News

  ALKESH SHARMA / Emirates Business Social media has evolved much beyond its literal meaning. It is now not only limited to adding numbers in the friends-list or gaining likes on posts. Eventually, it has emerged as a potent tool for recruiting right talent for the 21st century corporate world. Among the GCC nations, UAE is leading the bandwagon with ...

  Dubai / Emirates Business According to SOUQ.com, a combination of reduced work hours and a celebratory atmosphere means that time spent online as well as consumer spending is higher during Ramadan. To capitalize on consumers’ increased online consumption and gifting season in the Middle East, SOUQ.com is pleased to announce exclusive and irresistible deals to welcome Ramadan and celebrate ...

  Sunaina Rana / Emirates Business The booming entertainment and hospitality sectors have driven demand for audio-visual solutions and technology in the region. With its multicultural population, GCC is a major destination for a large number of international artistes and performers, cultural troupes and myriad international sporting events, all of which increase the demand for high quality sound and light ...

  Dubai / Emirates Business The summer travelling season has kicked off with a bang and, with Dubai Airports reporting ever-increasing numbers of travellers month on month, drawing in an impressive 7.24 million passengers in March of this year, travel insurance providers are preparing themselves for the surge in claims. A recent survey found that as many as 80 per ...

  Emirates Business Hamdan Bin Mohammed Smart University (HBMSU) recently underscored the crucial role of smart learning in the contemporary world during the prestigious 11th eLearning Africa, the latest edition of the Africa’s largest key networking conference on technology-driven style of learning. HBMSU joined the prestigious event as a partner, held in Cairo, Egypt in accordance with its mission of ...

  ABU DHABI / Emirates Business Researchers from the Masdar Institute of Science and Technology have leveraged the unique capabilities of additive manufacturing — or 3-dimensional (3D) printing — to design strong, ultra-lightweight ‘architectured foam’ structures that have the potential to make vehicle bodies much lighter and stronger and improve water production and oil and gas operations. The novel foams ...

  DUBAI / Emirates Business The Startup Focus Program supports more than 3,400 startups worldwide, providing startups with free access to tools, support, and training to develop innovations on the SAP HANA Cloud Platform, and bring them to market in an ecosystem of 2 million people and 310,000 customers in 190 countries. The SAP Training and Development Institute launched the ...

  Washington / AFP The unexpected downturn in the US jobs market has once again removed an interest rate hike from the table as the Federal Reserve meets on monetary policy this week. Analysts say the dismal May jobs report released on June 3, the worst in almost six years, and still-weak inflation will stay the hand of the Federal ...

  Bloomberg Dr. Reddy’s Laboratories Ltd. agreed to buy a handful of generic products, most of them awaiting U.S. regulatory approval, from Teva Pharmaceutical Industries Ltd. and a unit of Allergan Plc, a transaction required for Teva to be allowed to proceed with the takeover of Allergan’s generics business. Dr. Reddy’s will pay $350 million in cash, the Hyderabad, India-based ...

  Bloomberg Chile’s inflation rate was unchanged in May, above the target range, as central bank President Rodrigo Vergara used price-growth to explain the bank’s continued tightening bias in monetary policy as unemployment rises. Prices increased 4.2 percent from the year earlier, the National Institute of Statistics reported. In the month, prices gained 0.2 percent, the agency said. Policy makers ...