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S’pore tourism slumps

  Bloomberg Singapore forecasts slower growth in tourist arrivals this year, citing global economic and political uncertainties and stiffer competition from neighbors in the region. Visitors may increase zero percent to 2 percent in 2017, according to the Singapore Tourism Board. Growth was 7.7 percent last year with a record 16.4 million tourists led by visitors from China, India and ...

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New supercomputer aids climate change research

  Bloomberg A new supercomputer in the top coal-mining state has begun critical climate-change research with support from even some global warming doubters, but scientists worry President Donald Trump could cut funding for such programs. The $30 million, house-sized supercomputer named Cheyenne belongs to a federally funded research center. It got to work a few weeks ago crunching numbers for ...

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Zuckerberg aims to remake a world Facebook helped create

  NEW YORK / AP Mark Zuckerberg helped create the modern world by connecting nearly a quarter of its citizens to Facebook and giving them a platform to share, well, everything — baby pictures and Pepe memes, social updates and abusive bullying, helpful how-to videos and live-streamed violence. Now he wants to remake it, too, in a way that counters ...

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Next-gen antivirus shield against sophisticated security threats

  Emirates Business SecureWorks Corp. (NASDAQ: SCWX), a leading provider of intelligence-driven information security solutions, and Carbon Black, the leader in next-generation endpoint security, are teaming up to bring managed, next-generation antivirus (NGAV) protection to clients to block sophisticated security threats. As a part of SecureWorks’ advanced endpoint security solutions, SecureWorks will offer Advanced Endpoint Threat Prevention (AETP), a next-generation ...

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Mubadala board endorses new structure

  ABU DHABI / WAM Mubadala Investment Company, the newly-formed strategic investment company wholly owned by the government of Abu Dhabi, announced that its Board of Directors, chaired by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and its vice-chairman, HH Sheikh Mansour bin Zayed Al ...

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MoF, Burundi ink deal on avoidance of double taxation, investment protection

  ABU DHABI / WAM The Ministry of Finance (MoF) signed two final agreements on the avoidance of double taxation and the protection and promotion of investment with Burundi. The agreements came as part of the Ministry’s strategy to expand its international relations and to protect and promote Emirati investments. The agreement was signed by Obaid Humaid Al Tayer, Minister ...

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DFM’s UAE listed firms show 100% compliance

  Dubai / WAM Dubai Financial Market (DFM) announced on Thursday that its UAE listed companies have shown a 100% compliance to disclose their preliminary results for the financial year 2016 within the deadline of 45 days from the end of the year in line with the regulations of the Securities and Commodities Authority (SCA). As much as 48 UAE ...

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Strategic partners top priority for Dubai Airports 2017-2025 plan

  Dubai / WAM Strategic partners are on top of Dubai Airports priorities regarding its strategic plan 2017-2025 to achieve their aspirations of making Dubai International Airport an international model in service and satisfying customers in compliance with the UAE government’s directives, said Majed Al Joker, Senior Vice President of Dubai Airports for Corporate Assurance and Governance. Al Joker praised the ...

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ADGM, MFSA ink MoU on regulatory coop

  Abu Dhabi / WAM Abu Dhabi Global Market (ADGM) and the Malta Financial Services Authority (MFSA) have signed a Memorandum of Understanding to reinforce regulatory cooperation for the supervision of financial institutions, to facilitate joint collaboration and exchange of information as well as support cross border activities. The MoU was signed on February, 2 by Joseph V. Bannister, Chairman of ...

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Mohammed issues decree on formation of Dubai World Board

  Dubai / WAM Vice President, Prime Minister, His Highness Sheikh Mohammed bin Rashid Al Maktoum, in his capacity as the Ruler of Dubai, issued Decree No. (3) of 2017 on the formation of the Board of Directors of Dubai World under the chairmanship of His Highness Sheikh Ahmed bin Saeed Al Maktoum. The new board includes Mohammad Ibrahim Al Shaibani, ...

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