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|By Arabian Post Staff| UAE-based multinational company, Crescent Enterprises, has announced the successful closing of its investment in ColubrisMX and XCath, two next-generation micro-robotic medical device companies through its newly launched corporate venture arm, Crescent Enterprises Venture Capital (CE-VC). Developed at the University of Texas Medical School’s Microsurgical Robotics Laboratory and incorporated in Texas, USA, both companies design and develop next-generation robotic technologies that are expected to revolutionise […]

|By Arabian Post Staff| In a major endorsement to Saudi economic reforms initiated by Crown Prince Mohammad Salman, a top executive of American financial giant Bank of America Merrill Lynch said Saudi Arabia’s economic transformation will be “unstoppable” and there has already been a positive shift in the Kingdom’s business culture. Hootan Yazhari, managing director of the bank’s Dubai-based research department, said there are key moves being […]

|By Arabian Post Staff|With the official implementation of Valued Added Tax (VAT) across the GCC coming into effect in January 2018, a majority of industries in the Gulf, including the burgeoning food production and manufacturing sphere, are worried about the ripple effect of the region’s first applied taxation. The Business Talks Conference will see top decision makers and market leaders gathering to outline, discuss and debate the […]

|By Arabian Post Staff|A new survey conducted by Bayt.com  and YouGov titled ‘Top Cities in the Middle East and North Africa’, revealed that Abu Dhabi and Dubai  ranked as the top cities to live and work in the Middle East and North Africa region. The ranking was based on several factors including economic, environmental, standard of living, socio-cultural and entrepreneurship factors. Overall, Dubai and Abu Dhabi ranked […]

Sheikh Mohammed bin Rashid’s new cabinet formation is predicated on a futuristic approach that lays greater emphasis on science and technology, transparency and the empowerment of women and youth. It marks a departure from the traditonal approach to governance steeped in the past rather than future. The age profile of some of those inducted into the new ministry would sound as though they are at the start […]

|By Arabian Post Staff| The combined value of the Expo 2020-related development projects has touched $33 billion (Dh121 billion) as the UAE begins the three-year countdown for the six-month-long mega global event that will kick-off on October 20, 2020, according to BNC Network, a project research and intelligence provider in the Middle East and North Africa (MENA) region. These projects include transport infrastructure, such as the expansion […]

|By Arabian Post Staff| Chestertons MENA has reported the total number of off-plan transactions in the third quarter of 2017 has increased by 86% from the previous quarter, while the value of off plan transactions was up by 118% to AED4.04 billion. “With reference to off-plan transactions, Dubai’s real estate market has witnessed seasonal peaks and troughs in the last year due to high levels of uncertainty. […]

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|By Arabian Post Staff|Trading conditions for smaller community and regional centres and non-mall retail formats have become more testing, according to the Q3 2017 Dubai MarketView by global real estate consultancy firm CBRE. As a result, retailers are increasingly looking for flexibility from landlords to help soften the impact of changes in sales volumes. But development activity across the retail sector remains buoyant with approximately 1.0 million […]

|By Arabian Post| JAFZA’s active secondary market has witnessed an increase in the number of properties available for sub-lease and sale, leading to a decline in capital values over the last 12 months, according to a report by real estate consultancy firm CBRE. Occupiers are understandably keen to take advantage of the prevailing market, to locate to newer facilities with lower rentals, better infrastructure and road connectivity. Further signs […]

|By Arabian Post Staff| Employment uncertainty and the rising cost of living continues to build deflationary pressures in the residential leasing market.  As a result, residents are becoming increasingly cautious with their spending and gravitating towards affordable housing options, according to the latest Abu Dhabi MarketView by CBRE. As of Q2 2017, average rentals declined by nearly 11% year-on-year and 3% quarter-on-quarter.  However, analysis of the market reflects […]

|By Arabian Post Staff| Following commercialisation in the 1990s, today metal 3D printing has established itself as an attractive manufacturing solution for prototyping and beyond. Metal printer manufacturers and materials suppliers are poised to capitalise on this unmet demand, with the 3D printing metals market to be worth $12B in 2028. This rapid growth is analysed and implications evaluated in the latest market intelligence report from IDTechEx Research, 3D […]

|By Arabian Post Staff| UAE’s National Bonds Corporation announced the results of its 2016 Savings Index for select GCC countries based on a survey conducted across Saudi Arabia, Bahrain, Kuwait and Oman. The results showed that the UAE recorded the highest percentage of regular savers – 37 percent – compared to 25 percent in Saudi Arabia and 27 percent in the rest of the surveyed GCC countries […]

|By Arabian Post Staff| Cancer tumours manipulate a natural cell process to promote their survival suggesting that controlling this mechanism could stop progression of the disease, according to new research by the Universities of Birmingham and Oxford. Non-sense mediated decay (NMD) is a natural physiological process that provides cells with the ability to detect DNA errors called nonsense mutations. It also enables these cells to eliminate the mutated […]

In a paper published in Science, researchers report that Titan, like Mars but unlike Earth, has not undergone any active plate tectonics in its recent past. The upheaval of mountains by plate tectonics deflects the paths that rivers take. The team found that this telltale signature was missing from river networks on Mars and Titan. (via WSJ)

Researchers pave way towards integration of 3-D holography into electronics like smart phones, computers and TVs, with development of nano-hologram 1,000 times thinner than a human hair. Source

Hydrogen is an alternative source of energy that can be produced from renewable sources of sunlight and water. A group of researchers has developed a photocatalyst that increases hydrogen production tenfold. (via WSJ)

By Jamie McGeever | LONDON LONDON The turmoil in Washington surrounding Donald Trump’s presidency is rattling world markets, and the burst of volatility could force investors into a strategic or tactical rethink of how much risk they are happy to face. Increasingly damaging revelations about the Trump administration’s and election team’s dealings with Russia triggered the biggest fall on Wall Street on Wednesday since last September and […]

Orangutans prove to be exceptionally awesome moms. One proof: they nurse longer than any other mammal, sometimes into the ninth year of life. New study findings showed that previous estimates of wild orangutan mothers nursing their offspring for up to seven years may be low. The pattern could actually last up to eight or nine years, particularly when young orangutans would supplement their diet with breast milk during […]

The grandiose reception seeks to convince Mr. Trump that his priorities are theirs, too, and that they are indispensable partners in fighting terrorism, in confronting Iran, in bolstering American businesses and perhaps even in pursuing peace between Israelis and Palestinians. Continue reading the main story “It is a remarkably buoyant moment for them,” said Stephen A. Seche, a former United States ambassador to Yemen and the executive […]

CHICAGO Wal-Mart Stores Inc reported higher-than-expected quarterly comparable sales on Thursday, helped by greater traffic at Wal-Mart and Sam’s Club stores and a rise in online sales. Sales at U.S. stores open at least a year rose 1.4 percent in the first quarter, excluding fuel. Analysts polled by research firm Consesus Metrix had forecast a rise of 1.3 percent. Earnings per share for the world’s largest retailer […]

Climate change continues to negatively impact our planet and a new study suggests that several salmon and trout species could vanish from California in the next 100 years. In the report published on Tuesday, May 16, researchers claimed that 23 out of the 31 salmon species found in the Californian waters would likely go extinct within the next century. What Is Causing The Decline In Salmon And Trout […]

Transporting methane from gas wellheads to market provides multiple opportunities for this greenhouse gas to leak into the atmosphere. Now, an international team of researchers has taken the first step in converting methane directly to electricity using bacteria, in a way that could be done near the drilling sites. (via WSJ)

Adylkuzz is believed to have infected more computers than WannaCry, using the same vulnerabilities Another large-scale, stealthy cyberattack is underway on a scale that could dwarf last week’s assault on computers worldwide, a global cybersecurity firm told AFP on Wednesday. The new attack targets the same vulnerabilities the WannaCry ransomware worm exploited but, rather than freeze files, uses the hundreds of thousands of computers believed to have […]

The vast majority of measles cases occurring in the United States can be put down to Americans who have traveled abroad without being immunized against the disease. Although measles has been officially eradicated in the United States since 2000, sporadic outbreaks continue to happen because unvaccinated people visiting foreign countries contract the disease elsewhere and bring back the virus upon returning home. This puts their families and entire […]

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