The Interpreter By MAX FISHER You could be forgiven, after five years of Syria’s war dominating front pages, for feeling lost. It is easy to track the war’s toll: It has killed 400,000 people, displaced millions, opened space for the Islamic State, and sucked in foreign powers, including the United States. It is harder to keep track of the how and why. The basics can seem even […]
Sometimes, things don’t turn out like we expect. This is the case with Chevrolet and the Chevelle. It started as a conventional car but evolved into a road warrior, carrying the muscle car torch for a new generation. The Chevelle had a body-on-frame design that, while basic, really unlocked its potential as a muscle machine. There was a time when the LS6 Chevelle was the fastest American car […]
By Adam Jourdan and Tom Westbrook | SHANGHAI/SYDNEY SHANGHAI/SYDNEY Apple Inc fans from Sydney to Shanghai, the first customers worldwide to snap the new iPhone 7 off the shelves, cheered as they left stores on Friday brandishing their purchases, flanked by applauding sales staff. But underneath the usual fanfare, the crowds of enthusiasts and overnight campers were smaller than in past years. Some customers complained after the […]
|By Arabian Post Staff| Dubai-based Shaikhani Group announced a major foray in Dubai’s property market with 11 real estate projects with a collective value exceeding Dh3.5 billion (US$950 million) that are in various stages of development. Shaikhani Group’s 11 projects will deliver 2,100 residential and commercial units in Dubai Sports City, Jumeirah Village Circle and Dubai Silicon Oasis. Of these, the company is at an advanced stage of […]
By Ankur Banerjee Samsung Electronics Co Ltd (005930.KS) formally recalled 1 million Galaxy Note 7 smartphones sold in the United States, replacing or refunding the flagship phones, whose susceptibility to catching fire has damaged the image of the Korean powerhouse. Samsung received 92 reports of batteries overheating in the United States, including 26 reports of burns and 55 cases of property damage, the company said as it […]
September 2016: Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, meets Pope Francis during a visit to Vatican City. June 2016: President Sheikh Khalifa officially invited Pope Francis to visit the UAE. Sheikha Lubna Al Qasimi, Minister of State for Tolerance, presented the invitation during a visit to the Vatican. May 2016: A delegation of more than 300 […]
VATICAN CITY // Sheikh Mohammed bin Zayed and Pope Francis held discussions on strengthening existing links and promoting the acceptance of others’ beliefs. “We are working together on promoting and enabling, for peace and stability to prevail throughout the world,” said Sheikh Mohammed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, after the meeting at the Vatican on Thursday. He said that […]
|By Arabian Post Staff| The generations of Millennials, meaning people between the ages of 19 and 35, as well as Centennials, denoting young people aged up to 18, will most probably end up poorer than their parents and grand parents, a Bank of America-Merrill Lynch report titled Thematic Investing: The New Kids on the Block has predicted. Gen Y (“Millennials”, 19-35Y) and Gen Z (“Centennials”, 0-18Y) are […]
|By Arabian Post Staff| Abu Dhabi’s Masdar City without light switches or water taps has much to teach people around the world about saving energy and precious resources. With its low-rise and energy efficient buildings, smart metering, excellent public transport and extensive use of renewable energy, the 2,000 citizens of Masdar City are living in a place which is a ‘green’ example to city planners around the […]
Engineers have happened upon a way to stop the movement of the colorful eddies on the surface of soap bubbles. The results are works of art that could lead to stable engineered foams for medical treatments, personal products and food. (via WSJ Blogs)
FRANKFURT Volkswagen’s luxury car unit Audi has agreed to deepen collaboration with Chinese internet technology groups to offer more digital services in the world’s largest car market. Audi and FAW-Volkswagen, VW’s joint venture with FAW Car Co Ltd, have signed letters of intent with Alibaba, Baidu and Tencent, Audi said on Sunday. Financial terms were not disclosed. Parent Volkswagen has been hobbled by a scandal over the […]
/By MAYA KOSOFF/Vanity Fair/Apple, which reportedly spends more than a billion dollars a year to outsource its cloud infrastructure to Amazon, Google, and Microsoft, is working on a secret project to ditch its competitors. The internal initiative, code-named “McQueen”— yes, like that Steve McQueen—is Apple’s attempt to break its reliance on other cloud providers by creating its own platform,Re/code reports. Sources said Apple could break even on […]
ABU DHABI // The Ministry of Interior has increased traffic patrols to ensure drivers are complying with the law and traffic is flowing smoothly during the Eid Al Adha holidays. Brigadier Ghaith Hassan Al Zaabi, director general of the Traffic Coordination Department at the ministry, urged motorists to abide by traffic police’s instructions and to drive carefully, especially near malls and markets. He also urged motorists to […]
By Se Young Lee and Jeffrey Dastin | SEOUL/NEW YORK SEOUL/NEW YORK A U.S. government safety agency on Friday urged all consumers to stop using Samsung Galaxy Note 7 phones, which are prone to catch fire, and top airlines globally banned their use during flights. Following reports that the phones’ batteries have combusted during charging and normal use, the U.S. Consumer Product Safety Commission […]
By Francesco Guarascio and Jason Hovet | BRATISLAVA BRATISLAVA Multinationals should refrain from tax avoidance practices and pay their fair share of taxes, the head of euro zone finance ministers said on Saturday, in a new endorsement to the European Union fight against tax dodging. In the wake of the ‘Panama Papers’ revelations of widespread tax avoidance practices, Brussels has toughened up its drive […]
By Terje Solsvik and Yasmeen Abutaleb | OSLO/SAN FRANCISCO OSLO/SAN FRANCISCO Facebook Inc on Friday reinstated a Vietnam War-era photo of a naked girl fleeing a napalm attack, after a public outcry over its removal of the image including harsh criticism from Norway’s prime minister.In a clash between a democratically elected leader and the social media giant over how to patrol the Internet, Norway Prime […]
/By Matein Khalid/The oil market has been a rollercoaster in 2016. A global financial panic triggered by China’s yuan depreciation caused Brent crude to fall below $30 a barrel in late January. I was amazed at the sheer scale of the speculative short positions accumulated by oil traders and hedge funds in both West Texas and Brent futures markets, the highest since the oil crash of 2008. The […]
|By Arabian Post Staff|Nearly half of the travellers believe losing money is one of the top-three threats they may face abroad, and credit card compromise is considered to be a top-three threat by 35% of users, according to research by Kaspersky Lab. The research also highlighted that there is a real danger when it comes to losing money when traveling: 22% of respondents have experienced such a […]
|By Arabian Post Staff|The new bankruptcy law of the UAE envisages the setting up of a regulatory body called the Committee for Financial Restructuring to administer the law and its procedures. The Committee will be in charge of: overseeing the procedures of financial restructuring outside the scope of the court and will appoint experts in the field of financial restructuring, establish an electronic record of individuals against […]
Unveiled at Apple’s special event in San Francisco today, the new iPhone 7 and iPhone 7 Plus can be ordered starting this Friday and are set to hit the market on September 16. The latest generation of Apple’s smartphones (pictured above) will introduce a number of new features, including water and dust resistance, an advanced 12-megapixel camera and an A10 Fusion chip architecture billed as twice as […]
Apple announced its newest iPhones, the 7 and 7 plus, which are water and dust resistant. Analysts say the new iPhones could help Apple recover modestly from a recent dip in sales. But with few expected dramatic changes from previous models, Apple watchers aren’t expecting the kind of big spikes in consumer demand that the company saw two years ago, when it introduced larger screens. Apple sold […]
The 53-year-old driver of a Tesla Model S electric car died Wednesday when the vehicle smashed into a tree in the central Dutch town of Baarn and burst into flames, police and firefighters said. Police are investigating the cause of the early morning accident in the town 40 kilometers (25 miles) southeast of Amsterdam and Tesla said in a statement it is helping. “Technical personnel are on […]
SAUDI ARABIA. Saudi Arabia’s non-oil private sector continued on its upward trajectory in August, with business conditions improving to the greatest extent in a year. Output and new business remained the key growth drivers – both rose sharply and more quickly than in July. Employment and input stocks also increased, with a number of companies looking to expand capacity in line with rising workloads. Meanwhile, price pressures […]
UAE. Change is the new normal for the global health care sector, according to Deloitte’s recent report entitled “2016 Global health care sector outlook – Battling costs while improving care”. As providers, payers, governments, and other stakeholders strive to deliver effective, efficient, and equitable care, they do so in an ecosystem that is undergoing a dramatic and fundamental shift in business, clinical, and operating models. This shift is […]
