Uncategorized

Bloomberg In the first revamp of the G-Class since the rugged sport utility vehicle’s introduction nearly four decades ago, Mercedes-Benz took the approach that if it ain’t broke, don’t fix it. There’s a special “G” mode for offroad driving and a large flat screen. But aside from such flourishes, the styling is still dominated by flat steel surfaces and a ...

Bloomberg Palestinians will “slap back” for the humiliation they’ve suffered from the Trump administration and seek to replace the US with other international players in future peace negotiations with Israel, Palestinian Authority President Mahmoud Abbas said. Opening a conference of the Palestine Liberation Organization’s Central Committee in Ramallah, Abbas criticized US President Donald Trump for recognising Jerusalem as Israel’s capital ...

Dubai / Emirates Business The UNLOCK Blockchain Forum which commenced on Sunday at the Ritz Carlton Hotel DIFC has proven once again that Dubai is a vanguard when it comes to attracting innovative experts, blockchain start-ups, and forward looking attendees. Al-Iktissad-Wal-Aamal, the organizers of UNLOCK Blockchain forum were not surprised to receive more than 60 blockchain start-ups from more than ...

Dubai / WAM The Business Registration and Licencing (BRL), sector in Dubai Economy witnessed 288,878 transactions, including 19,877 new licences, during 2017, showing the activity recorded on ‘Business Map’ digital platform. The ‘Business Map’ tracks BRL activity and seeks to reflect economic realities in Dubai by providing vital data on each category of licences including their numbers and category-wise distribution ...

Bloomberg Tesla Inc. helped electric vehicles gain a mainstream foothold in the US by starting with luxury cars and then moving down-market. India’s nascent transition to EVs is heading in the opposite direction. Many consumers will get their first taste of electric vehicles from public-transit systems and corporate fleets in India, where car ownership per 1,000 citizens is just 20, ...

Bloomberg Alibaba Group Holding Ltd. was cited again as a marketplace for fakes on a US blacklist, another sign of increasing tension between the US and China. The Office of the US Trade Representative included Alibaba’s Taobao online marketplace on its list of “Notorious Markets,” citing a high volume of reported counterfeiting and piracy. The agency acknowledged steps Alibaba has ...

DUBAI / Emirates Business The Dubai Islamic Economy Development Centre (DIEDC) on Sunday announced the signing of a Memorandum of Understanding (MoU) with the Group of Strategic Vision ‘Russia – Islamic World’ (RIW Group) to exchange expertise and best practices in the field of Islamic economy. Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of DIEDC, and Rustam ...

Sharjah / Emirates Business Sharjah’s NAMA Women Advancement Establishment (NAMA) and the London-based international organization Global Thinkers Forum (GTF) have launched the Athena MENA Mentoring Programme 2018 to help women in the region to develop new skills and expertise, and to enhance, enrich and expand their professional and personal prospects. The two organisations confirmed the launch of the programme at ...

Bloomberg The European Union will spend one billion euros ($1.2 billion) to try to catch up to China, the US and Japan in supercomputing, the European Commission said. But as the initiative launches, uncertainty over Brexit is creating anxiety among British computer scientists that the UK may miss out on opportunities from the plan. The goal of the project is ...

Bloomberg Intel Corp., trying to defuse concern that fixes to widespread chip security vulnerabilities will slow computers, released test results showing that personal computers won’t be affected much and promised more information on servers. The chipmaker published a table of data showing that older processors handled typical tasks 10 percent slower at most, after being updated with security patches. The ...