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Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // Hong Kong mandates crypto transaction disclosures to tax authorities // UK air traffic outage inflicted £33m financial losses // Cloudflare unveils Zero Wire vulnerability intelligence service // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Private varsities bill all set to face the axe // TVM –Mangaluru Vande Bharat claims top spot // Kochi police detain two actors over bid to honey trap doctor // Vance attributes Republican midterm defeats to Iran conflict // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // OpenAI identifies 948 Linux privilege escalation flaws using AI // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // Dubai boat show confirms international shipyard line-up for November // Millions Of Indians May Soon Be Deprived Of Government Assistance // APT29-linked campaign exploits outdated Apple and Android software // SC to examine students’ exam plea today // Emirates Group records AED 4.1 billion half-year profit // Meraas showcases five residential zones at Dubai Design Week //

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INTERNATIONAL. Gleaming glass skyscrapers, state-of-the-art technology, and wealthy merchant families have replaced the Gulf’s muddy towns and villages populated by traders and pearl fishers that once lacked electricity, running water or modern communications. The region’s modern day projection of a visionary cutting- edge, 21st  century urban environment masks however the fact that some things have not changed. Gulf states continue to be ruled by the same families, […]

UAE.  One of the most powerful gatherings of Arab region and international minds will convene in Abu Dhabi, the capital of the United Arab Emirates, next month (October) for a Summit which is aimed at producing recommendations for a blueprint to reposition the Arab world’s standing within the global landscape. Running October 10 and 11 at The St. Regis Abu Dhabi, Beirut Institute Summit will probe a […]

Contrary to common portrayals of the madding crowd, people caught in an unfolding catastrophe usually summon their best selves, keep cool heads and look out for those around them, according to decades of research into crowd reactions during earthquakes, fires, floods, bombings and other threats. It had not been reported exactly what touched off the panic that killed more than 700 people on Thursday near Mecca, Saudi […]

WASHINGTON — As the war in Iraq deteriorated, a senior American intelligence analyst went public in 2005 and criticized President George W. Bush’s administration for pushing “amateurish and unrealistic” plans for the invasion two years before. Now that same man, Gregory Hooker, is at the center of an insurrection of United States Central Command intelligence analysts over America’s latest war in Iraq, and whether Congress, policy makers […]

UAE. The Middle East & North Africa ranks well above North America, Europe and Latin America in terms of market growth opportunities according to the Grant Thornton Global Dynamism Index (GDI) 2015. However, the region is lagging behind on a number of other indicators including labour market and financing environment.   The GDI – which combines 22 indicators across five growth areas to identify the best business growth […]

UAE. Switzerland, the United Kingdom, Sweden, the Netherlands and the United States of America are the world’s five most innovative nations, according to the Global Innovation Index 2015, while China, Malaysia, Viet Nam, India, Jordan, Kenya, and Uganda are among a group of countries outperforming their economic peers. The GII 2015 looks at “Effective Innovation Policies for Development” and shows new ways that emerging-economy policymakers can boost […]

UAE. Standard & Poor’s Ratings Services said today that although it expects that some corporates and infrastructure issuers in the Gulf Cooperation Council (GCC) will likely feel the weight of lower oil prices, most of its rated entities show resilient financials for now, in an industry report card published today titled, “Some Gulf Corporates Could Feel The Heat On Low Oil Prices.” Corporate and infrastructure companies in the […]

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QATAR. On Sept. 18, 2015, Standard & Poor’s Ratings Services affirmed its ‘AA’ long-term and ‘A-1+’ short-term foreign and local currency sovereign credit ratings on the State of Qatar. The outlook is stable. We also affirmed the ‘AA’ long-term issue ratings on the bonds issued by Qatari Diar Finance Q.S.C. and SoQ Sukuk A Q.S.C. RATIONALE Qatar is a wealthy economy; we estimate its GDP per capita […]

INTERNATIONAL. Emerging Asian economies remain a challenging operating environment according to new risk ratings released today. In their first jointly produced economic and political risk ratings, Oxford Economics and Control Risks have evaluated the outlook for 164 countries worldwide, producing for each country a score based on a weighting of key political, economic, business and security risks. The ratings, drawn from the new Economic and Political Risk […]

The new Apple iPhone 6S and 6S Plus are displayed during an Apple media event in San Francisco, California, September 9, 2015. Reuters/Beck Diefenbach SAN FRANCISCO/SYDNEY A significant number of Apple Inc customers are reporting their mobile devices have crashed after attempting to upload the new iOS 9 operating system, the latest in a line of launch glitches for the tech giant. Twitter and other social media […]

The Federal Reserve kept its policy interest rate unchanged, showing reluctance to end an era of record monetary stimulus in a time of market turmoil, rising international risks and slow inflation at home. “Recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on inflation in the near term,” the Fed said in its statement. Thursday’s action signified […]

Russian Hackers Targeting U.S. Government, F-Secure Says State-sponsored cyberattacks have been tied directly to a hacking group that gathers intelligence for Russia’s Kremlin. F-Secure Labs has just published a white paper that outlines seven years of attacks against governments in the United States, Asia and Europe. A malicious group called the Dukes uses a family of malware toolsets to steal information by infiltrating computer networks and sending […]

A recently discovered vulnerability in Android Lollipop allows an attacker to bypass the password lockscreen on a mobile device and gain full access. The flaw was discovered by a security researcher at the University of Texas at Austin, who said he has already alerted Google about his findings. The exploit requires an attacker to have physical access to the device but it will only work if the […]

|By TAP Staff| Global investors’ confidence in the world’s economic outlook has fallen significantly due to concerns over China and emerging markets, according to the BofA Merrill Lynch Fund Manager Survey for September. Asset allocators have adopted a “risk-off” stance in response. Some of the responses are: Threat of recession in China increases as biggest tail risk; concern over a potential emerging markets debt crisis also rises […]

The Cisco Systems logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, May 4, 2015. Reuters/Jim Young/Files FRANKFURT Security researchers say they have uncovered clandestine attacks across three continents on the routers that direct traffic around the Internet, potentially allowing suspected cyberspies to harvest vast amounts of data while going undetected. In the attacks, a highly sophisticated form of […]

CAIRO — The mistaken airstrike by the Egyptian military that killed a dozen people on a Mexican tourist trip in the Western Desert hit at a picnic in the middle of the day, witnesses said Monday, raising new questions about both the extent of the error and the official explanations. The convoy of four sport utility vehicles was about three hours southwest of Cairo on a typical […]

RAMALLAH, West Bank — A Jewish man died early Monday morning after attackers pelted the road he was driving on with rocks as he was returning home from a dinner celebrating Rosh Hashana, the Jewish New Year, the Israeli authorities said. Prime Minister Benjamin Netanyahu called an emergency meeting to discuss rock-throwing, mostly by Palestinian youths. The man was identified in local news reports as Alexander Levlovich, […]

HAJJA, Yemen — The airstrike slammed into Al-Sham water-bottling plant at the end of the night shift, killing 13 workers who were minutes away from heading home. Standing among the strewn bottles, smoldering boxes and pulverized machines a few days after the airstrike here, the owner, Ibrahim al-Razoom, searched in vain for any possible reason that warplanes from a Saudi-led military coalition would have attacked the place. […]

LEBANON. On Sept. 11, 2015, Standard & Poor’s Ratings Services revised its outlook on the Republic of Lebanon to negative from stable. At the same time, we affirmed our ‘B-/B’ long- and short-term foreign and local currency sovereign credit ratings. RATIONALE The outlook revision stems from our view that political uncertainty in Lebanon and regional tensions will continue to weigh on economic growth in the mediumterm. In […]

Middle East News Analysis By PETER BAKER and JULIE HIRSCHFELD DAVIS September 11, 2015 WASHINGTON — Having beaten back a congressional campaign to derail his nuclear agreement with Iran, President Obama now faces a panoply of challenges that may be just as daunting: making the deal actually work while repairing relations with disaffected allies and constraining Tehran’s regional ambitions. He got started Friday even as the House was still voting by announcing […]

DUBAI // Fears over what effect overhead power lines could have on the health of families dominate the concerns of Emiratis in Al Barsha as campaigning for votes in the October 3 election to the Federal National Council gains pace. Residents would like detailed studies on the impact of overhead pylons on nearby homes. “Our whole family stays in villas facing the power lines, we have neighbours […]

Russian-speaking hackers with the cyberespionage group Turla have found a way to exploit weaknesses in global satellite networks to steal data while disguising the locations of their computers, the security firm Kaspersky Lab has revealed. Researchers at the firm said the hacking group, which has infected hundreds of computers in nearly four dozen countries over its eight-plus years of operation, has found an “exquisite” way to steal […]

Middle East By DAVID M. HERSZENHORN September 9, 2015 WASHINGTON — House Republican leaders on Wednesday postponed debate on President Obama’s landmark nuclear accord with Iran amid a revolt by some Republicans who claimed the White House had not disclosed secret side agreements on the deal. The delay of the historic debate because of Republican infighting opened a new twist in the White House’s effort to move forward with the […]

UAE.  JLL, the world’s leading real estate investment and advisory firm, has today published a special report on the middle-income housing segment in the Middle East and North Africa region. The report highlights the social and economic impact of a marked shortfall in the required supply of middle-income housing, suggesting that significant efforts are needed to address the current imbalance. The report clearly outlines that this shortage […]

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Just in:
Cloudflare unveils Zero Wire vulnerability intelligence service // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // APT29-linked campaign exploits outdated Apple and Android software // Middle East governments assess Iran war after US vote // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // Hong Kong mandates crypto transaction disclosures to tax authorities // UK air traffic outage inflicted £33m financial losses // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // SC to examine students’ exam plea today // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // Meraas showcases five residential zones at Dubai Design Week // Millions Of Indians May Soon Be Deprived Of Government Assistance // Kochi police detain two actors over bid to honey trap doctor // Private varsities bill all set to face the axe //