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Blockchain technology key to Mideast’s digital economy

  Dubai / Emirates Business New and emerging blockchain technologies are integral to supporting and realising a digital economy in the Middle East while ensuring effective protection against rapidly evolving threats of data security and cybercrime, said global consulting and technology firm Booz Allen Hamilton in a new report released on Tuesday. The report, titled ‘Blockchain Technology – Can the ...

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UK CEOs seek access to EU trade, workers after historic exit vote

  Bloomberg The vote is over but the campaign continues. With financial markets reeling from the Brexit vote, U.K. companies are stepping up lobbying to maintain access to the EU’s single market and labor, deepening potential rifts with British “Leave” voters who want to curb immigration. Prime Minister David Cameron has called an emergency meeting on Thursday of his Business ...

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US, Mexico, Canada pledge 50% clean power by 2025

  Bloomberg The U.S. and Mexico will commit to joining Canada in boosting their use of wind, solar and other carbon-free sources of electricity, helping North America meet an ambitious goal of generating at least 50 percent of its energy from “clean” sources by 2025. The pledge is set to be made as part of a trilateral summit of North ...

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Brazil’s upside down coffee mkt means a tastier cup

  Bloomberg Brazil’s economy is turning sour, but the coffee is sweeter. A drought across robusta plantations this year has raised prices for the bitter-tasting type of coffee that’s usually the cheapest. In some cases, the beans are now more expensive than arabica, the variety preferred for high-end drinks because of its smooth flavor, and roasters are changing their blends. ...

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UAE’s first Nanosatellite readies for space launch

  Dubai / Emirates Business The Mohammed bin Rashid Space Centre (MBRSC) and the American University of Sharjah (AUS) have announced the completion of the design and building of the communication Nanosatellite, Nayif-1. The satellite has also successfully passed all stages and tests, and is now ready for launch into space aboard SpaceX’s Falcon 9 Rocket. The UAE’s first Nanosatellite ...

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DWTC events rake in AED12bn for Dubai

  Dubai / Emirates Business The latest Economic Impact Assessment report released by Dubai World Trade Centre (DWTC), revealed that the spend associated with large-scale exhibitions, trade events, conventions and conferences hosted at DWTC in 2015 has contributed AED 12 billion in retained value towards Dubai’s economy, equivalent to 3.1 percent of the emirate’s GDP (Gross Domestic Product). The 2015 ...

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DLD launches new smart Ejari App

  Dubai / Emirates Business Dubai Land Department (DLD) recently announced the launch of the ‘Ejari’ smart application at the Dubai Real Estate Institute (DREI)’s forum for leasing and property management companies, at an event which was attended by DLD’s senior management and a number of senior managers, The new Ejari electronic platform is expected to make a quantum leap ...

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Spain conservatives push for govt after uncertain vote

  Madrid / AFP Spain’s ruling conservatives made a fresh push on Monday to form a government and unblock months of political paralysis after emerging stronger from another inconclusive general election. The Popular Party (PP) was the big winner of Sunday’s elections, the second in six months, which played out against a background of turbulence from Britain’s shock vote to leave ...

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Suicide bombings kill 5 in Lebanon-Syria border village

  Al-Qaa / AFP A string of suicide bombings early on Monday killed at least five people in a Lebanese village near the volatile border with war-ravaged Syria. The attack came just hours after the IS group on Sunday claimed responsibility for a suicide bomb that killed seven soldiers on Jordan’s border with Syria. Monday’s deadly blasts struck Al-Qaa, a predominantly ...

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Dubai Culture bags Green IT award

  Dubai / Emirates Business Dubai Culture and Arts Authority (Dubai Culture), the Emirate’s dedicated entity for heritage, arts and culture, has been announced as the winner of the Government Green IT Initiative of the Year 2016 at the .Gov Dubai & Northern Emirates Awards Ceremony. The prize recognises the Information Technology Department at Dubai Culture, for their ongoing work ...

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