|AN ARABIAN POST SPECIAL| A little or lesser known DIFC company floated by a few Indians is caught up in a controversy involving a big ticket acquisition worth billions of dollars. The acquisition bidder claims that the bid for a major gaming company was made on the basis of funding commitment by the DIFC company, which however denies any connection with the bid. The controversy relates to […]
|By Arabian Post Staff| Emarat Dzayer Group, a Dubai-based diversified business conglomerate, and Groupe Imetal, a Government of Algeria undertaking, has signed an agreement to develop a US$1.6 billion (Dh5.87 billion) steel plant in Algeria’s Annaba Province. The agreement was signed on Tuesday in Algeria, on the sidelines of the Algerian-Emirati Investment Forum in the presence of Abdel Malek Sellal, Prime Minister of Algeria, Sheikh Mansour Bin Zayed […]
With a number of iconic infrastructure projects in the pipeline for the GCC, innovation remains the focus for the region’s infrastructure and heavy industry Dubai, UAE, 23 November 2016 As the GCC gears up for multi-billion dollar infrastructure initiatives such as Dubai Expo 2020 and the FIFA World Cup 2022 in Qatar, the region’s infrastructure and heavy machinery industry has turned its focus towards exciting new sustainable […]
Via The Daily Bell, Barack Obama on fake news: ‘We have problems’ if we can’t tell the difference The US president denounced the spate of misinformation across social media platforms, including Facebook, suggesting American politics can be affected. -Guardian Is fake news the new “conspiracy theory.” We’ve read that it may be, and it seems likely to us. That’s because “conspiracy theory” has seemingly lost credibility as […]
Donald Trump is showing no signs of ditching the unpredictable, pugilistic style that marked his campaign, by clashing with media chiefs, unsettling the US’s closest ally and intervening in the legal fate of his election rival during a 24-hour blizzard of activity. Most of the president-elect’s freewheeling decisions were broadcast over social media on Tuesday, a day after he broke with convention to announce a policy agenda for the […]
This kind of manipulation of the law is unfolding at a keen moment of weakness for the press, which has already been buffeted by falling revenue and mounting public disaffection. Only 40 percent of the public — the lowest rate since at least the 1990s — trusts the media “to report the news fully, accurately and fairly,” according to a Gallup survey conducted in September 2015. This […]
Alibaba Cloud, the cloud computing arm of China’s Alibaba Group, has announced the opening of four new data centres by the end of 2016 in the Dubai, Europe, Australia and Japan. As a major milestone of Alibaba Cloud’s global expansion, the new centres will boost its data centre network to 14 locations, covering key economic centres around the world. The data centre in the Middle East, located […]
|By Arabian Post Staff| Etihad airline is in talks to take a stake in Germany’s Air Berlin subsidiary Niki, which is an Austrian-based leisure operator, media reports quoting insiders said. Niki is being spun off and merged with another player, it was stated. Bloomberg said Etihad’s stake holding in Niki will be as a prelude to combining it with TUI AG’s German airline unit. The valuation will […]
True to the adage “reflection of personality,” a new research has uncovered that day-to-day objects handled by users can reflect their lifestyle and personality. A full profile developed can even show traits of individuals such as shopping habits and health status. Lifestyle Sketches Out Of Molecules By scanning the molecular imprints left behind by the users on smartphones, University of California San Diego School of Medicine and […]
Soft-drinks maker Dr Pepper Snapple Group Inc (DPS.N) said it would buy Bai Brands LLC, a maker of antioxidant beverages, for $1.7 billion in cash. The purchase price includes a tax benefit of about $400 million on a net present value basis, Dr Pepper Snapple said on Tuesday. Dr Pepper Snapple bought a minority stake in Bai last year and is one of the company’s “Allied Brands,” […]
22 November 2016 Dubai – ICT spending in the Middle East, Turkey, and Africa (META) is forecast to total $243 billion in 2017, according to the latest insights presented today by International Data Corporation (IDC). Hosting its annual ‘IDC Predictions’ event at Dubai’s Burj Al Arab hotel, the global technology research and consulting services firm said it expects the region’s ICT market to grow 3.6% year on […]
Sitting on a bench outside a butcher’s shop in Bagnoli, a gritty Naples suburb, Emanuele Fusco can only speak scathingly of Matteo Renzi and his referendum to change Italy’s constitution that will be put to a vote on December 4. The 25-year-old barman says the prime minister’s government has been no different to those previously that failed to regenerate the area after the demise of the steel […]
After a flurry of rumors, OnePlus 3T has already hit the market. Now, does it live up to the hype? The tech world is already testing, scrutinizing and possibly tearing the device down or subjecting it to some cruel torture — all to bring the public the most revealing insights about this new piece of technology. Reviews are coming out of the press as we speak and […]
Riyadh, 22 November 2016 Investcorp, a global provider and manager of alternative investment products, today announced that an entity managed by it has invested in a stake in the leading private medical laboratory chain in the GCC, Al Borg Medical Laboratories (“Al Borg” or the “Company”). Established in 1999 in Jeddah, Al Borg has 53 laboratories across eight countries in the GCC and Africa, with a clear […]
The flagship Pixel and Pixel XL smartphones from Google are creating quite a stir – their lens flare issue and LTE connectivity problem notwithstanding – and have consumers hankering for the Android Nougat-powered phablets. We check out some of the best available deals for the Google Pixel XL and Pixel, as well as some expected Black Friday 2016 specials. Verizon Wireless Currently, Verizon has an exciting BOGO at 50 […]
Samsung kicked off the Android 7.0 Nougat beta program for its flagship Galaxy S7 edge and Galaxy S7 smartphones in early November. Thanks to the beta program, users of the handsets in the United States, China, the UK and South Korea could register and get access to the firmware’s beta version once they were selected. Those excited by the news will be a little disheartened to know that […]
The stars will to be out in full force for Abu Dhabi’s Grand Prix, not least because this year’s race is a championship decider. Which celebrities can we expect to see painting the town Ferrari-red this weekend? newslide Paris Hilton – and Nicole Richie? Not only is Richie’s dad Lionel Richie singing at Yas Arena on Saturday night, but her old ‘bestie’ Paris Hilton is DJing in […]
Theresa May has set out the terms of a new grand bargain with business, where the government invests to boost productivity and cuts corporation tax, in exchange for help tackling the worst excesses of capitalism. Setting out her business strategy, the UK prime minister proposes in the Financial Times a pact with corporate Britain to work together to defend capitalism, free markets and free trade from populist […]
Before you know it, Thanksgiving has come and you are entangled in the thick of it. Sony wants you to plan ahead by releasing initial details of its PlayStation Store Black Friday deals and, to kick things off, it just dropped an unconventional promotional video. Strange PlayStation Black Friday Ad The new 34-second video ad, which was produced by PlayStation Europe, presented a parade of people in front […]
Submitted by Stephen Miller via HeatSt.com, The mainstream media continues to freak out over the spread of “fake news” on Facebook and other social media platforms such as Twitter and reddit. Hillary Clinton’s late campaign thinks this is a problem. The Democrat party seems to think people with Facebook accounts are to blame for Hillary’s decision to ignore crucial swing states in the final weeks of the campaign, that likely cost her […]
Sony’s recently launched PlayStation 4 Pro promises to bring 4K gaming to more players, as the updated video game console expands the capabilities of the original version. It seems that the technology is not the only thing being offered to PlayStation 4 Pro owners, as those who purchased the console are said to be receiving credits for the PlayStation Network worth $10 out of nowhere. This is […]
19 November 2016 Doha, Qatar: Commercial Bank, Qatar’s first private bank, is proud to announce it has won the “Best Cash Management Bank in Qatar” award at The Asian Banker Middle East & Africa Transaction Banking Awards 2016, held in Dubai. The Asian Banker is an authoritative provider of strategic business intelligence to the Asian financial services community. Judged by an international board of advisors, applicants were […]
Iuna Al Hashemi remains remarkably calm as she discusses the “very challenging” business year for Bahrain’s national telco, Batelco. Once a monopoly, Batelco is now facing a crowded market, with strong competition from Kuwait’s Zain and Saudi Telecom Company-owned VIVA, as well as about ten internet providers for 1.4 million residents. Current economic conditions are making it increasingly difficult to keep up margins. Batelco Group, the […]
When the UAE implements its framework for public-private partnerships, as announced earlier this month, there will be a list of potential projects up for grabs. But none is more urgent than the commuter corridor between Dubai and Sharjah. Conspicuously neglected, Al Ittihad Road is arguably the worst bottleneck in the country, if not the region. The three-lane highway is guaranteed to turn into a car park — […]
