Leading Saudi IT firm achieves 20pc growth RIYADH, 21 hours, 18 minutes ago Al Falak Electronic Equipment & Supplies Company, a leading IT and communications solution provider, said it has registered a growth average of 20 per cent for the last three years. The company has been witnessing continuous growth in its operations in both Saudi Arabia and the rest of the GCC region over the last […]
As Google Chairman Eric Schmidt hit the interview trail this week to promote his new book, he addressed a number of contentious topics including WikiLeaks founder Julian Assange and the ever-escalating battle between his company and Apple. Schmidt was on Bloomberg TV Wednesday to talk about “How Google Works: The Rules for Success in the Internet Century,” a book he co-wrote with Jonathan Rosenberg. When mention was […]
Airlines like Emirates (pictured above) and Etihad are leading the expansion of the Arab world’s carriers. European Pressphoto Agency Airlines of the Arab world will carry double the number of passengers by 2026 as the region’s carriers, particularly those of the Persian Gulf, buy hundreds more planes and governments invest in airports on the ground. That’s according to the latest figures from the Beirut-based Arab Air Carriers […]
Staying in touch with technology is crucial for success The five must-have tools for everyone in real estate RIYADH, 1 days ago As new technologies continue to evolve, the necessary tools for success in the real estate industry have developed. It has become essential for real estate agents, developers, buyers, and sellers to take advantage of the features provided by the innovative apps, devices, and technology that […]
Several factors could stimulate growth in the sector toas many as two billion by 2020. M2M connections to account for 10pc of mobile market ATLANTA, 1 days ago Cellular machine-to-machine (M2M) communications will account for at least 10 per cent of the global mobile market by 2020, according to a new study by GSMA Intelligence, the research arm of the GSMA. The study, entitled ‘Cellular M2M forecasts […]
How do you take sales away from a dominant company like Apple? One way might be to beat Apple’s signature product to market with one of your own. That seems to be the thinking by Samsung as it prepares to launch its new Galaxy Note 4 “phablet” ahead of schedule in China and South Korea this week. With early sales success by Apple with its iPhone 6 […]
The Dow Jones Industrial Average (DJIA) Index is the only stock market index that covers both the second and the third industrial revolution. Calculating share indexes such as the Dow Jones Industrial Average and showing this index in a historical graph is a useful way to show which phase the industrial revolution is in. Changes in the DJIA shares basket, changes in the formula and stock splits […]
Smartphone producers in China are closing in on market leaders Samsung and Apple. This is based on a large home market with above-average growth. Potential is even higher in India and Latin America. Today, the spotlight is on the two largest mobile telephone manufactures – Samsung and Apple – with their latest Galaxy and iPhone models. These smartphones are likely to sell in the millions, but this […]
Google has reportedly turned to HTC to develop its next Nexus tablet, the 9-inch Nexus 9. According to an article Monday in The Wall Street Journal, HTC engineers have been visiting Google’s headquarters in Mountain View, California, “in recent months.” If true, the report is noteworthy because HTC currently focuses largely on smartphones and accessories. Its last foray into the tablet market ended in disappointment: The Android-based […]
A project displayed at Cityscape Global 2014. Rory Jones for The Wall Street Journal Dubai’s showcase annual real-estate event appears to offer more substance than style this year: Cityscape Global had fewer glitzy property launches on day one than last year, and there were no backroom scuffles as investors scrambled to snap up units of premier developers. There was still plenty of real estate for sale as […]
DIFC Investments LLC, which owns properties in the Dubai International Financial Center business park, said it plans to raise about $700 million from an Islamic bond sale to repay debt and fund development as borrowing costs decline. The state-controlled company, which is planning to issue the sukuk before the end of October, will use the proceeds to repay the $650 million outstanding on a syndicated loan, DIFC […]
The start of the United Arab Emirates’ first consumer credit-rating bureau last week will help banks better deal with bad loans six years after one of the world’s worst property crashes. “Banks will intensify their analysis of their existing portfolios,” Marwan Ahmad Lutfi, chief executive officer of the Al Etihad Credit Bureau said in an interview in Dubai today. The reports will allow banks to decide how […]
Chinese-backed hackers infiltrated the computer networks of airline, shipping and information technology companies responsible for transporting personnel and weapons for the U.S. military, a Senate investigation found. There were 20 such breaches from June 2012 to May 2013, giving the hackers insight into military logistics and a foothold that could be used to disrupt operations, according to a report today by the Senate Armed Services Committee. While […]
As PayPal girds up to go after a big new rival in the online payment arena, it’s doing so by taking shots at that competitor’s security track record. Not long after Apple unveiled Apple Pay, its new contactless payment system, PayPal took out a newspaper advertisement slamming the new service. Apple Pay, suggests the ad, is no more safe than a selfie in the iCloud, making reference […]
‘Yes’ supporters demonstrate outside BBC Scotland’s headquarters in Glasgow, calling for the sacking of the BBC’s political editor, Nick Robinson Photo: Rex Features The significance of tomorrow’s referendum on Scottish independence is impossible to exaggerate. Scots will be faced with a choice whose consequences will echo down the ages – namely, whether to break apart a Union that has stood for more than 300 years, and instead become […]
By Eric Auchard and Harro Ten Wolde FRANKFURT Tue Sep 16, 2014 7:51pm IST An illustration picture shows the logo of car-sharing service app Uber on a smartphone next to the picture of an official German taxi sign in Frankfurt, September 15, 2014. Credit: Reuters/Kai Pfaffenbach FRANKFURT (Reuters) – A Frankfurt judge has lifted a temporary injunction on online taxi service Uber, only two weeks after […]
Edinburgh in the sunshine Photo: AP In bright sunshine this past week, the cobbled pedestrian streets of Edinburgh and the bustling byways in and around the Royal Mile have been thronged with students getting to know Scotland’s historic capital. Students like me, eager to start this new chapter in our lives while enjoying the cheap alcohol and easy socialising that comes with Fresher’s Week. However, behind the carnival […]
More and more places in Hong Kong now accept Chinese yuan Photo: ALAMY Lord Patten was the last governor of Hong Kong, and still, it seems, has a keen interest in its affairs. He has written a piece for The Financial Times, extolling his views on Britain’s “moral and political obligation” to its former colony. But his words, like his actions as governor, reveal that he never understood […]
|By TAP Staff| Just over a year ago, China’s Xiaomi was little more than a mid-sized smartphone-maker with an odd name (Xiaomi means “millet”), trailing household brands such as Samsung, Lenovo, Coolpad and others. During the first six months of 2014, however, this four-year old company sold 26m smartphones, propelling it to pole position in the Chinese market. Next year, Lei Jun, its founder and CEO, expects […]
Secretary of State John Kerry and Sameh Shoukry, the Egyptian foreign minister, in Cairo. By MICHAEL R. GORDON and DAVID D. KIRKPATRICK September 13, 2014 CAIRO — Secretary of State John Kerry received broad assurances but no public commitments from Egypt on Saturday as he continued his tour of the Middle East to try to assemble a coalition behind an American campaign against the extremist group known as the Islamic State in Iraq […]
By K Raveendran at CeBIT Eurasia, Istanbul Turkey’s Aktif Bank has no branches. In fact, in 2007, when the bank embarked on its journey, it did not even have a signboard. But today, the bank has one of the country’s fastest growing customer bases and every man on the street is its potential customer. Modelled as a ‘shop in shop’, its products and services are sold by […]
President Barack Obama told Americans on Wednesday he had authorized U.S. airstrikes for the first time in Syria and more attacks in Iraq in a broad escalation of a campaign against the Islamic State militant group. Obama’s decision to launch attacks inside Syria, which is embroiled in a three-year civil war, marked a turnabout for the president, who shied away a year ago from airstrikes to punish […]
The 1980s and 1970s were many things – but only a fool, wallowing in a Slush Puppie vat of nostalgia, could claim they were a golden age of childhood Crouching over a tape recorder in an attempt to capture the Top 40 on a TDK magnetic cassette; writing letters to an overseas penfriend; popping down to Boots to have your holiday snaps developed. These are just some […]
A new set of figures was published last week. The figures were released without much fanfare, but they are potentially explosive: a rising proportion of premature babies born at 23 weeks are surviving. More accurately, Britain’s best neonatal units are saving them. Freedom of information requests from 25 hospitals revealed that 120 babies born at 23 weeks survived over the past four years (likely to be more […]
