Seoul / AFP Samsung Electronics said on Monday it would buy US auto parts maker Harman International Industries for $8 billion in a bid to enter the growing market for automotive technology to produce “connected†cars. The deal, the biggest in the firm’s history, will provide a chance for the tech titan to move past the exploding Galaxy Note 7 ...
Read More »Admin
Facebook public chat feature ‘rooms’ starts rolling out
Relaxnews According to Facebook Messenger product manager Drew Moxon, The Courrier Mail reports, the feature ‘Rooms’, which was been rolled out in Australia and Canada over the weekend, is for “topic-based conversations and so people can talk with others they may not know.†Facebook first launched a standalone app called Rooms back in October 2014, but the project was ...
Read More »New folding smartphone from Samsung could be taking shape
Relaxnews Various websites specializing in Samsung news and rumors report that the manufacturer has filed a patent at the Korean Intellectual Property Office (KIPO) that could be a sign of what’s in store from the firm’s upcoming folding smartphone, a product that’s been in the pipeline for several years. The patent details an original hinge system that folds the ...
Read More »Companies urged to look to the future through ADC Refresh
Mohammed Al-Moneer / Emirates Business An application delivery controller (ADC) refresh is a great occasion to look to the future and optimize your network for not only the applications you have in place today, but what you will have tomorrow. Odds are the box you’re replacing is out of date and more than five years old. A lot’s happened ...
Read More »Aldar awards AED30mn early works contract for Mayan project
ABU DHABI / WAM Aldar Properties has awarded the early works contract for the first phase of ‘Mayan’, a residential development located on Yas Island, to Dutch Foundation and Concrete Rehabilitation Company, WLL. The AED30 million contract provides for shoring, piling and earthworks for Mayan’s 512 apartments which are spread across five buildings. The Abu Dhabi-based full-service engineering foundation ...
Read More »Abu Dhabi Chamber of Commerce, Paraguay to hold investment forum
ABU DHABI / WAM Ibrahim Al-Mahmoud, First Deputy Chairman of the Abu Dhabi Chamber of Commerce and Industry, met with a Paraguayan ministerial delegation and discussed ways to enhance cooperation between companies and businessmen from both sides. The delegation included Gustavo Leite, Minister of Industry and Commerce, and Santiago Pena, Minister of Finance. During the meeting, the parties also ...
Read More »VP issues free zones law
DUBAI / WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister of the United Arab Emirates, His Highness Sheikh Mohammed bin Rashid al Maktoum, issued Law No. 15 of 2016 on the regulations issued by the authorities of free zones and special development zones in Dubai. The new Law is applicable to all free zones ...
Read More »e-Dirham adds AED5.8bn to government revenues
ABU DHABI / WAM Government revenues from the e-Dirham system during the first nine months of this year stood at AED 5.8bn. The number of e-Dirham transactions rose by 20% year on year, to reach 15 million transactions during the first nine months of 2016 as compared to around 12.5 million transactions during the same period in 2015, according ...
Read More »Fujairah steps up efforts to become hub for oil trading and storage
Fujairah / WAM Fujairah, which hosts the Middle East’s largest commercial storage capacity for refined oil products, on Sunday appointed S and P Global Platts to distribute the Emirate’s weekly inventory data starting in early 2017 as part of its effort to position the Indian Ocean port-city as a global oil trading and storage hub. The Fujairah Oil Industry Zone ...
Read More »Dubai Wholesale City signs MoU with China province to boost trade
Dubai / Emirates Business Dubai Wholesale City, a global integrated wholesale trading hub and member of TECOM Group, signed a Memorandum of Understanding (MoU) with Ningxia province of the People’s Republic of China to enhance mutual collaboration and promote economic, trade and investment relations. Chief Executive Officer of Dubai Wholesale City, Abdulla Belhoul and Governor of the Ningxia province, ...
Read More »