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UK air traffic outage inflicted £33m financial losses // TVM –Mangaluru Vande Bharat claims top spot // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction Vision for Gasoline-Powered Vehicles // Democrats Gearing Up For 2028 Presidential Elections To Gain Full Power // Beyond the exhibition floor: How robots, AI and networks are moving into the real world // Technology shares plunge as Nasdaq enters correction // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Millions Of Indians May Soon Be Deprived Of Government Assistance // Emaar approves Development buyout ahead of planned delisting // Elephant calf on death line airlifted for treatment in Gujarat // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // Kochi police detain two actors over bid to honey trap doctor // Ousted top Kochi cop gets IG post // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Battle Uttar Pradesh Will Be Tougher For Yogi Than Expected // OpenAI introduces GPT-6 Cyber with restricted security access // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // Oil advances towards $100 as tanker attacks persist //

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Emirates NBD generates financial report 30pc faster with MDS DUBAI, 4 days ago Emirates NBD has generated its year-end financial statements 30 per cent faster than the previous year, working with the MDS ap, an exclusive partner on the SAP Business Analytics Portfolio of products. The application allowed it to manage critical disclosures and heighten trust and transparency for investors, said a statement. Surya Subramaniam, group chief […]

Crayon, LiveRoute partner to offer Microsoft cloud DUBAI, 3 days ago Crayon Middle East, part of Crayon Group, the global leaders in Software Asset Management (SAM), has announced LiveRoute, a Mideast-based cloud solutions provider as its Microsoft Office 365 deployment partner in the region. The collaboration with LiveRoute will secure clients an all-inclusive solution for Microsoft Cloud services starting from acquiring the right licenses to full deployment […]

Vodafone Qatar saw a net loss of $18.1 million in the threemonths to March 31 Vodafone Qatar Q4 net loss widens DOHA, 3 days ago Vodafone Qatar, an affiliate of Vodafone Group, reported a wider fourth-quarter loss on Wednesday. The company, which ended state-controlled Ooredoo’s domestic monopoly in 2009, made a net loss of QR66 million ($18.1 million) in the three months to March 31, according to […]

Cisco appoints new MD for Mideast operations MANAMA, 3 days ago Cisco has appointed Ziad Salameh as managing director to lead its Gulf (Oman, Kuwait and Bahrain), Levant, Pakistan and Iraq region and Middle East services. Salameh’s focus will be on driving growth for Cisco as it supports Middle East countries in building a robust national broadband infrastructure, said a report in the Gulf Daily News (GDN), […]

Political unrest dents business confidence in region DUBAI, 3 days ago Political turmoil and instability in the region have led to a drop in business confidence in the UAE and Middle East in the first quarter (Q1) of 2015, according to a new survey of finance professionals. The Global Economic Conditions Survey for the first quarter of 2015, carried out by ACCA (the Association of Chartered Certified […]

Adams … master-planning is important for sustainable developments. Master-planning key to sustainable mixed-use projects DUBAI, 3 days ago The Middle East has a unique set of challenges and opportunities with regard to creating large, mixed-use developments, says Louise Adams, former country manager UAE at Aurecon, an engineering, planning, project management and consulting company. Adams describes the importance of investing in master-planning, some of the current opportunities and […]

BAHRAIN. Fitch Ratings has downgraded Bahrain’s Long-term foreign currency Issuer Default Rating(IDR) to ‘BBB-‘ from ‘BBB’ and Long-term local currency IDR to ‘BBB’ from ‘BBB+’. The Outlooks are Stable. The issue ratings on Bahrain’s senior unsecured foreign and local currency bonds have also been downgraded to ‘BBB-‘ from ‘BBB’ and ‘BBB’ from ‘BBB+’, respectively. The agency has simultaneously affirmed Bahrain’s Country Ceiling at ‘BBB+’ and Short-term foreign […]

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A sign in Bethlehem, in the West Bank, calls for a boycott of products from Israeli settlements in the occupied territories. By RICK GLADSTONE June 5, 2015 South Carolina has become the first state to enact legislation aimed at thwarting an international pro-Palestinian economic and disinvestment campaign intended to penalize Israel. Illinois will soon become the second, and advocates say plans are underway for similar laws in 18 more […]

Customer Hajime Shimada uses his newly purchased Apple Watch in front of Dover Street Market Ginza in Tokyo April 24, 2015. Reuters/Issei Kato NEW YORK When Maximo Cavazzani, creator of the popular mobile game Trivia Crack, learned about Apple Inc’s (AAPL.O) plan for a new smart watch, it seemed like a logical step to adapt his game for the new product. But the little watch had some […]

June 4, 2015 Open Source By ROBERT MACKEY While many Israelis were enraged by comments from the chief executive of the French telecommunications company Orange, who told journalists in Egypt that he would like to cut ties to an Israeli cellphone service provider that operates in the occupied West Bank, pro-Palestinian activists working to isolate Israel argued that the statement was insufficient. The Orange chief executive, Stéphane […]

Shares in Dubai Islamic mortgage provider Amlak Finance fell sharply as they resumed trading on Tuesday after being suspended for nearly six years. The stock tumbled as much as 23.5 percent shortly after opening but then pared losses to 14.7 percent. It topped trading volumes on the emirate’s bourse, whose main index slipped 0.2 percent. Trading in Amlak, part-owned by Dubai’s biggest developer Emaar Properties, was halted […]

Shreyas Shipping & Logistics, part of Dubai headquartered global conglomerate Transworld Group, posted impressive results for last year. For the financial year ended 31st March, 2015, Shreyas posted a consolidated turnover of Rs.5.45.billion as against Rs.4.87 billion for the year ended 31st March, last year. Profit After Tax was recorded at Rs.617.5 million, compared to a loss of Rs.43.2 million last year. This is the company’s best ever performance till […]

By JODI RUDOREN May 31, 2015 JERUSALEM — Prime Minister Benjamin Netanyahu of Israel said on Sunday that his country faces “an international campaign to blacken its name” based not on his policies toward the Palestinians but “connected to our very existence,” likening the mounting boycott movement to anti-Semitic “libels” of earlier eras. Speaking to his cabinet after Israel’s successful diplomatic blitz to block a Palestinian bid to suspend […]

Pakistani volunteers tried to identify the bodies of some of the 22 people killed Friday night in attacks in Baluchistan. By SALMAN MASOOD and ZIA ur-REHMAN May 30, 2015 ISLAMABAD, Pakistan — Tensions were running high on Saturday in southwestern Pakistan after dozens of heavily armed gunmen, wearing the uniforms of security forces, stopped two buses, singled out ethnic Pashtuns and fatally shot at least 22 of them on Friday night. […]

UAE. Etihad Airways, the national airline of the United Arab Emirates, achieved its strongest financial results to date in 2014, posting a net profit of US$ 73 million on total revenues of US$ 7.6 billion, up 52.1 per cent and 26.7 per cent respectively over the previous year. 2014 PEFORMANCE SUMMARY OF ETIHAD AIRWAYS *The above results represent the standalone airline business within the newly formed Etihad […]

Mena M&A value rises 9pc to $8.9bn in Q1 DUBAI, 23 days ago Announced deal value in Mena increased to $8.9 billion in the first quarter (Q1) of 2015 from $8.2 billion during the same period last year, marking an increase of 9 per cent, a report said. In Q1 2015, 90 deals were announced as compared with 89 deals in Q1 2014, according to the Q1 […]

Op-Ed Contributor By NICHOLAS MCGEEHAN May 28, 2015 LONDON — On May 11, the Lebanese artist Walid Raad was turned away at the airport when he tried to enter the United Arab Emirates, where the government is making a big investment in art with the Saadiyat Island project. The project, in the capital, Abu Dhabi, will include branches of the Louvre and the Guggenheim as well as a campus […]

A worker adjusts the logo at the stand of Huawei at the CeBIT trade fair in Hanover March 15, 2015. Reuters/Morris Mac Matzen/Files BANGKOK China’s Huawei Technologies, the world’s No. 2 telecom equipment maker, expects total shipments of smartphones in southeast Asia to rise 160 percent to 8 million units in 2015, boosted by strong demand in Myanmar, it said on Thursday. In the first quarter, Huawei […]

HR technology trends in focus at Dubai summit DUBAI, 22 days ago The latest trends in implementing technology for human resources (HR) function in the Middle East and North Africa (Mena) region will be shared exclusively at a conference in Dubai, UAE next week. The HR Tech Mena, under the theme ‘Smart HR Evolution,’ will take place on May 13 and 14 at the Taj Towers Dubai, […]

Travel tech firm moves to Microsoft Azure cloud technology DUBAI, 22 days ago Microsoft has signed a strategic deal with Illusions, a Dubai-based travel tech firm, to support the transfer of the company’s entire business operating platform onto Microsoft’s cloud technology, Azure, an initiative aimed at enhancing productivity and client satisfaction. The move to Azure will incorporate the existing system on which Illusions operates to provide services […]

Derek Donahue ….. Satcom EEMEA region’s regional director Satcom Direct appoints new regional director DUBAI, 22 days ago Satcom Direct, the leading provider of satellite voice and broadband data solutions for flight deck and cabin communications, has appointed Derek Donahue as its regional director for the Eastern Europe, Middle East and Africa (EEMEA) region. Currently based in the Dubai office, Donahue’s new role has him managing the […]

ABU DHABI // The National Election Committee (NEC) has set up branches in all seven emirates to publicise the Federal National Council elections being held in October. The offices will improve communication between the NEC and the public to increase voter turnout. Each committee will comprise representatives of the Rulers’ Offices, police and members of civil society. The Abu Dhabi office will be situated in the Abu […]

A box from Amazon.com is pictured on the porch of a house in Golden, Colorado July 23, 2008. Reuters/Rick Wilking/Files NEW YORK Amazon.com Inc has started booking revenue from retail sales in individual European countries, instead of channeling all sales through low-tax Luxembourg, the Wall Street Journal reported Sunday. The change was made effective May 1, a company spokesman told the Journal. Amazon said it had started […]

Guards stand near an entrance to Alibaba’s headquarters in Hangzhou, Zhejiang province, China, May 18, 2015. Reuters/John Ruwitch PUTIAN, China Criticised and even sued by luxury brand Gucci and others for facilitating the counterfeit goods trade, Chinese e-commerce giant Alibaba Group Holding Ltd has been quietly piloting a scheme to try to curb fakes at source. In the coastal city of Putian, in Fujian province, Alibaba is […]

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Just in:
Oil advances towards $100 as tanker attacks persist // TVM –Mangaluru Vande Bharat claims top spot // Beyond the exhibition floor: How robots, AI and networks are moving into the real world // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Ningbo Consensus on Collaborative Development released at 2026 Global Mayors Dialogue · Ningbo // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction Vision for Gasoline-Powered Vehicles // OpenAI abandons secrecy agreements for future data centres // Democrats Gearing Up For 2028 Presidential Elections To Gain Full Power // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // CM disputes Vijayan’s claims // Technology shares plunge as Nasdaq enters correction // Microfinance case trouble for Vellappally // Private varsities bill all set to face the axe // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Dubai details five-year visa benefits for returning visitors // UK air traffic outage inflicted £33m financial losses // Millions Of Indians May Soon Be Deprived Of Government Assistance //