAE. The Middle East & North Africa ranks well above North America, Europe and Latin America in terms of market growth opportunities according to the Grant Thornton Global Dynamism Index (GDI) 2015. However, the region is lagging behind on a number of other indicators including labour market and financing environment.   The GDI – which combines 22 indicators across five growth areas to identify the best business growth […]

UAE. Switzerland, the United Kingdom, Sweden, the Netherlands and the United States of America are the world’s five most innovative nations, according to the Global Innovation Index 2015, while China, Malaysia, Viet Nam, India, Jordan, Kenya, and Uganda are among a group of countries outperforming their economic peers. The GII 2015 looks at “Effective Innovation Policies for Development” and shows new ways that emerging-economy policymakers can boost […]

DUBAI // A woman who claimed she was tortured and threatened with rape after being mistaken for an Al Qaeda terrorist faces months of uncertainty awaiting the outcome of a legal case against the Kenyan government. Mother of three Kamilya Mohammedi Tuweni, 50, relived her 72-day ordeal this week as she gave testimony via video link from London to the high court in Nairobi. She was too […]

Kuwait’s government spending in August stood at KD4.2 billion ($13.91 billion) fiscal-year-to-date (fytd), marking 22 per cent of the FY15/16 budget, slightly above the historic average of 14 per cent, a report said. The figure, while being 6 per cent lower than during the same period last year, indicates that spending cuts have not yet been fully reflected in the interim figures, added the latest Economic Update […]

A senior French economic and political delegation is in Tehran to lay the groundwork for the first business contracts between France and Iran since an accord to curb its nuclear programme in July. France’s main business lobby group, the Medef, is sending a delegation comprising more than 100 firms to Iran, including companies such as oil major Total, planemaker Airbus and car manufacturer Peugeot. “We’re trying to […]

ABU DHABI // European nations need a unified response to the refugee crisis to prevent the situation from worsening, a senior Italian official has said. Andrea Orlando, the country’s minister of justice, said there should be a common policy to deal with the hundreds of thousands of people who are fleeing conflict in Syria, as well as Iraq and Afghanistan, to head to the European Union. “Italy […]

Private equity funds managed by Blackstone is set to acquire a majority of Serco Group’s private sector business process outsourcing (BPO) operations. The definitive agreement will include the former Intelenet business, for a consideration of £250 million ($385.7 million), approximately INR2,558 crores, said a statement. The enterprise value of this deal represents the largest acquisition by Blackstone in India, it said. The business has expected annual revenues […]

Middle East Ayatollah Ali Khamenei warned on Wednesday of foreign enemy subversions. By THOMAS ERDBRINK September 17, 2015 TEHRAN — Negotiating the nuclear agreement was a torturous, two-year process for Iran’s leaders, but a new kind of struggle is unfolding now in Iran, where the supreme leader, Ayatollah Ali Khamenei, and President Hassan Rouhani have begun to tackle a question Iranians have not thought about much since the revolution […]

|By Matein Khalid| The world’s emerging markets have been savaged by multiple economic, banking, currency and political shocks since 2011. Global emerging markets are far too diverse and nuanced to be analyzed as a single asset class but now trade at a 24% valuation discount to developed markets. The financial markets now price draconian scenarios for earnings, exports, sovereign credit, industrial production and economic growth. The shortage […]

WASHINGTON — Only four or five Syrian individuals trained by the United States military to confront the Islamic State remain in the fight, the head of the United States Central Command told a Senate panel on Wednesday, a bleak acknowledgment that the Defense Department’s $500 million program to raise an army of Syrian fighters has gone nowhere. Gen. Lloyd J. Austin III, the top American commander in […]

ABU DHABI // Government organisations have continued their fightback against claims that the UAE has the most polluted air in the world. Earlier this year, the World Bank released The Little Green Data Book, which said the country had particle pollution levels (PPM) much higher than the World Health Organisation’s recommended guidelines. It said the UAE was the “country with the most polluted air”, which was immediately […]

CAPE CANAVERAL, Fla. Amazon (AMZN.O) founder Jeff Bezos unveiled plans on Tuesday to build a rocket manufacturing plant and launch site in Florida to better compete with fellow billionaires using their fortunes and tech prowess to open a new frontier in human space travel and exploration. Bezos’ space startup, Blue Origin, intends to invest more than $200 million to build the rocket-making facility adjacent to NASA’s Kennedy […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
Meraas showcases five residential zones at Dubai Design Week // APT29-linked campaign exploits outdated Apple and Android software // Hong Kong mandates crypto transaction disclosures to tax authorities // Emirates Group records AED 4.1 billion half-year profit // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Cloudflare unveils Zero Wire vulnerability intelligence service // Dubai boat show confirms international shipyard line-up for November // 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 // Govt opposes Arlekar’s PSC action // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Private varsities bill all set to face the axe // 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 // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Utilities pursue ₹1,992 cr in unpaid bills // OpenAI identifies 948 Linux privilege escalation flaws using AI // SC to examine students’ exam plea today // Middle East governments assess Iran war after US vote //