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Wearable tech gears up in 2016

  Relaxnews Just as for virtual reality, 2016 is expected to be a pivotal year for wearable technology, particularly smartwatches and fitness trackers. Statistical data puts global sales of fitness trackers and smartwatches at 51 million units for 2015 and forecasts that this figure will jump to 84 million —38 million fitness trackers and 46 million smartwatches — by the ...

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Samsung holds lead in flat global market

  Washington/ AFP Samsung kept the top spot in a global smartphone market which showed signs of flattening in the first quarter of 2016, a survey showed. The recent report by research firm IDC said the worldwide smartphone market saw its slowest growth on record of 0.2 percent, with shipments totalling 334.9 million. South Korean giant Samsung maintained its lead ...

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Smartphone health: Apple releases software for medical apps

  AP Apple is edging its way a little further into health care with the release of new iPhone apps that patients can use to manage their own medical conditions — from diabetes to pregnancy and even depression. While there are hundreds of health-related apps on the market, Apple wants to put its stamp on a new ecosystem of treatment ...

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Buddhist temple unveils robot monk to engage the new generation

  Relaxnews A Buddhist temple on the outskirts of Beijing has embraced technology and debuted a robot monk in a bid to attract new followers to the faith. The cartoon-like creation, dubbed Xian’er, wears a yellow robe and has a shaved head, and can recite mantras and answer 20 simple questions about Buddhism and the daily lifestyle at the Lonquan ...

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Tablet sales are tanking

  Relaxnews Consumers have officially fallen out of love with tablets and are having their heads turned by larger smartphones and more powerful 2-in-1 devices instead. Everyone laughed when Microsoft unveiled the first Surface Pro and claimed that the future was in touch screen PCs, not tablets. But the latest data from Strategy Analytics, published Thursday, shows that Microsoft was ...

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Bank of Sharjah announces strong results for 2016 Q1

  Sharjah / Emirates Business Bank of Sharjah has announced its financial results for the three months ended on March 31, 2016. During the period, the Bank of Sharjah continued to grow its loan book while maintaining the solid structure of the balance sheet, with high levels of both liquidity and capital. Total assets reached AED27,651 million, an increase of ...

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HAVAL’s 4 designer SUV models make stylish UAE debut

  Sunaina Rana / Emirates Business UAE-based automobile company, Swaidan Trading, also the exclusive distributor for Peugeot, has announced a new addition to its passenger vehicle portfolio of HAVAL SUVs. The automotive company has opened an exclusive HAVAL showroom on Sheikh Zayed Road, Dubai. Ajit Kumar, CEO of Swaidan Trading, told Emirates Business, “At Swaidan Trading, we are looking at ...

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Cityscape Abu Dhabi records over 15,000 visitors in three days

  Abu Dhabi / Emirates Business Organisers of Cityscape Abu Dhabi have reported that more than 15,000 visitors attended the three-day real estate showcase, which saw numerous property development launches, hundreds of units sold and a record turnout at the Cityscape Abu Dhabi Conference. The exhibition, held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown ...

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UAE Exchange sees growth in transactions to Arab corridor

  Dubai / Emirates Business The World Bank Group’s Migration and Development April 2016 Report has positioned the GCC as a global hub of outward remittances, particularly to non-GCC Arab countries. The report, which highlights the movement of people as well as remittance flows, presents data that dovetails with internal research of UAE Exchange, the leading global remittance, foreign exchange ...

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Etihad Airways unveils global fashion week sponsorship

  Abu Dhabi / Emirates Business Etihad Airways, the national airline of the UAE, has announced a comprehensive new global agreement with WME | IMG to become a major long-term partner to the fashion industry by supporting 17 fashion week events around the world annually. Under the agreement, which is the first multinational, multi-year airline sponsorship supporting the fashion industry, ...

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