ABU DHABI // After going through a divorce and a custody battle for her children, Aysha Al Naqbi knows the trauma that marriage break-ups can cause. So, Ms Al Naqbi has decided to dedicate herself to helping other women going through similar experiences. “It can be tough being a divorced female,” says Ms Al Naqbi, 38, from Khor Fakkan. “You will get questioned a lot, ‘why you’re […]
23 December 2016 The Roads and Transport Authority – Nashwan Attaa’ee: RTA’s Rail Agency has added six fare collection gates to the Business Bay Metro Station, thus raising the number of entry gates at the station from 4 to 10. The step has been taken in response to the growing footfall at the station, which is in line with the sustained growth in demand for the metro […]
The same researchers who pioneered the use of a quantum mechanical effect to convert heat into electricity have figured out how to make their technique work in a form more suitable to industry. In Nature Communications, engineers from The Ohio State University describe how they used magnetism on a composite of nickel and platinum to amplify the voltage output 10 times or more — not in a […]
Qatar is set to launch a new shopping festival in January, targeting regional visitors from the UAE, which forms the second largest source market for the country. Under the slogan A Brand New Tradition, the first edition of Shop Qatar will start on January 7 with discounts on popular brands, cash prizes worth up to QR4 million, a schedule of entertainment featuring Cats the Broadway musical, live […]
Net redemptions from emerging market equity funds reached a five-week high in the latest week amid pressure from the rising dollar and uncertainty about trade policy in the US, especially with China. Investors withdrew $3.7bn from emerging market equity funds in the week to Wednesday, according to EPFR Global, with Asia ex-Japan equity funds seeing net redemptions of $2.36bn, the largest since September of 2015. China equity […]
The Beyond the Net Funding Programme is proud to announce the results of our November 2016 grant application cycle. This cycle, we received 39 amazing applications from around the world. The project ideas were varied, original, and focused on helping local communities. It was hard, but the Selection Committee managed to pick six projects for funding. These projects were selected for their uniqueness, structure and the benefits […]
Constellation Research hopes you all have a great holiday season this year with friends and family. In the spirit of recognizing memorable achievements in the tech industry, we also want to use this occasion to announce the winners of Constellation’s first annual Enterprise Awards. The winners were selected through a combination of internal voting and heated debate among Constellation’s analyst team. Each category also includes a number […]
US trade policies under Donald Trump will be key to agricultural commodities next year, as the world continues to grapple with high levels of grain production and inventories, according to a leading forecaster. “The area of concern is whether anything is going to happen that is going to affect our trade with China, which is a big agricultural buyer,” said Don Riffe, senior vice-president for agribusiness intelligence […]
A Hoaxy search reveals articles that claim cannabis cures cancer. The graph on the left shows the rise in these claims over the past five months. The graph on the right shows the claim’s spread on social media. Credit: Indiana University The Observatory on Social Media at Indiana University has launched a powerful new tool in the fight against fake news. The tool, called Hoaxy, visualizes how […]
By Lucia Mutikani | WASHINGTON WASHINGTON U.S. consumer spending increased modestly in November as household income failed to rise for the first time in nine months, suggesting the economy slowed in the fourth quarter after growing briskly in the prior period. The economy, however, remains on solid footing as other data on Thursday showed new orders for capital goods rising last month amid demand for machinery, indicating […]
In the wake of reports that Fitbit has dominated the wearables segment and with its acquisition of Pebble, it would seem that the picture for the wearable industry is all rosy. A new report, however, shows that it is not the case. Wearables’ Negative Outlook Research firm eMarketer has downgraded its outlook on the wearable devices market. It estimates a 24.7 percent growth this year for an industry […]
NAND flash memory SK Hynix will invest 2.2 trillion won ($1.8 billion) to build a new fabrication facility that produces NAND flash memory in its factory in Cheongju, South Korea, the company announced. The world’s second largest memory chip maker will also put additional investment into its counterpart in Wuxi, China, which mostly produces dynamic random-access memory (DRAM), to meet rising demand from local customers there. The […]
The stock market is an odd place. Red Hat, the leading Linux company, saw its third quarter of fiscal year 2017 grow by 18 percent year over year to $615 million. Up. Still, Wall Street had expected Red Hat to make $618.5 million — and the market immediately punished it with a 13.9-percent stock price drop. Red Hat headquarters presides over Linux’s first $2 billion company. I’ll […]
By Claire Milhench | LONDON LONDON Global investors’ equity holdings rose to six-month highs in December on bets that U.S. President-elect Donald Trump’s promised fiscal splurge would spur higher growth and inflation, a Reuters monthly poll showed on Thursday. Trump’s plans to cut taxes and boost spending have sent Wall Street .DJI .IXIC to record highs in December as investors pile into everything from banks, to energy […]
ABU DHABI // Choosing to travel to the United States for his post-secondary education was a no-brainer for Saad Hamoodi. Not only would he be following in his father’s footsteps, but having studied in an American private school all his life, Mr Hamoodi was familiar and comfortable with the curriculum. “I graduated with the American system, so I’ve always been closer to that,” said the 26-year-old Emirati. […]
After five grinding years of losses, commodities are set to end higher in 2016 and investors are staking out increasingly bold calls for the coming year. This reflects signs that the prolonged decline in markets such as oil and metals is finally having an effect. Cuts in capital spending by producers have begun to choke off supplies as global demand creeps higher. It might not be a […]
Gulf stock markets barely moved in quiet, early trade on Thursday before the announcement of Saudi Arabia’s 2017 state budget, expected in the afternoon. The Saudi stock index edged up 0.1 percent in the first 40 minutes. Much activity focused on second-tier stocks such as Saudi Printing and Packaging, up 4.9 percent, although Saudi Electricity rose 0.9 percent. Saudi Electricity’s profits rose in the wake of the […]
2016 was fact-checking’s finest year [1]. No it wasn’t, it was the year of “post-truth” [2] — some preferred “post-fact” [3] — and fact-checking is a fool’s errand. The discussion about facts in journalism worldwide has rarely been as fractured and animated as it has been in 2016, so we collected 366 links, one for each day of the year, to try and make sense of what […]
22 December 2016 MARC has affirmed South Korea’s foreign currency sovereign rating of AAA with a stable outlook based on its national rating scale. The rating reflects MARC’s opinion of the sovereign’s ability to meet its foreign currency obligations in full and on time. The government of South Korea (GoK) has no debt rated by MARC. The rating also serves as a country ceiling for ringgit-denominated debt […]
Infrastructure of Berth 5 and Berth 6 at final stages of this year’s strategic expansion 21 December 2016 King Abdullah Economic City, The infrastructure works for Berth 5 and Berth 6 are about to be finished in a few weeks, King Abdullah Port announced on Wednesday. The two berths are part of the port’s strategic expansion plan, which aims to significantly uprate the port’s capacity, thus boosting […]
This year could go down as the one that turned everything on its head, India’s popular central bank governor Raghuram Rajan was ejected from his post, Prime Minister Narendra Modi voided 86% of the country’s currency overnight and Donald Trump became U.S. president elect. India Real Time’s most-read stories show what readers were looking at as they tried to make sense of it all. Any insight into […]
SYDNEY The U.S. dollar held near 14-year peaks on Wednesday as global yield spreads moved inexorably in its favor, while a falling yen lifted Japanese shares to a one-year top. The Nikkei .N225 added 0.3 percent in thin trade, while Australia’s main index climbed 0.6 percent to its highest in 17 months after Wall Street racked up more records. Japan’s government upgraded its overall assessment of the […]
World’s leading hotel operator AccorHotels announces first Mercure brand in the country Muscat, Oman, 20 December 2016 AccorHotels, one of the world’s leading hotel operators announces the opening of Mercure Sohar in Oman. Blending the best of business and leisure, this new hotel pays tribute to its environment with an authentic offering reflective of genuine Omani warmth and hospitality. Nestled between Al Hajjar Mountains and the Sea […]
SHANGHAI Northern China was shrouded in smog for a fifth straight day on Wednesday as citizens complained that the state’s emergency measures were still not being implemented properly. Residents in Shijiazhuang, the capital of heavily industrialised Hebei province that surrounds Beijing, complained that schools were still open even though the city remained on red alert with air pollution levels close to record highs. Media reports in central […]
