By Saifur Rahman Dubai Government expects its Dh376.8 billion (US$102.67 billion) economy to grow at 3.5 per cent in 2018, slightly lower than the UAE economic growth, pegged at 3.9 per cent, according to a news release issued by the Department of Economic Development (DED), the government’s trade licensing body. The country has just implemented a 5 per cent Value-Added Tax (VAT) from January 1, 2018, expects […]
|By Arabian Posr Staff| The Abu Dhabi National Oil Company (ADNOC) and Borealis have signed a framework agreement to expand both ADNOC and Borealis downstream petrochemicals business and support the delivery of ADNOC’s integrated smart growth and partnership strategy. Under the agreement, ADNOC and Borealis will move to the pre-feed (front end engineering and design) stage for the construction of the Borouge 4 complex, which encompasses a world-scale, mixed […]
Predictive analytics and machine learning are two technologies we’re hearing a lot about these days. But do they actually present real opportunities for business value? For Flexi-Van Leasing, one of the largest chassis providers in North America with 12 locations and a fleet of more than 130,000 units, the answer at this point is an emphatic “yes.” Cyberwar and the Future of Cybersecurity The company’s chassis units […]
Authored by Charles Hugh-Smith via OfTwoMinds blog, The system is disintegrating, and slapping a “reformist” coat of paint over the dryrot cannot renew the structural timbers that have rotted to their very core. I confess to being amused by the mainstream media’s implicit view that everything would be peachy if only Trump wasn’t president. Memo to MSM: the nation is fragmenting for reasons that have nothing to […]
A deep-learning computer network was 100 percent accurate in determining whether invasive forms of breast cancer were present in whole biopsy slides. The network correctly made the same determination in each individual pixel of the slide 97 percent of the time, rendering near-exact delineations of the tumors. (via WSJ)
A transgender soldier has issued her first statement since former President Barack Obama commuted her 35-year prison sentence for leaking intelligence, saying on Tuesday she wants to help others after her release from prison next week. Chelsea Manning, 29, has served nearly seven years in a military prison in Fort Leavenworth, Kansas, after being convicted of leaking more than 700,000 classified documents, videos, diplomatic cables and battlefield […]
Credit: CC0 Public Domain Investing in new ways of utility-scale electricity storage and capturing carbon to store underground should be a priority for governments aiming to meet the greenhouse gas and ‘green energy’ targets set out in the Paris Agreement despite shrinking research and development budgets, suggests a new paper published today in Nature Energy. Researchers analyzed a range of studies and expert reports on public energy […]
Globally, billions of dollars are lost to fraud every year, and with the growth of ecommerce business models over the past five years, payments startup Stripe is putting its transaction-based insights to good use in an effort to block fraudulent activity from its platform. Speaking with ZDNet, Stripe’s head of machine learning Michael Manapat said that internet businesses are in a uniquely liable situation of having to […]
The campaign team of French presidential candidate Emmanuel Macron says it has been the victim of a “massive and co-ordinated” hacking operation ahead of Sunday’s election. Around nine gigabytes of data were posted online to Pastebin, a document-sharing site that allows anonymous posting. It was not immediately clear who was responsible for releasing the files. The documents, posted on Friday night, appeared to contain details of emails […]
ERBIL, Iraq Islamic State militants have developed an improvised explosive device (IED) that can be launched from rifles or dropped from an aerial drone, an arms monitoring group said on Wednesday. Conflict Armament Research (CAR) said the Sunni militant group was “promoting the development of ‘own-brand’ weapons” to provide its insurgents with otherwise unavailable armaments. “The (IED) can be thrown, launched from an improvised rifle attachment, or […]
25 April 2017 Dubai, UAE – Global Islamic Finance Report (GIFR) 2017, the oldest yearbook in Islamic banking and finance, was launched yesterday in Fairmont The Palm, Dubai by Mr Abdulla Mohammed Al Awar, CEO of Dubai Islamic Economy Development Centre. According to GIFR 2017, the estimated figure for the global Islamic financial industry in 2016 is US$2.293 trillion after recording a growth of 7%. This, however, […]
The Australian Privacy Foundation (APF) has recommended that the Department of Human services (DHS) reform its automated debt recovery process and bring back the “human” involvement that was replaced with the new data-matching technology. In its submission [PDF] to the Senate Community Affairs References Committee, the APF noted several serious concerns about the automatic data matching system used by Centrelink, citing problems with relying on technology as […]
Government led investment is driving a surge in domestic tourism across Saudi Arabia – with experts predicting a 40 percent surge in the number of internal trips made between 2015 and 2020. The Euromonitor International Tourism Forecast report, prepared ahead of The Hotel Show Saudi Arabia 2017, has revealed record levels of domestic travel within the kingdom. Following the announcement of Saudi Vision 2030 – the country’s […]
When Viacom Inc’s (VIAB.O) Spike TV rebrands as the Paramount Network in early 2018, the struggling media company hopes to position itself as a challenger to top-rated U.S. cable networks like Comcast Corp’s (CMCSA.O) USA and Time Warner Inc’s (TWX.N) TNT with shows that have the caliber of HBO. Viacom is heading into the upfront, when U.S. TV channels sell the bulk of their advertising inventory for […]
LONDON Britain will tell Google, Facebook, Twitter, and Microsoft on Thursday to do more to stop extremists posting content on their platforms and using encrypted messaging services to plan attacks. Home Secretary Amber Rudd said on Sunday tech companies should stop offering a “secret place for terrorists to communicate”, after British parliament attacker Khalid Masood was widely reported to have sent encrypted messages moments before he killed […]
Two prominent economists, Anne Case and Angus Deaton, made national headlines when they reported in 2015 the spike in mortality among midlife white Americans since 1999, higher than the death rates of blacks, Hispanics, and Europeans. This time, Case and Deaton said the steady rise of deaths among white working-class Americans could have its roots to the not-so-rosy opportunities for the less-educated as they enter the job market. […]
WASHINGTON — The United States military has begun formally investigating an American airstrike in Syria that officials said targeted dozens of Qaeda operatives at a meeting place that activists and local residents maintain was part of a religious complex where 49 civilians were killed. United States Central Command has begun two investigations: one to determine whether there is credible evidence that civilians were killed in the strike, […]
We have just lived through the most spectacular global bullmarket run for the fixed income markets. This bull market rallied the bond market tothe lowest yields ever! Over a third ofall global fixed income was trading with a negative yield. The most accommodative central bank policiesmade heroes out of bond fund managers. Bond investors that stayed fullyinvested with fingers crossed, hoping for the greater fool theory to […]
Dubai, United Arab Emirates Delta Partners, the leading advisory and investment company, specialised in the telecoms, media and digital (TMD) space, has been officially recognised as one of the ‘Top Companies to Work for in the UAE’ in 2017 by Great Place to Work®, a global research, training and consultancy firm that identifies the best workplaces in over 50 countries worldwide. The official list, which was announced […]
Via Soeren Kern of The Gatestone Institute, “The threat to the UK remains from homegrown terrorism, and is heavily youth- and male-oriented with British nationals prevalent among offenders.” — Islamist Terrorism: Analysis of Offenses and Attacks in the UK (1998–2015). “The increased prevalence of smaller cells and individualistic offending, suggests a rise in terrorism cases that feature shorter lead times to offending and fewer opportunities for identification.” […]
The inner workings of the CIA’s cyber-espionage operations were at risk of being laid bare on Tuesday, after WikiLeaks published what it claimed was the first part of a large trove of documents detailing the US agency’s techniques for hacking into smartphones, internet-connected TVs and other devices. The documents purported to reveal a stockpile of malware used by the CIA to break into some of today’s most […]
North Korea barred Malaysians from leaving the country on Tuesday, sparking tit-for-tat action by Malaysia, as police investigating the murder of Kim Jong Nam in Kuala Lumpur sought to question three men hiding in the North Korean embassy. Following is a chronology of ties between the two countries. 1973 – Malaysia and North Korea establish diplomatic ties. 1995 – Malaysia hosts talks between the United States and […]
Few institutions embodied the eurozone crisis more clearly than Bankia, the Spanish lender which was bailed out in 2012. Yet you would have been hard pressed to see any signs of that as the lender tapped debt markets this month. The bond sale by Bankia, still majority owned by the Spanish government, attracted almost €5bn in orders for the €500m of debt it sold. Its “tier 2” […]
By Lawrence Hurley | WASHINGTON WASHINGTON The U.S. Supreme Court avoided a ruling on transgender rights by sending a closely watched case involving bathroom access at a Virginia high school back to a lower court on Monday after President Donald Trump rolled back protections for transgender students. Lawyers for a transgender student named Gavin Grimm, who was born female and identifies as male, had asked the justices […]
