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Enticing spams lure UAE Facebook users

  RITIKA SHARMA / Emirates Business UAE Facebook users, beware — the next link you follow on your account, might lead you to a malware that will steal your confidential details or corrupt your entire system. Of late, UAE-based IT companies have detected a spam-based campaign, running on the social networking sites, that is spreading malicious browser plugin via social ...

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North Korea’s Kim Jong-un hails ‘successful’ submarine missile test

  Seoul / AFP North Korean leader Kim Jong-Un hailed a submarine-launched ballistic missile (SLBM) test as an “eye-opening success”, state media said on Sunday, declaring Pyongyang has the ability to strike Seoul and the US whenever it pleases. Saturday’s launch came amid growing concern that Pyongyang is preparing a fifth nuclear test. But it was followed just hours later by ...

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Mohammed inspects progress of Dubai Parks and Resorts project

  DUBAI / WAM Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, on Saturday inspected the workflow of the final stages of Dubai Parks and Resort project, the largest integrated theme park destination in the Middle East. The project, that cost more than AED10 billion, is spread across 25 million square ...

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UAE joins 175 nations on climate pact

  NEW YORK / WAM The UAE joined 175 countries to sign the Paris Climate Agreement during the high-level signing ceremony, convened by the United Nation’s Secretary General Ban Ki Moon, in New York. The ceremony marked the first step in implementing the Paris Agreement, which was adopted in December 2015. Signing on behalf of the UAE government was Dr ...

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Masdar symposium on German building tech

  Abu Dhabi / Emirates Business The Masdar Institute of Science and Technology an independent, research-driven graduate-level university focused on advanced energy, and sustainable technologies, on Saturday announced it hosted a symposium titled “Energy Efficiency and Renewables: Building Technology – Made in Germany.” The event, held at Masdar Institute, was part of a series of symposiums in Dubai and Abu ...

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Construction sector to put focus on fire safety

  Sunaina Rana / Emirates Business Emphasising on the fire safety codes for buildings and testing protocols for construction, the regulators of the construction industry would discuss significance of using innovative materials and systems such as ventilated facades and metal faced sandwich panels that would contribute to achieving fire safety in the UAE at the 6th Annual Fire Safety Technology ...

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3 years on, Rana Plaza replay looms

  Dhaka / AFP As they jostle for space on the floor, with the door to their fire escape padlocked, the seamstresses cannot help but recall the carnage when another of Bangladesh’s garment factories collapsed three years ago. “We always worry what will happen if a blaze breaks out or the building caves in,” one woman worker said on condition ...

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Carry trade gains traction as currency volatility turns lower

  Bloomberg Conditions in the $5.3 trillion foreign-exchange market have turned supportive for one of the most popular trading strategies — the carry trade. Returns from the technique, in which investors borrow in currencies with low interest rates and use the proceeds to buy an asset with higher rates, advanced this week to the highest levels since December, according to ...

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Yahoo to narrow field of bidders as soon as next week

  Bloomberg First-round bidders for Yahoo! Inc. could find out as early as next week whether they’ve made it through to the next stage. Yahoo’s advisers will spend the weekend narrowing down the field of bidders after receiving more than 10 initial offers for the Internet company ranging from about $4 billion to $8 billion. Several first-round bidders will be ...

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Merkel visits refugee camp in Turkey to assess migrant pact

  Turkey / AFP German Chancellor Angela Merkel visited a refugee camp on the Turkish-Syrian border on Saturday, kicking off a high-stakes visit aimed at boosting a month-old migrant deal plagued by moral and legal concerns. Merkel, who was accompanied by European Council head Donald Tusk and European Commission Vice President FransTimmermans, headed to the Nizip 2 camp near Gaziantep ...

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