Recent Posts

Now, go high tech at sea with Carnival’s wearables

  Bloomberg Carnival Corp. is unveiling wear- able technology that allows cruise ship staff to personalize service at sea, whether it’s knowing a guest’s favourite drink or wishing them a happy birthday. The world’s largest cruise operator plans to roll out its OceanMedallions on Princess Cruises starting in November. The quarter-size medallions can be worn like a watch, a necklace ...

Read More »

Mubadala to pledge $15bn to SoftBank for tech investment

  Bloomberg Abu Dhabi’s Mubadala Development Co. is considering committing $10 billion to $15 billion to partner with SoftBank Group Corp. and Saudi Arabia’s Public Investment Fund in a new vehicle to invest in global technology, according to people familiar with the matter. The SoftBank Vision Fund is set to close in January and will be capped at $100 billion, ...

Read More »

GCC members spend $150 billion a year on education

  ABU DHABI / WAM The Gulf Cooperation Council (GCC) member states are spending nearly US$150 billion a year on education, according to figures released by the GCC Federation of Chambers of Commerce and Industry. ‘‘There is a need for in-depth study of the challenges facing the delivery of quality education despite the huge funds spent throughout the past decades,’’ ...

Read More »
Send this to a friend