|By TAP Staff| Dubai added to its financial market profile when Bank of America-Merrill Lynch announced on Monday it was moving its head of frontier markets research to the city. The move reflects the bank’s plan to take advantage of growing investor interest in the Gulf and surrounding region. Global firms have been strengthening their presence in the wake of surging stock markets, index upgrades and most […]
Google is bringing its two operating systems — Android and Chrome — closer together with the release of its first four Android apps for Chromebooks. Announced last Thursday, the new Android apps for Chrome OS include the language education app Duolingo; Sight Words, a vocabulary learning app for children; the workplace productivity tool Evernote; and the video creation and sharing app Vine. “These first apps are the […]
By Nivedita Bhattacharjee and Tommy Wilkes NEW DELHI/MUMBAI Mon Sep 15, 2014 6:12pm IST 1 of 4. Visitors look at Android One Based mobiles after its launch in New Delhi September 15, 2014. Credit: Reuters/Anindito Mukherjee NEW DELHI/MUMBAI (Reuters) – Google Inc(GOOGL.O) launched in India on Monday a $105 smartphone, the first device from its “Android One” initiative which is aimed at boosting sales in key emerging […]
UAE. Two-thirds (66 percent) of millennial high-frequency travellers rate “unique rewards” as an important factor when choosing a hotel loyalty program, compared with just 43 percent of their older counterparts, according to a new Deloitte study, “Winning the Race for Guest Loyalty”. “Our study indicates that customers are waiting to see which program will provide them with the greatest relevant rewards before they commit to a brand, […]
|By Winfried Weber| German Mittelstand has become a new role model for managers from all over the world. A pilot study of Mannheim Institute of Applied Management Research found that mostly managers from Asia and emerging countries are attracted by the German Mittelstand model and send delegations to learn more about it. They come directly to Germany as the management education programs taught at business schools or […]
When Saudi Arabia lowered its oil prices last week, analysts declared that the No. 1 oil producer was more focused on maintaining its share of a well-supplied global market than on keeping prices at $100 a barrel or higher. AFP/Getty Images “It is fair to say that the kingdom is not in a rush to cut production soon,” said London consulting firm Energy Aspects in a note […]
Global retail revenue from smart wearable devices will triple in volume by 2016 before eventually reaching $53.2 billion in sales by 2019, according to Juniper Research. The findings were published in a new report, “Smart Wearable Devices: Fitness, Glasses, Watches, Multimedia, Clothing, Jewelry, Healthcare & Enterprise 2014-2019.” The report maintains that the recent entry of key industry players within the wearables sector — such as Apple, which […]
A new computer Trojan may be targeting clients of Salesforce.com, the company announced in a security warning posted on its Web site. The malware, known as Dyre or Dyreza, appears to be a variation of the previously known Zeus Trojan, which had been known to target banking Web sites in search of financial accounts. According to Salesforce, the vulnerability was discovered by one of its security partners […]
Dubai’s boom-and-bust real estate market can land you at the wheel of a Rolls-Royce or behind bars. Kabir Mulchandani should know: he’s experienced both. Five years after spending 140 days in jail facing charges of fraud and embezzlement for which he ultimately was cleared, the chairman of developer SKAI Holdings stands at a building site watching cranes start work on one of the company’s three projects. They […]
Apple Inc. (AAPL)’s prospects seem a lot brighter than they were the last time Tim Cook introduced an iPhone. When Chief Executive Officer Cook unveiled two new smartphone models 12 months ago, Apple’s stock was slumping and the company was losing market share to Samsung Electronics Co. and low-cost manufacturers such as Xiaomi Corp. Questions abounded about whether Apple could keep innovating without co-founder Steve Jobs. Fast […]
An executive holds the Syqe inhaler at the company’s office in a Tel Aviv industrial complex. In the background is an empty floor room being readied to produce the first models. Josh Mitnick for The Wall Street Journal Doctor-prescribed joints might one day become a relic of the past if cannabis technology venture Syqe Medical Ltd. has its way. The government backed start-up, an outgrowth of Israel’s […]
General Motors Co., the largest U.S. automaker, will introduce a Cadillac model in two years that can travel on the highway without the driver holding the steering wheel or putting a foot on a pedal. The 2017 Cadillac model will feature “Super Cruise” technology that takes control of steering, acceleration and braking at highway speeds of 70 miles per hour or in stop-and-go congested traffic, Chief Executive […]
By Nivedita Bhattacharjee MUMBAI Wed Sep 3, 2014 11:01am IST Android mascots are lined up in the demonstration area at the Google I/O Developers Conference in the Moscone Center in San Francisco, California, May 10, 2011. Credit: Reuters/Beck Diefenbach/Files MUMBAI (Reuters) – Google Inc’s (GOOGL.O) partnership with three Indian phone makers is set to rev up fast-growing demand for lower priced smartphones, and spell more trouble for […]
By Christina Farr and Edwin Chan SAN FRANCISCO Wed Sep 3, 2014 7:44am IST The Apple logo is pictured at a retail store in the Marina neighborhood in San Francisco, California April 23, 2014. Credit: Reuters/Robert Galbraith/Files SAN FRANCISCO (Reuters) – Apple Inc (AAPL.O) has often displayed uncanny timing, with its well-orchestrated end-of-year iPhone releases. But the leak of racy celebrity photos in the past few days […]
By Wall Street Breakfast: Outstanding Performance Article Rewards We’re excited to announce our latest two Outstanding Performance award winners. Each author receives $2,500. Read more about our Outstanding Performance award winners here. Winner #1: Long idea on TPL (Texas Pacific Land) by Investing 501, published May 30, 2013. Return to date: +148% Winner #2: Short idea on IRG (Ignite Restaurant Group) by Volte-Face Investments, published May 12, […]
|By TAP Staff|The global Sukuk industry is expected to be one of the fastest growing segments of the Islamic finance industry with huge growth potential in the Gulf Cooperation Council (GCC) region, according to a report by the Dubai Chamber of Commerce and Industry. This is particularly true of Dubai where Sukuks are expected to play an important role over the next decade in securing funds for […]
By Benjamin Clark: There are a number of great companies in the market today. By using the ModernGraham Valuation Model, I’ve selected five companies with low PEmg Ratios which have been determined to be undervalued based on a formula taught by Benjamin Graham. This video explains what the PEmg Ratio is. Each company has been determined to be suitable for the Defensive Investor, according to the ModernGraham […]
KUWAIT. A recent report issued by KFH Research, a subsidery for KFH Group, sees continued positive outlook for the Kuwaiti construction industry, on the back of strong domestic demand in the Kuwaiti economy and a pick-up in government capital spending. Overview and Outlook “While we remain fundamentally cautious about the country’s medium-term investment outlook, we note that higher growth in bank lending over the last few months […]
LEBANON. Byblos Bank issued today, in cooperation with the American University of Beirut through the Olayan School of Business, the results of the Byblos Bank/AUB Consumer Confidence Index for the first half of 2014. The results show that the Byblos Bank/AUB Consumer Confidence Index improved marginally in January and February, picked up pace in March and April, and regressed in May and June 2014. The Index reached […]
A cluster bomb was spotted at the Taftanaz air base in Syria after rebels seized the site last year. By RICK GLADSTONE August 27, 2014 Cluster bombs, outlawed munitions that kill and maim indiscriminately, have caused more casualties in the Syrian civil war than in the 2006 Lebanon conflict, when Israel’s heavy use of the weapons hastened the treaty banning them two years later, a monitoring group said Wednesday. […]
It’s slim, sleek, black and silver, and comes with Bluetooth. But unlike the latest mobile phone, you won’t be showing off the Black Pro 6500 to anyone outside your bathroom. This hi-tech gizmo from Oral-B – which has its own app – is the latest in toothbrush technology, and has a £250 price tag to match. It claims to be able to strip 100 per cent more […]
SAUDI ARABIA. Saudi Arabia set out draft proposals on foreign-shareholder limits as one of the world’s most restricted stock markets prepares to open its doors for the first time to investors outside the region. The Capital Market Authority may cap foreign ownership of a single stock to 49 percent, it said in plans posted on the Riyadh-based regulator’s website today. It may also set a 5 percent […]
The execution of U.S. journalist James Foley by someone with a British accent has sparked soul-searching in the U.K. as to how and why the country has become an exporter of extremists to the Middle East. Prime Minister David Cameron vowed to redouble efforts to stop radicalized Britons traveling to Iraq and Syria to “take part in extremism and violence.” “The fundamental problem is as long as […]
By IMD: By IMD Professor Arturo Bris In the summer of 2008, the US financial sector suffered one of the most damaging events in its history. The volatile stock market, induced by the subprime market, led to the default of Lehman Brothers, and subsequently to a massive global crisis. We are now in a post-crisis period. Yet, looking back to between 1945 and 2008, we see that […]
