Recent Posts

Machines will never put humans out of work

  Leonid Bershidsky It is now widely accepted that technological advances, especially ones that make machines more like humans — such as robotization or artificial intelligence — are putting people out of work and will only destroy more jobs in the future. The wealth will accrue to those who own the machines, not to what’s known as the middle class ...

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Corruption, economic development and poverty alleviation

  Asit K. Biswas / Augustin Boey SPECIAL TO EMIRATES BUSINESS Corruption has probably existed since the dawn of human civilization. With a steadily increasing population, accelerating economic activities accelerating, and intensification of global inequalities, corruption has become increasingly commonplace and pervasive. Alan Greenspan, former Chairman of the Federal Reserve of the United States of America, has observed: “Corruption, embezzlement ...

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Region’s largest auto aftermarket show opens doors today in Dubai

  Sunaina Rana / Emirates Business As the automotive industry vrooms into the lane of fast growing sectors in the region, the demand for automobile spare parts also soars high. Underlining the boost in the industry, exhibitors from around the world have come together on the same platform to exhibit their products at the region’s largest auto aftermarket trade show ...

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