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New NIMR military vehicles enter service

  Abu Dhabi / WAM NIMR Automotive on Wednesday announced that two of its most advanced military vehicle models, designed and manufactured in the UAE, have formally entered into service with the UAE Armed Forces. The N35, a mine-protected multi-purpose fighting vehicle in both 4×4 and 6×6 configurations, and the AJBAN-class Special Operations Vehicle (SOV) were on display at the UAE’s ...

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Social networks must stand against censorship

  The pressure for social networks to censor the content that appears on them just won’t cease, and the networks are bending. Censorship, however, is not what users want. Nor is it technically possible, even if the platforms won’t admit it. The European Union is pushing Facebook, Twitter and other social networks to comply with member states’ hate speech laws. ...

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If you can’t trust people, try a smart contract

  Trust is extremely valuable for markets and the economy. In its absence, though, technology might prove to be the next best thing. Doing business would be really easy if people could all trust each other. In rural parts of Japan, for example, it’s common to see unattended produce stands where farmers leave fruits and vegetables for sale. Customers pay ...

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Europe’s dithering over Greek debt is dangerous

  This week, the European Union’s finance ministers granted some new debt relief to Greece. The new “short-term” measures are better than nothing — but they’re less than a convincing solution to a problem that has dragged on far too long. The deal, sketched out and agreed to in principle earlier this year, should help the Greek government convince voters ...

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World has failed to stop carnage in Aleppo

  Syrian army continues to make gains in Aleppo. On Wednesday regime forces took control of the Aleppo’s Old City as rebels retreated. Assad forces have retaken more than three-quarters of opposition territory since the offensive launched in November. More than 80,000 people have fled their homes in eastern neighbourhoods. After three weeks of fighting that has witnessed unprecedented aggression, ...

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Deals worth AED3.8bn signed as SIAL 2016 wraps-up

  Abu Dhabi / Emirates Business The seventh annual SIAL Middle East exhibition, the fastest growing event for the region’s food, drink and hospitality sectors, concluded yesterday at the Abu Dhabi National Exhibition Centre (ADNEC) with a record number of visitors and deals worth billions of dirhams conclude. Held under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, ...

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RAK Properties awards AED30mn contract for Anantara hotel

  Ras Al Khaimah / Emirates Business RAK Properties PJSC, Ras Al Khaimah’s largest property developer listed on the Abu Dhabi Stock Exchange, signed a AED 30 million enabling works contract with Al Nuaimi Group for its upcoming Anantara Resort & Spa within the Mina Al Arab development. The contract between Al Nauimi Group and RAK Properties includes piling and ...

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Mai Dubai selects Swisslog to achieve 2020 goals

  Dubai / Emirates Business Mai Dubai, the Dubai-based bottled drinking water company, commissioned Swisslog to automate its storage and distribution logistics at its new mega expansion project in Dubai in order to reach its 2020 goals. The order value of the project amounts to 21 million US dollars. As Swisslog builds on its strengths in logistics in the food ...

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City Centre Sharjah rolls out festive offers to customers

  Sharjah / Emirates Business City Centre Sharjah—one of the emirate’s largest shopping destinations, owned and operated by Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa —will offer unparalleled shopping opportunities to residents and visitors in the Emirate, this holiday season. During the festive season, shoppers will have the chance ...

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Dubai International Jewellery week 2016 opens at DWTC

  Dubai / Emirates Business The 21st edition of the Middle East’s most influential jewellery show has opened its doors, unveiling thousands of unique, breath-taking jewellery pieces, offering visitors a one of a kind shopping opportunity. The show floor displays more than 10,000 glittering designs from across the globe and the four-day jewellery extravaganza will run until December 10 at ...

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