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In my previous column, I outlined the innovative German system of cooperative study and universities of applied sciences. These institutes in particular support a practical, hands-on approach to learning about engineering. But where do managers of mid-sized business learn the tools of their trade? As we have seen, traditionally, the answer would be through common sense and trial and error. The majority of world-leading mid-sized enterprises were […]

As chairman of Emaar Properties, Mohamed Alabbar has shaped much of Dubai’s skyline, but rapid growth in his outside real estate interests is raising the possibility of a rarity in the Gulf – open shareholder dissent. Speculation persists that Alabbar and Emaar, the company he founded in 1997, could soon part ways despite a categorical denial from the firm last month. His involvement in other firms’ projects, […]

QATAR. Notwithstanding the weak start for the global economy, Asian economies are expected to continue to grow rapidly in 2015. We expect economic growth to average 5.7% in 2015, the same rate as in 2014. However this masks significant differences across Asian countries that mainly depend on their exposure to global headwinds. India and Myanmar stand out as bright spots for 2015, while China, Indonesia, Malaysia and […]

| By Michael Sasso| If you have to fly from New York to New Delhi on April 1, you can book through one of the three big U.S. airlines for at least $1,100 round trip. Or you can take one of Emirates’ luxurious Airbus A380s for less than $900. That choice is at the heart of the complaint raised by Delta, American, and United Continental with U.S. […]

The proposal by Dubai Municipality to introduce mandatory affordable housing quotas for all new residential developments in Dubai is long overdue and is expected to bring a wide range of benefits to the emirate, while driving further maturity in the market, according to leading international real estate consultants, Cluttons. With the residential market in Dubai now meandering through the second half of the current property cycle and […]

Every state in the union has good local beer and with the Beer Cap Map you can display your favorites from coast to coast. Made from real wood in the beer-friendly state of Wisconsin, Beer Cap Maps are currently available in a map of the whole USA as well as 48 individual states—Alaska & Hawaii are coming soon. This entry passed through the Full-Text RSS service – […]

After an extensive and sometimes contentious public and politcal debate, the Federal Communications Commission (FCC) voted February 26, with a 3 to 2 split along party lines, in favor of new regulations intended to preserve Net neutrality. The vote is seen as a win both for the Obama administration and a large Net roots activist campaign that has been pushing for this outcome for several years. Under […]

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Fast-growing Gulf Arab banks plan to bolster their reserves by issuing capital-boosting bonds, but uncertainty over regulation and ultra-tight pricing increase the risks for issuers and investors. Basel III standards, now being phased in around the world, will require banks to hold more capital. While Gulf banks have very high capital adequacy ratios, their rapid expansion, and the fact they operate in emerging markets with lower sovereign […]

In 1990, Martin Scorcese’s Goodfellas was nominated for 6 Academy Awards. In 2000, It was chosen for preservation by the US Library of Congress. Now this gangster epic is being re-released in a special 25th anniversary Blu-ray edition that includes hours of supplements & an all-new documentary featuring DeNiro, Nicholson, DiCaprio and others. Recommended article: Chomsky: We Are All – Fill in the Blank.This entry passed through […]

|By TAP Staff| Mumbai-based shipping and logistics provider Shreyas Shipping and Logistics Limited,, part of global conglomerate Transworld Group, has become introduced domestic containerised cargo movement at every Indian port, from Mundra up to Kolkata, all along peninsular Indian coasts. Shreyas is the first provider to offer this service. “This is a first in Indian maritime history. This will be Shreyas Shipping and Logistics Limited’s contribution towards […]

Dubai Media Network (DMN) ….. tapping social media to promote your brand amidst a sea of competitors is crucial in GCC. Social media’s importance for FMCGs highlighted DUBAI, 1 days ago Dubai Media Network (DMN), a UAE-based social media and digital marketing service provider, has highlighted the influence of social media’s ability to amplify word-of-mouth marketing on the fast-moving consumer goods (FMCG) landscape in the GCC region. […]

By Aditi Shah NEW DELHI Mon Jan 12, 2015 1:38pm IST Labourers work at a construction site of a high-rise residential building in central Mumbai August 25, 2014. Credit: Reuters/Danish Siddiqui/Files NEW DELHI (Reuters) – Indian businessman Navin Bhartia’s Internet habits make him a dream customer for billionaire foreign media moguls like Rupert Murdoch. The 45-year-old from Kolkata likes to buy homes online, sometimes without visiting them. […]

Politicians have exchanged blows over the A&E crisis Photo: Alamy The A&E crisis is rapidly becoming the dominant story of the election. Last week, Ed Miliband and David Cameron laid into each other in blood-curdling terms. The Tory denounced as “disgusting” his rival’s plan to “weaponise” the NHS as a political issue; his Labour rival proclaimed that this was “a crisis on his watch, as a result of […]

Dubai’s DAMAC will list on the Dubai Financial Market (DFM) on Monday, a bourse spokesman said, after the developer offered holders of its London-listed global depository receipts (GDRs) shares in its holding company instead. DAMAC in December received approval from the United Arab Emirates’ Securities and Commodities Authority to list on the DFM, according to a filing to the London Stock Exchange. The developer offered 23.08 shares […]

|By Andrew Torchia| It’s a weekend morning at the Dubai Mall, a glitzy complex with 1,200 stores, and the shoppers are pouring in. A traffic jam has formed in the basement parking area. With passenger arrivals at Dubai’s airport at record highs, retailers expect a good month. The 55 percent plunge of oil prices since last June might be expected to usher in an age of austerity […]

Oil extended losses below $48 a barrel amid speculation that U.S. inventories will expand, deepening a global supply glut that’s driven prices to a five-year low. Futures declined for a fourth day. Stockpiles in the world’s biggest oil-consuming country probably rose by 700,000 barrels last week, a Bloomberg News survey showed before a government report tomorrow. Oil slumped almost 50 percent in 2014, the most since the […]

Camp Taji Journal American military personnel, recently deployed to Iraq, found remnants of the previous United States military presence, mostly untouched since their comrades left Camp Taji three years earlier. By TIM ARANGO January 6, 2015 CAMP TAJI, Iraq — The calendar on the wall reads November 2011. On the ground is a half-filled tin of Copenhagen smokeless tobacco. Scattered here and there are bottles of Gatorade, cans of […]

INTERNATIONA. Oil fell in 2014 by the most since the 2008 global financial crisis as U.S. producers and the Organization of Petroleum Exporting Countries ceded no ground in their battle for market share amid a supply glut. The U.S. benchmark ended at a five-year low yesterday, capping a 46 percent drop in 2014, as stockpiles of crude oil and gasoline reached seasonal record highs and as OPEC […]

DUBAI // At Dh22 million and at more than 5km in length, the emirate can now lay claim to the world’s longest handmade gold chain. More than 100 people worked 10-hour days for weeks to make the four million individual segments of the 22-carat gold, 5.52km-long chain that set a new Guinness World Record on Monday. The Dubai Celebration Chain, which weighs in at 256kg, forms the […]

Wanted: Ched Evans is set to join League One side Oldham Photo: PA By Rowan Pelling 6:01AM GMT 05 Jan 2015 It’s been 13 years since John Leslie waved goodbye to his TV career. Some readers may be scratching their heads, as they try to remember his original claim to fame and what led to his downfall. Then they might gradually recall how the former Blue Peter and […]

Falling world oil prices will hurt countries across the Middle East unless Saudi Arabia, the world’s biggest crude exporter, takes action to reverse the slump, Iran’s deputy foreign minister told Reuters. Hossein Amir Abdollahian described Saudi Arabia’s inaction in the face of a six-month slide in oil prices as a strategic mistake and said he still hoped the kingdom, Tehran’s main rival in the Gulf, would respond. […]

Reporting about widespread government surveillance of ordinary citizens helped win the Guardian and the Washington Post a Pulitzer Prize in 2014. But many ordinary citizens themselves have offered a “Ho-hum everybody does it” response to the spying revelations made by former National Security Agency contractor Edward Snowden. The lackadaisical public reaction does not bode well for the future of privacy. And that’s the same conclusion that the […]

MUMBAI Sat Jan 3, 2015 7:26pm IST A worker displays a Micromax mobile phone inside a store in Kolkata December 4, 2013. Credit: Reuters/Rupak De Chowdhuri/Files Related Topics Stocks     Bollywood actor Deepika Padukone turns 29.  Pics  MUMBAI (Reuters) – Micromax Informatics, India’s second-largest smartphone maker, plans to raise as much as $500 million through a stock market listing in its financial year beginning in April, […]

It was a bit less spectacular and a lot less glamorous than most Hollywood disaster movies. But the recent mega-breach at Sony Pictures Entertainment had more than its share of drama and improvisation. Numerous media outlets this week published behind-the-scenes looks at how the crisis, one of the worst cyberattacks on an American company, was handled internally. Among other unusual steps, studio CEO Michael Lynton communicated with […]

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