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09 January 2017 Etihad Etisalat (Mobily) announced today that its Board of Directors had approved the appointment of Eng. Ahmed Abdulsalam Abdulrahman as Mobily Chief Executive Officer and the acceptance of the resignation of Mr. Ahmad Farroukh. The Chairman and Board of Directors offered their sincere thanks and appreciation to Mr. Ahmad Farroukh for all his efforts in stabilizing the company and wished him the very best […]

By Svea Herbst-Bayliss | HARTFORD, Conn. HARTFORD, Conn. Boston Fed President Eric Rosengren on Monday called for the U.S. central bank to step up its pace of interest rate increases from the once-a-year pattern it has pursued since 2015, warning of inflation risks if it does not. “I expect that appropriate monetary policy will need to normalize more quickly than over the past year,” Rosengren told the […]

Once again, the dawn of a new year is upon us. People will wonder what to do, what will happen and what can they expect. We, as humans, will rely on pundits to tell us what they think and yes most of what will be said will have a 50/50 chance of being as much right as wrong. This year is going to usher in many seismic […]

By Jonathan Landay | WASHINGTON WASHINGTON The risk of conflicts between and within nations will increase over the next five years to levels not seen since the Cold War as global growth slows, the post-World War Two order erodes and anti-globalization fuels nationalism, said a U.S. intelligence report released on Monday. “These trends will converge at an unprecedented pace to make governing and cooperation harder and to […]

A high-profile forum co-hosted by the six-nation Gulf Cooperation Council (GCC) and European Union (EU) is to take place in Riyadh on Monday. In information carried on its website, the EU said that several GCC and EU officials would participate in the meeting aimed at expanding cooperation and encouraging bilateral investment. European Transport Commissioner Violeta Bulc is to lead the EU representation in the GCC along with […]

Leading suppliers see a significant rise in inquiries for ESLs from regional retailers 08 January 2017 Dubai, United Arab Emirates Electronic Shelf Labels (ESLs) are entering the region with a big promise of saving on both operations and energy costs in the retail sector. A global forecast report by market research firm Knowledge Sourcing Intelligence, revealed that global market for Electronic Shelf Label Market will grow from […]

Entrepreneurs in the country are using some old-fashioned handiwork to help create products for mass production at a fraction of the today’s costs. Whether this will be a manufacturing revolution or evolution, 3D printing is here to stay. For a man working at the frontier of a technological revolution, there is a surprising amount of handicraft to Ahmad Mackieh’s approach to 3-D printing that shows in the […]

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Last year was tough for global aviation and, like many in this sector, there’s not much I wouldn’t give for a crystal ball to see what 2017 has in store. Having said that, the consensus is that we can expect more of the same, with the wide range of macro challenges that beset the world in 2016 continuing. War and regional conflicts are ongoing and the ever-present […]

After one of the most tumultuous years in its modern history, Turkey is struggling to convince global investors to look beyond economic weakness and political risk. Fund houses willing to bet on countries such as South Africa, where a corruption scandal is consuming the ruling ANC party, and Brazil, where President Michel Temer is battling to save his administration from corruption investigations, say the headwinds facing Turkey […]

Image: ZDNet Anniversaries are opportunities to reflect on what has come before, and to imagine what may transpire in the future. For some, an anniversary is a time for reconfirmation and reaffirmation of beliefs; for others, it is an opportunity to acknowledge the past and to move on. This weekend, industry analysts and volume buyers are returning from CES in Las Vegas, having just seen the multitude […]

Banks have flooded the market with debt in the first days of the new year, propelling a record pace of bond sales as companies seek to lock in borrowing costs before interest rates rise further. The sales have been met with ample investor appetite ahead of the fourth-quarter earnings season, when the majority of US banks are expected to report improved profitability. Banks have sold $42bn of the […]

08 January 2017 Ixtel technologies, one of the UAE’s leading digital services provider was recently awarded as the Best SME in GCC for 2016. The awards ceremony organized by the GCC Ministers of Labor council acknowledged the ixtel’s efforts towards innovation & technology transformation initiatives. The award was presented at the 33rd GCC Ministers of Labor council summit that took place in Riyadh. The ceremony was attended […]

More tourists from the Philippines, Pakistan and China visited Dubai in the first 10 months of 2016 compared to the same period last year, official figures from Dubai Tourism reveal. The Philippines reported a 19 percent increase in visitor numbers, growing from 262,000 to 311,000. They were closely followed by Pakistanis which registered 16 percent jump to 489,000 from 421,000. The third on the list were Chinese […]

One of the more cherished bits of jargon used in finance is an idea that cash may sit on the sidelines, as if piles of notes are substitute players ready to dive into the great game of markets. Investors are still sitting on large piles of cash, holding nearly 5 per cent of their portfolios in spare liquidity in December, according to data from BofA Merrill Lynch. […]

Showcase for Business Opportunities in Waste Management Sector, More Than 100 New Products and Services 08 January 2017 Abu Dhabi, United Arab Emirates Leading international experts will share practical experience to create a cleaner, healthier, and more sustainable environment, at the fourth EcoWASTE conference and exhibition to be held from 16 to 19 January as part of Abu Dhabi Sustainability Week (ADSW). Hosted by Masdar in […]

The Cohort is Poynter’s bi-monthly newsletter about women kicking ass in digital media. Happy 2017, friends! I gave up on yearlong resolutions a few years back, but I still adore fresh beginnings and all the promise they hold. Instead of setting specific goals this year, I’m focusing on the kind of work I want to do, the kinds of days I want to have, the kind of purpose […]

CHICAGO A push by Washington for more business-friendly regulation and fiscal support for the economy could improve America’s mix of policies which in recent years have relied too much on the Federal Reserve, Fed Governor Jerome Powell said. Powell, speaking on Saturday at a conference, did not mention the incoming Trump administration by name but his comments suggest some Trump policies will be welcomed by U.S. central […]

The human body is a very complex system of organs that work together for the survival of the human being. Sometimes, though, it can play strange little tricks on humans just to show what it is capable of. Such is the case of a 16-year-old girl in Japan who underwent an emergency appendectomy for her acute appendicitis. However, during the said operation, doctors noticed a large growth […]

Banks and petrochemicals stocks could be relative strong performers in the GCC in 2017 thanks to benchmark interest rate rises and a recovery in the global crude oil price, although slowing economic growth may weigh on regional markets. Both sectors have suffered in the last couple of years due to the dramatic oil price decline. The knock-on effect of lower investment and economic growth hit banks, with […]

Here are the big questions for investors ahead of the coming trading week. What impact will Donald Trump’s press conference have on markets? “I will be having a general news conference on JANUARY ELEVENTH in N.Y.C. Thank you.” That was how the president-elect last week [3] tweeted news of what is surely the first big market-moving event of the year — if it takes place. Mr Trump […]

Along with most of his Wall Street peers, BofA’s Chief Investment Strategist Michael Hartnett flipped his outlook on risk assets shortly after the election, turning from quietly bearish to vocally bullish and forecasting a substantial rise in US equities, and even more substantial bounce for Japanese, European and UK stocks as well as oil. So far, Hartnett has been correct, and according to recent fund flows, much […]

UAE, January 8, 2017  The UAE Government has announced that it has completed the legal system for venture capital funds as one of the first projects approved by the Government Accelerators initiative launched by H.H. Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai in line with the goals of the UAE National Agenda. The legal system for venture capital […]

Last year was truly unforgettable. It is the year we celebrated Mara’s 20th anniversary and launched three new businesses: an infrastructure investment vehicle for Africa; an online jobs portal, Mara Jobs; and a last-mile delivery business, Mara Xpress. It is also the year we launched the inaugural Ashish J Thakkar Global Entrepreneurship Index 2016 to better understand entrepreneurial environments around the world. But perhaps what will stick […]

The Matrix PowerWatch is charged by body heat. The market for wearable devices grew steadily in the past year, but one category of wearables — fitness bands — overwhelmingly dominates the market. Within that segment, Fitbit is the clear leader. Yet exhibitors and hosts at CES 2017 sounded optimistic that there will soon be plenty of room in the marketplace for more than just Fitbit. More than […]

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