Bloomberg Tsinghua Unigroup Ltd. is teaming with Britain’s Dialog Semiconductor Plc. to develop smartphone chips, a deal that will help the government-linked Chinese technology giant expand its growing semiconductor empire. Unigroup mobile-design subsidiary Spreadtrum & RDA and the British supplier of chips to Apple Inc.’s iPhones and iPads are considering a joint venture in eastern China, through which the ...
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Military robot taps into hydroponics way of growing food
Bloomberg On a rooftop in the Jewish-Arab Tel Aviv neighborhood of Jaffa, a former military technologist and an ex-journalist sit in a transparent bio-dome where their robot is busy learning how to grow food. Flux IoT’s Eddy, a robot measuring less than a foot tall and resembling a life buoy, is built with military-grade sensors and armed with image-processing ...
Read More »Scarred survivors!
ROME / AP Lucia Annibali’s face was rebuilt for the price of atrocious pain and 18 surgeries after an acid attack ordered by her ex-boyfriend corroded her eyelids, cheeks and forehead almost to the bone and left her nearly blind. The man she enraged with a breakup, like her then a lawyer in an Adriatic resort town, is now ...
Read More »Man who took over ‘Lonely Planet’ at age 24
NEW YORK / AP Daniel Houghton was just 24 years old when he became CEO of Lonely Planet in 2013. Since then, he’s restructured the company, expanded its digital presence and, to the surprise of many who feared he’d kill off Lonely Planet guidebooks, he’s grown the print side of the business. The company now has 33 percent of ...
Read More »UAE banking sector tops GCC with $771bn assets
ABU DHABI / WAM The UAE’s banking sector came first on the list of the banking sectors in terms of asset volume in the GCC region, with a total value of about US$711 billion, over (AED2. 61 trillion) in 2016, according to statistics from the Central Bank of the UAE issued at the end of last year. This reflects ...
Read More »UAE-Russia non-oil trade hits $1.6 billion
ABU DHABI / WAM The volume of non-oil trade between the UAE and Russia touched about US$1.6 billion during the first 9 months of 2016, compared to about $2.5 billion during the whole of 2015, according to a report released by the UAE Ministry of Economy, on reviewing the trade policies with Russia. The report also shed light on ...
Read More »ADGM, Singapore authority to boost FinTech innovation
ABU DHABI / WAM The Abu Dhabi Global Market (ADGM) and the Monetary Authority of Singapore (MAS) signed a Cooperation Agreement |(CA) to foster closer cooperation on developments and initiatives that nurture FinTech entrepreneurship and support innovation in financial services in both Singapore and Abu Dhabi. This new partnership was the result of meaningful exchanges between the FinTech teams ...
Read More »Empower promotes district cooling system
DUBAI / WAM Ahmad Bin Shafar, CEO of Emirates Central Cooling Systems Corporation, EMPOWER, world’s largest district cooling service provider, has urged building owners on Sheikh Zayed Road to adopt district cooling system instead of traditional cooling services. The call follows the company’s delivery of such services to several buildings in the area. Empower’s ongoing process to deliver district ...
Read More »UAE, Singapore non-oil trade hits US$4.1 billion in 2016
Abu Dhabi /Â WAM The Second UAE-Singapore Joint Ministerial Committee Meeting kicked off here on Wednesday. It was co-chaired by Mohammad bin Abdullah Al Gergawi, UAE Minister of Cabinet Affairs and the Future, and Dr. Vivian Balakrishnan, Singapore Minister of Foreign Affairs. Al Gergawi highlighted the unique historic ties between both countries, based on understanding, mutual respect and the desire ...
Read More »Dubai South inks deal with GE Aviation to set up MRO ops
Dubai / WAM Dubai South, an emerging 145 sq. km. city situated within the emirate of Dubai, and GE Aviation have inked a deal to set up MRO operations at the Aviation District’s Aerospace Supply Chain Facility. The new facility will serve as a maintenance and repair centre for GE Aviation’s On Wing Support division. The facility will specialise in ...
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