“We have no eternal allies, and we have no perpetual enemies. Our interests are eternal and perpetual, and those interests it is our duty to follow.” So Henry Temple, the third Viscount Palmerston, described British foreign policy in 1848, at the height of its imperial pomp. “England is a power sufficiently strong, sufficiently powerful to steer her own course.” It is more than fanciful to imagine US […]
The world’s main repository for data on credit derivatives deals will move its database on to the blockchain, in the first big test case for whether the emerging technology can be employed across the finance industry. The DTCC, a US post-trade services group that processes more than $1,500tn of securities a year, will use technology from IBM and US blockchain start-ups R3 and Axoni as the basis […]
|By Arabian Post Staff| Saudi Arabia is working with PricewaterhouseCoopers on plans to cancel about $20 billion of projects as the kingdom seeks to shore up its finances, Bloomberg reported quoting sources. The Ministry of Economy and Planning hired the consultancy firm to review $69 billion of government contracts with a view to cutting about a third of them, it quoted sources as saying. Projects under review […]
The humanoid robot ‘Jia Jia’ can hold a simple conversation and make specific facial expressions when asked “Jia Jia” can hold a simple conversation and make specific facial expressions when asked, and her creator believes the eerily life-like robot heralds a future of cyborg labour in China. Billed as China’s first human-like robot, Jia Jia was first trotted out last year by a team of engineers at […]
Doha, 9 January 2016 Dr. R. Seetharaman, Doha Bank CEO was conferred with the Pravasi Bharatiya Samman Award (PBSA) by the Hon’ble President of India, Shri Pranab Mukherjee at the PRAVASI BHARTIYA Divas Convention on 9 January 2017 which is the highest honour conferred on overseas Indians by the Government of India in recognition of their achievements both in India and abroad. The PBSA was conferred was […]
After India’s government took 86% of currency out of circulation a couple of months ago, its main policy think-tank has a new plan for the country: rendering plastic money “irrelevant” by 2020. Amitabh Kant, Chief Executive Officer of NITI Aayog, which helps the government formulate long-term policies, said Sunday that India was in the midst of a “huge disruption” in financial technology and innovation, which will enable […]
Researchers have developed a way to manufacture microscale-sized machines from biomaterials that can safely be implanted in the body. Working with hydrogels, they have invented a new technique that stacks the soft material in layers to make devices that have three-dimensional, freely moving parts. The study demonstrates a fast manufacturing method they call “implantable microelectromechanical systems.” (via WSJ)
By Jonathan Landay | WASHINGTON WASHINGTON The risk of conflicts between and within nations will increase over the next five years to levels not seen since the Cold War as global growth slows, the post-World War Two order erodes and anti-globalization fuels nationalism, said a U.S. intelligence report released on Monday. “These trends will converge at an unprecedented pace to make governing and cooperation harder and to […]
DUBAI // Four men were cleared on charges of human trafficking but jailed for a year each after being found guilty of running a brothel. Last October, Dubai Criminal Court was told the Vietnamese men beat a woman, locked her up and told her she would have to work as a prostitute after bringing her to Dubai with the promise of a job. They denied charges of […]
Blow-dry bars are not the only booming business models in the world of hair and beauty. With the global appeal of beards, new barbershop concepts are also gaining popularity in the Middle East, where male clients are often just as particular about their appearance as women are. Nidal Rafiq Malaeb has been a barber for 15 years, and works at the new 1847 VIP Room in Jumeirah […]
By Maria Tsvetkova and Christian Lowe | MOSCOW MOSCOW Allegations that Russia tried to influence the U.S. election in favour of Donald Trump amount to a witch-hunt, the Kremlin said on Monday, in its first reaction to the release of a U.S. intelligence report on the alleged Russian operation. The report, a redacted version of which was released publicly last week, alleged that Russian President Vladimir Putin […]
An attendee walks past a message board celebrating 50 years of the Consumer Electronic Show in Las Vegas, Nevada on January 8, 2017 Emerging technology is giving new hope for the handicapped, and harnessing brainwaves for the physically disabled and helping the visually impaired with “artificial vision” are just the start. Many systems showcased at the Consumer Electronics Show in Las Vegas are aimed at improving quality […]
A high-profile forum co-hosted by the six-nation Gulf Cooperation Council (GCC) and European Union (EU) is to take place in Riyadh on Monday. In information carried on its website, the EU said that several GCC and EU officials would participate in the meeting aimed at expanding cooperation and encouraging bilateral investment. European Transport Commissioner Violeta Bulc is to lead the EU representation in the GCC along with […]
09 January 2017 Dubai, UAE – Dubai Electricity and Water Authority (DEWA) recently received two delegations, one from Sharjah Economic Development Department (SEDD), and the other from Emirates National Oil Company (ENOC). Both delegations visited DEWA to get acquainted with the latest technologies and systems adopted by DEWA. During the visit, the SEDD delegation got familiar with DEWA’s operations management approach, and the quantum leap it has […]
YANGON/KUALA LUMPUR Myanmar said on Monday it had sent out safety instructions to its workers in Malaysia after attackers hacked five of them to death with swords, weeks after it barred workers from going there, partly because of security fears. Tension between the Southeast Asian neighbours has risen in recent months over the fate of Myanmar’s stateless Rohingya Muslim minority, with Malaysia accusing Myanmar of genocide over […]
The Federal Bureau of Investigation has arrested a Volkswagen AG (VOWG_p.DE) executive on charges of conspiracy to defraud the United States, the New York Times reported on Monday. Oliver Schmidt, who headed the company’s regulatory compliance office in the U.S. from 2014 to March 2015, was arrested on Saturday by federal investigators in Florida, the newspaper said, citing people familiar with the matter. nyti.ms/2iTA73S VW admitted in […]
Who would now warn publicly against “Islamic fascism,” when the hard-liners sought to influence elections? Who would state openly that there should be a nuclear compromise? Continue reading the main story Mr. Rafsanjani said things others would not dare to say, all agreed, and his voice had at least created some tolerance for debates. “Hard-liners will be happy, but this is the start of a period of […]
Some researchers are working to discover new, safer ways to deliver cancer-fighting drugs to tumors without damaging healthy cells. Others are finding ways to boost the body’s own immune system to attack cancer cells. Researchers have combined the two approaches by taking biodegradable polymer nanoparticles encapsulated with cancer-fighting drugs and incorporating them into immune cells to create a smart, targeted system to attack cancers of specific types. […]
A snake found on board an Emirates aircraft forced the cancellation of a flight from Muscat to Dubai. The snake was discovered on Sunday prior any passengers boarding the 10.50am flight, and was cancelled to allow for a cleaning crew to carry out a detailed service before the Boeing 777 aircraft returns to service. “Emirates can confirm that flight EK0863 from Muscat to Dubai on 8 January […]
BEIJING Chinese police shot dead three “violent terror” suspects in the western Xinjiang region, the government said on Monday, the latest clash with Islamist militants who the government says want to break the region away from China. The government says separatists in Xinjiang, home to the Muslim Uighur minority, aim to form their own state called East Turkestan, and have links with militants abroad, including in Asia […]
Mayfield Robotics chief executive Michael Beebe unveils the Kuri robot at the Consumer Electronics Show in Las Vegas, on January 6, 2017 Professor Einstein rolls his eyes, sticks out his tongue, and can give a simple explanation of the theory of relativity. With his lifelike rubbery “skin” and bushy mustache, he can almost make you forget he’s a robot. The Einstein robot is among dozens roaming the […]
The Commonwealth Ombudsman Colin Neave has opened an investigation into the Centrelink automated debt recovery system that has come under fire for sending some letters demanding money repayment in error to welfare recipients. A spokesperson for Neave told ZDNet the Ombudsman is aware of the concerns raised about the automated data matching system used by Centrelink, and has commenced an own-motion investigation into the matter. Although the […]
By Bernie Woodall and David Shepardson | DETROIT DETROIT Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N) on Sunday said it will invest $1 billion to modernize two plants in the U.S. Midwest and create 2,000 jobs, upping the ante as automakers respond to threats from President-elect Donald Trump to slap new taxes on imported vehicles. FCA’s announcement that it would retool factories in Ohio and Michigan to build new […]
Entrepreneurs in the country are using some old-fashioned handiwork to help create products for mass production at a fraction of the today’s costs. Whether this will be a manufacturing revolution or evolution, 3D printing is here to stay. For a man working at the frontier of a technological revolution, there is a surprising amount of handicraft to Ahmad Mackieh’s approach to 3-D printing that shows in the […]
