|By Raj Samani |As 2018 draws to a close, we should perhaps be grateful that the year has not been entirely dominated by ransomware, although the rise of the GandCrab and SamSam variants show that the threat remains active. Our predictions for 2019 move away from simply providing an assessment on the rise or fall of a particular threat, and instead focus on current rumblings we see […]
By K Raveendran Shashi Tharoor has just been beaten in his own game by another smart alec, who has outsmarted the sesquipedalian, probably without his even knowing about it. Yes, some people are capable of devouring their victims without them being aware until they are about to be digested. A new word has been added to Urban Dictionary to denote how lovers of jabberwocky like Tharoor dig […]
James M. Dorsey The killing of journalist Jamal Khashoggi and potential Western sanctions against Saudi Arabia has sparked renewed debate about the value of the longstanding alliance between the United States and the kingdom. The debate is not limited to the US or the kingdom, both of which are assessing the reliability of the other even if that is a debate that is waged in Saudi Arabia behind […]
|By Arabian Post Staff| Dubai CommerCity, a joint venture between Dubai Airport Freezone Authority (DAFZA) and the Wasl Asset Management Group, dedicated to e-commerce firms, says its investment value has increased by 18.5 percent to AED 3.2 billion with an increase in the total leasable area by 32.5 percent. Launched in 2017, Dubai CommerCity is an area of 2.1 million square feet located in Umm Ramool, an […]
Is the human race winning? It seems that the answer is no. We go slowly along a pathway that plays with the notion of progress. We digress constantly from focussing upon what would fix issues of division, disagreement and despair. The fundamentals are wrong. This is because we became strong believers of what deceives us. We see policies formulated on the basis of hatred, and not practicality. […]
|By Allan Leinwand| According to a recent research report from PwC, Artificial Intelligence (AI) is expected to account for approximately 13.6% of the United Arab Emirates’ GDP in 2030. However, AI is seen by many as being either a hero or a villain. On one hand, AI is currently driving nearly every CIO’s agenda because it intelligently automates work processes, making it possible to do things that have never been […]
By James M. Dorsey The Pakistani government’s removal of a virulently anti-Shiite militant from its terrorism list at the very moment that an international money laundering and terrorism finance watchdog was deciding to put the country on a watchlist highlights Pakistan’s struggle to come to grips with militancy. The decision by the Financial Action Task Force (FATF) that was reported by Pakistani media but has yet to be announced […]
Etisalat Digital announced that it has signed strategic partnerships with four scale-ups as part of the ‘Dubai Future Accelerators Program,’ the world’s largest governbment supported accelerator. The 4th cohort of the ‘Dubai Future Accelerators’, launched in March this year with the participation of Etisalat Digital and other government bodies and in cooperation with the world’s most innovative companies, came to a close on xx May. The program […]
By James M. Dorsey A Saudi Moroccan soccer spat speaks volumes about the depth of change in the Arab world. The spat over Saudi Arabia’s refusal to support a Moroccan bid for the hosting rights of the 2026 World Cup tells the tale of the rise of individual country nationalism at the expense of Arab solidarity, Saudi determination to safeguard its alliance with the United States at whatever cost, […]
By Matein Khalid A dismal legacy of civil war, sanctions, insurgency, foreign invasion and terrorism has had a catastrophic impact on the Iraqi economy. Prime Minister Haider al-Abadi told the assembled global elite at Davos 2018 that Iraq needed $100 billion in postwar construction. Yet money alone will not solve Iraq’s problems of systemic corruption, a society divided by sectarian cleavages, poverty, the displacement of 2 million […]
By James M. Dorsey Twin attacks earlier this week on Pakistani security forces in the troubled province of Balochistan cast a light on a sustained and violent campaign against police and paramilitary units as well as Shiite and Christian minorities. The attacks by groups, some of which have had links to Pakistan’s powerful military and intelligence apparatus as well as Saudi Arabia, spotlight the Pakistani state’s inability to […]
|By Anand Vardhan|Shaikha Hind Al Qassimi, member of the royal family of Sharjah, is a multifaceted personality with an enviable record as a painter, publisher and fashion designer. She has set up a number of businesses that reflect her interests, among them a fashion house that showcases exquisitely designed abayas, which combine luxurious functionality and style. Her signature brand, ‘House Of Hend’ retails in several countries in […]
Heart Disease – An infographic by GeriatricNursing.org Every year over 1.2 million people suffer from a heart attack due to coronary heart disease. The probability that a person may die from heart attack is 40 out of 100. According to the latest estimations, more than 335,000 of these heart attack patients are estimated to die even before reaching the hospital or the emergency ward. In the […]
|By Matein Khalid| I had projected a bloodbath in the US Treasury bond market since late 2016, when it was obvious that Trump’s tax reform would double the US budget deficit at the same time as the Federal Reserve prepared to “normalize” or shrink its balance sheet by $470 billion. Fiscal stimulus is often a policy ballast amid a depression, as in the early 1980’s or 2009, not […]
|By Arabian Post Staff| Gold prices were on track for their biggest weekly fall since May ahead of US employment data later that could influence the pace of US interest rate rises. The yellow metal broke below a recent trading range and tumbled through technical levels to its lowest since July as progress on US tax reform fuelled optimism about the US economy and boosted the dollar. […]
|By Matein Khalid|Emaar Properties will sell 20% of its UAE development portfolio in an initial public offering in November. This is the first IPO in the UAE capital markets in the last three years and follows bellwether offerings such as Emaar Malls and Emaar Misr. Emaar’s Dubai development’s adjusted net value is 24.1 UAE dirhams and I would not be surprised if the post IPO revalues the […]
|By Arabian Post Staff|New issues for the remainder of 2017 are estimated to be in excess of USD 20 billion, as a result of favourable market conditions, according to Fisch Asset Management. An encouraging landscape for new bond issuances in the GCC will likely see a USD sovereign deal between Saudi and Bahrain, while Oman is anticipated to confirm new issues, depending on the size of deficits. […]
Acquisition Positions JumpStart for International Growth & Expansion of its Mobile Game Offerings for Consumers and Educational Institutions Worldwide TORRANCE, CALIF. (July 6, 2017) – NetDragon Websoft Holdings Limited (“NetDragon”; Hong Kong Stock Code: 777), a global leader in building internet communities, announced that it has acquired JumpStart, the leader in learning-based games for kids. A major player in the global online and mobile learning space, NetDragon […]
|By Arabian Post Staff| Gold plunged after trading volume hit 1.8 million ounces in just one minute and gold traders were shaken by the plunge, Bloomberg reported. Gold traders shaken awake by Monday’s rapid price plunge said the move probably won’t mean an end to the sleepy pace that’s characterized the market in recent months. Bullion sank at 9 a.m. in London on Monday after a huge spike […]
Facebook’s family of apps are moving in together. Facebook, Messenger and Instagram are each testing a feature that shows notification counters from the other apps and lets you instantly switch between them. The feature could boost engagement across the apps by using those maddening red notification jewels to constantly remind you there’s something to see in the other apps. This way if you miss or dismiss an […]
When The Washington Post broke the story this week that President Trump shared highly classified intelligence from a U.S. ally with Russia, not everything the reporters knew made it into print. Halfway through the story, this paragraph referring to the ISIS plot revealed by Trump appeared: “The Post is withholding most plot details, including the name of the city, at the urging of officials who warned that […]
Google Home was announced a year ago as an Alexa competitor that would serve as the foothold for the company’s new ambient search experience. The Home seemed likely to be a powerful competitor for Amazon Echo given the resources at Google’s disposal. That didn’t happen. When the Home launched, it was indeed stylish and produced well-rounded sound. But we at PCMag were confounded by its seemingly obvious […]
A recent poll put Mr. Raisi in second place in the race for the presidency, with 27 percent of the projected vote. The same poll, by the Iranian Students Polling Agency, projected that the incumbent president, Hassan Rouhani, will get around 42 percent, depending on the turnout on Friday. Continue reading the main story On Monday, though, the second-most-popular conservative in the race, Mohammad Bagher Ghalibaf, the […]
Young Indonesians, frustrated by the country’s lack of progress (or even perceived regression in development) often invoke a refrain along the lines of, “While other countries are focusing on things like getting people to Mars, we are fighting over (religion / blasphemy / corruption etc).” It seems President Joko Widodo feels similarly. Yesterday, while speaking with the editorial heads of several major Indonesian media outlets, Jokowi mentioned that […]
