Samsung has announced it has entered into a definitive agreement to acquire Harman, the designer and maker of connection products for automakers, in a bid to expand and accelerate its growth in connected technologies. On Monday, Nov. 14 the Korean company confirmed that it will buy Harman for $112 per share, which brings the cost of acquisition to about $8 billion. Harman has a strong presence in […]
Dubai – 14 November 2016 GFH Capital, a subsidiary of Bahrain based GFH Financial Group, today announced an investment in AMA Group for its growing operations in the Kingdom of Bahrain and beyond. The investment will be in the form of a Shari’a compliant convertible Murabaha facility. The AMA Group manages the largest network of educational institutions across Asia. The AMA Group also has various other business […]
With only 35 galleries exhibiting at this year’s edition – five fewer than last year’s – Abu Dhabi Art is smaller than most in the world, but the quality of the art has not been compromised. It has the feel of a boutique fair, where visitors and collectors can take their time to explore the gallery booths, and perhaps even find time to return and widen their […]
BRUSSELS: The European Union extended its sanctions on Syria on Monday, banning the country’s central bank chief and its finance minister from traveling in Europe and freezing their assets in a further step to isolate President Bashar Assad.The decision to target Central Bank Gov. Duraid Durgham and Finance Minister Maamoun Hamdan, along with 16 other government ministers, made good on the EU’s threat last month to increase […]
New London office construction activity has fallen 42 per cent from a year ago as Brexit and other uncertainties cast a shadow over the property market. Work began on 40 new office developments totalling 2.8m square feet over the past six months, down from a record 4.8m square feet recorded a year earlier, according to Deloitte Real Estate’s Crane Survey. Total development activity rose slightly from a […]
By Julia Love and Kristina Cooke | SAN FRANCISCO SAN FRANCISCO Alphabet Inc’s Google said on Monday it is working on a policy change to prevent websites that misrepresent content from using its AdSense advertising network, a move aimed at halting the spread of “fake news” and other types of misinformation on the internet. The shift comes as Google, Facebook Inc and Twitter Inc face a backlash […]
A guide of things to do today in the UAE. newslide Abu Dhabi Tennis Get tickets now for the Mubadala World Tennis Championship and see top players, including Jo-Wilfried Tsonga, Tomáš Berdych, Rafael Nadal, Andy Murray, Milos Raonic and David Goffin, who will be in the capital for the championship. • December 29 to 31, from 4pm on December 29 and 30; from 1am on December 31, […]
Mary Jo White is stepping down as chair of the Securities and Exchange Commission, putting a spotlight on one of the many regulatory roles Donald Trump will have to fill having promised to loosen rules on the financial sector Ms White, a former federal prosecutor and defence lawyer appointed by President Barack Obama in 2013, said she would leave at the end of the Obama administration, well […]
MOSCOW — A Russian fighter jet crashed off the Syrian coast on Monday while trying to land on an aging aircraft carrier in the Mediterranean, Russian military officials said. The Russian Defense Ministry blamed a technical failure for the crash of the jet, a MIG-29, according to a ministry statement carried by the Interfax news agency. The pilot, who was the only one in the jet, ejected […]
14 November 2016 The Middle East and Africa (MEA) will experience the fastest rate of digitization in the world according to analysts IHS Markit. Shipments of LTE technologies* increased by more than 300 per cent in 2015, and the MEA region is projected to be one of the world’s fastest growth markets for TETRA critical communications technology Led by TETRA, the MEA PMR market was the fastest […]
MARRAKECH // After completing the adventure of flying around the world powered only by the Sun, Bertrand Piccard embarked on another, connecting organisations, politicians and people with climate change solutions. The Solar Impulse team launched the World Alliance for Clean Technologies at the Conference of Parties 22 in Marrakech. International politicians gathered to set targets addressing climate change by following the Paris Agreement. The project is aimed […]
MARRAKECH // When Majid was able to connect the final wire on his solar-powered light, it was hard to tell what lit up the room more – the light or the nine-year-old’s eyes. He was one of 30 children at Centre Fiers and Forts orphanage, located half an hour’s drive from Marrakech, who learnt on Monday how to assemble the lights donated by Beacon of Hope, a […]
Giant blades of grass made from galvanised iron, a room full of rotting bananas and a spring-mounted fibreglass donkey bearing a model of a Sufi dervish are just a few of the more peculiar artworks that will go on show when the eighth edition of Abu Dhabi Art opens tomorrow. The art fair will feature booths from 35 galleries, which means the event is significantly smaller than […]
After months of sending government troops to battle militants blowing up oil pipelines in the Niger Delta, Muhammadu Buhari tried a different tack. The Nigerian president invited the region’s community leaders and traditional rulers to his villa this month for talks — a step energy sector executives hoped could halt a wave of sabotage since January that has cost the country billions of dollars in damages and […]
It was naïve to believe that enough white people would hear everything Donald Trump has said in the last 18 months — let alone five years — and stand in opposition to it. Instead, they stood with it, at a rate of 58 percent. Not necessarily because they’re racists, misogynists, xenophobes or anti-Islam, exactly, but because Trump made it in their interests to do so. They did […]
Brent crude oil dropped below $44 a barrel on Monday to hit its lowest level for three months, as a strengthening US dollar and doubts over Opec’s ability to agree supply curbs when it meets this month led to funds selling out of the market. Hedge funds and other large speculators have been paring their bets on higher oil prices for the past month, with the latest […]
The UAE is to join with the World Economic Forum (WEF) to establish the first permanent policy unit to study and implement measures regarding the “Fourth Industrial Revolution” – the transformation of business and society brought about by technological advances. Mohammed Al Gergawi, UAE Minister for Cabinet Affairs and the Future, announced the initiative at the WEF summit of Global Future Councils in Dubai. He promised full […]
If you are envious of those who own the Android 7.1 Nougat-powered Google Pixel or Pixel XL smartphones because of the fingerprint gestures feature, there’s no need to turn green. You can now get the same on your Android Marshmallow smartphone too! How you ask? Thanks to a new app called Fingerprint Gestures that enables the nifty feature on handsets powered by Android 6.0 Marshmallow. So courtesy of […]
ABU DHABI // Customers covered by the national insurer Daman will soon be able to use their Emirates ID card for healthcare services. Daman is merging customer data with that stored on Emirates ID cards, a process that will be completed next year but is already being provided to customers as their data is merged. Those not yet able to use their ID for health care can […]
If there’s one thing Ubisoft games like doing, besides having you climb radio towers, it’s putting fictional versions of Ubisoft in its games. But with Watch Dogs 2, this little meta touch seems to have Ouroboros-ed itself right back into the real world by teasing what could be two unannounced new Ubi games. A side mission, titled “Ubistolen”, sees you intercepting the phone call of an in-game Ubisoft […]
newslide Bollywood superstars Shah Rukh Khan and Aishwarya Rai-Bachchan recently shared a few moments of screen space in Karan Johar’s Ae Dil Hai Mushkil. The duo seem to have well and truly buried their longtime hatchet that started with Rai-Bachchan’s unceremonious ouster from Shah Rukh Khan’s 2002 production, Chalte Chalte, due to her rocky relationship with Salman Khan. According to reports in several Indian newspapers, Khan and […]
While the pesh merga attacked ISIS from the north and the east, the Iraqi military was approaching from the south. The job of the battalion moving toward Bashiqa was to shore up the eastern front and extend a cordon around Mosul. The Iraqis’ next moves would depend in part on the Kurds’ success. For the moment, in other words, the progress of the central conflict in the […]
US bank shares have staged the sharpest recovery rally since Wall Street emerged from the financial crisis in 2009, underlining the stark shift in investor sentiment that has gathered pace since Donald Trump captured the US presidency. The S&P 500 banks index, a gauge of the largest US banks, has turned a year-to-date fall that, at its worst, reached almost 25 per cent, to a gain of […]
An aspiring weatherman in Kentucky has been charged with arson after he allegedly started a wildfire and then uploaded the video on Facebook. The 21-year-old Johnny Mullins admitted to the crime of starting the wildfire, according to the local police chief. Starting A Wildfire For Facebook Views “It’s really too bad because he’s not a bad kid — he’s just misguided,” said Jenkins, Kentucky police chief James Stephens. […]
