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Anki revs up the race

  Emirates Business Battle-racing shifts into high gear as Anki — a robotics and artificial intelligence company —announces launch of their hit robotic battle-racing game, Anki OVERDRIVE, in the United Arab Emirates this summer. Anki OVERDRIVE is available at select Harvey Nichols and Virgin Megastore outlets across Dubai and Abu Dhabi. Following the massive success of Anki DRIVE, one of ...

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UAE reaffirms humanitarian commitment

  Abu Dhabi / WAM The UAE is deeply committed to protecting humanitarian workers and providing emergency relief to more than 130 million people affected by humanitarian crises in over 40 countries, Reem bint Ibrahim Al Hashemi, Minister of State for International Cooperation, said on Thursday on the occasion of World Humanitarian Day. In a statement to mark World Humanitarian Day, ...

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ERC launches humanitarian aid in Sudan

  KHARTOUM / WAM The Emirates Red Crescent, ERC, on Thursday launched a campaign to distribute humanitarian aid to the victims of floods and rains that hit large parts of Sudan. The campaign began with distributing more than a thousand blankets and some food parcels to those affected by the floods as a first stage. In an interview with the Emirates ...

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Hazza urges parents to prepare their children for new academic year

  Abu Dhabi / WAM His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, today called parents to prepare their children psychologically and educationally for the new academic year. In a series of tweets on his official account on the microblogging site, Twitter, he said that awareness is what shapes future. He was commenting on ...

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DEWA announces dedicated ‘innovation’ hall at WETEX

  Dubai / WAM The Dubai Electricity and Water Authority (DEWA) announced a specialised hall dedicated for innovation during the 18th Water, Energy, Technology, and Environment Exhibition, WETEX 2016, which will be organised under the directives of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and under the patronage of H.H. Sheikh ...

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On Indian I-Day, Aster delights workers in Dubai with #JoyOfFreedom

  Dubai / Emirates Business Celebrated annually on 15th August, Indian Independence Day commemorates the end of British rule in India. The occasion is marked with a national celebration of the spirit of unity, freedom, sacrifice and patriotism. To help a group of underprivileged workers in Dubai, who are living away from their families and home country, connect with the ...

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Global stocks diverge on Fed, post-Brexit data

  Bloomberg European stocks rose on Thursday as traders reacted to the outlook for US interest rates and some healthy post-Brexit data in Britain. Tokyo’s main index however sank as the dollar fell against Japan’s haven yen currency, hurting share prices of the country’s exporters. Wall Street meanwhile opened up with a slight boost from Wal-Mart Stores’ better-than-expected second-quarter earnings. ...

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Petchems support Saudi, Qatar retreats after surge on FTSE

  Reuters Gulf stock markets were narrowly mixed in quiet trade on Thursday as petrochemical shares supported Saudi Arabia’s index but Qatar pulled back after a surge this week due to hopes for inflows of foreign funds. The Saudi stock index closed 0.1 percent higher as the petrochemical sector’s sub-index gained 1.1 percent after Brent crude oil futures hit a ...

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Brent crude oil tops $50

  AFP Oil prices rose on Thursday with Brent briefly topping $50 thanks to a weaker dollar and a drop in US crude stockpiles, traders said. Brent North Sea crude reached $50.05 a barrel — breaching $50 for the first time since early last month. Later around 1230 GMT, Brent North Sea crude for delivery in October was up two ...

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Retail sector experiences robust growth

  Dubai / Emirates Business The first half of the 19th edition of Dubai Summer Surprises (DSS) has seen an upswing in economic activity across diverse sectors in the emirate from retail to hospitality, automotive to entertainment and financial services, as the region’s popular family extravaganza continues to further enhance Dubai’s position as the summer destination of choice. With special ...

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