Sharjah / WAM The World Government Summit (WGS) has announced that the Republic of India is the guest of honour for its summit, scheduled for February 11-13, 2018. The World Government Summit said that the hosting of India comes as part of the its endeavor to strengthen its partnerships with countries with pioneering and distinctive experiences in strategic areas that serve ...
Read More »Uncategorized
DSOA to showcase AED1.3bn Silicon Park project at GITEX
Dubai / Emirates Business Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, has announced its participation at the GITEX Technology Week 2017, marking its 15th consecutive outing at the industry’s ultimate technology event for the region. Set to run from October 8 to 12 at the Dubai World Trade ...
Read More »Dubai to host international water congress in 2019
Dubai / WAM Dubai is to host the International Desalination Association’s 2019 World Congress on water desalination, the world’s largest and the most prominent conference on water desalination specialty areas. It will be attended by leaders, senior officials, experts, and academics, as well as 2,000 participants from 60 countries around the world, according to Dubai Electricity and Water Authority, DEWA, ...
Read More »Americans top foreign investors on ADX
Abu Dhabi / WAM American investors rank in first place among foreign investors in the Abu Dhabi Securities Exchange (ADX), in terms of net investment in 2016 and H1 2017, with AED2.2 billion and AED960 million, respectively, said Rashed Al Blooshi, Chief Executive of ADX, during a briefing about the exchange at the American Chamber of Commerce, Abu Dhabi (AmCham). ...
Read More »Spanish police storm polling stations to block Catalan vote
Bloomberg Spanish police in riot gear smashed in the doors of polling stations and dragged protesters away by the hair, beating some with batons and firing rubber bullets at others on Sunday as they tried to shut down an illegal referendum on independence in Catalonia. Despite the force of the police against peaceful demonstrations, voting began in many locations across ...
Read More »Smartphone effect clouds Asia’s bumper export year
Bloomberg The rush to upgrade smartphones may be ebbing, prompting economists to dial back the outlook for Asian exporters. Early indications, including signs of disappointing orders, point to a mixed reaction to the latest iPhones, hurting the share prices of Apple Inc.’s Asia-based suppliers. Given that smartphone improvements help power demand for electronics components from supply-chain powerhouses such as South ...
Read More »Uber drivers need licenses in Australia’s Queensland
Bloomberg Ride-booking operators and drivers, such as those from Uber Technologies Inc., will need licenses to offer their services in the Australian state of Queensland under new regulations announced in Brisbane. The eligibility tests for drivers and booking entities will be the same for all those offering personalised transport, Mark Bailey, Queensland’s minister for main roads, road safety and ports, ...
Read More »Trump’s change of heart puts $1trn building plan in limbo
ÂÂÂÂÂÂÂÂÂÂÂBloomberg Donald Trump’s infrastructure guru spent part of Sept. 26 at a conference in Washington promoting the president’s $1 trillion plan to rebuild the nation’s crumbling roads, bridges and airports relying in part on public-private partnerships. The same day, across town, Trump was telling lawmakers that those kinds of deals don’t work. The president’s apparent change of heart on what’s ...
Read More »Google to retool user security in wake of political hack
Bloomberg Google is preparing to upgrade its security tools for online accounts to better insulate users from cyberattacks and politically motivated hacks, according to two people familiar with the company’s plan. The Alphabet Inc. company next month will begin offering a service called the Advanced Protection Program that places a collection of features onto accounts such as email, including a ...
Read More »Sun co-founder sells secretive hedge fund on big chip trade
Bloomberg Sun Microsystems co-founder Bill Joy recently joined Water Street Capital and has pushed the secretive hedge fund firm to build a large stake in Micron Technology Inc., arguing the market for its main product is set for a sustained boom without the wild ups and crushing downs of the past. The rise of cloud computing, artificial intelligence, and augmented ...
Read More »