It’s a near-certainty that your organization’s computer system has been or will be broken into. And even if you’re security-conscious and vigilant, you may be to blame. The overwhelming majority of hacks — including the huge Sony attack of 2014, the recent intrusions into the U.S. Democratic National Committee’s network and, probably, the $81 million Bangladesh Bank heist that pointed ...
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Syria peace talks intrude as G20 tackles global economy
Hangzhou / AFP G20 leaders met on Monday under pressure to reboot the world economy, but a stumbling push for a Syria ceasefire and Asia’s heated territorial disputes intruded on the summit in Hangzhou. There had been hopes of a breakthrough in stemming the Syria conflict after the US said it was close to a deal with Russia. But frantic ...
Read More »Merkel under fire as anti-migrant party wins
Berlin / AFP German Chancellor Angela Merkel came under fresh fire over her open-door refugee policy on Monday after her party suffered a humiliating defeat against an upstart anti-migrant populist party in her home state. The right-wing populist Alternative for Germany (AfD) party clinched almost 21 percent in its first bid for seats in the regional parliament of Mecklenburg-Western ...
Read More »Russia launches major military drills set to rattle Ukraine
Moscow / AFP Russia on Monday launched large-scale military drills on Ukraine’s eastern border and around the Crimean peninsula, in the latest exercises set to rattle Kiev and the West. The defence ministry said 12,500 servicemen are taking part in the drills across its southern military region, which encompasses Russia’s volatile North Caucasus and the annexed Crimea region. The ...
Read More »Oil rally boosts Saudi Arabia, property shares support UAE
Dubai / Reuters Saudi Arabia’s stock market posted its biggest daily gain in four months on Monday as oil prices surged, while shares of Dubai’s property developers rose before a major exhibition for the industry this week. Riyadh’s stock index rose 1.7 percent to 6,204 points, and trading volume grew by more than half, as Brent crude futures jumped ...
Read More »London stocks drop on strong pound
London / AFP London’s stock market fell on Monday on a rallying pound, while eurozone indices rose further after a pre-weekend surge triggered by well-received US jobs data. Around 1015 GMT, London’s benchmark FTSE 100 index was down 0.25 percent, as the pound jumped above $1.33 in the wake of strong UK services sector activity that further eased concerns ...
Read More »Global Grad Show to host cutting-edge tech
Dubai / Emirates Business On its second year, the Global Grad Show is opening in Dubai from October 24-29 attracting an unprecedented number of student innovators exhibiting their unique designs. The show returns with 145 projects from 50 leading global universities, representing an almost three-fold increase in participation over last year and, for the first time, includes schools from ...
Read More »Sharjah int’l book fair looks to a record-breaking year
Dubai / Emirates Business The 35th edition of the Sharjah International Book Fair (SIBF), taking place from November 2-12 has announced that 2016 is set to be another record-breaking year. The organisers of the third largest book fair in the world have revealed that its total exhibition area for publishers has been already sold out, with two more months ...
Read More »Harnessing the power of data chaos to drive digital growth
Siddhartha Bhattacharya / Special To Emirates Business The Era of Data Chaos has arrived. Businesses in UAE need a better way to face the mountains of data created every day. Depending on the industry, your company possesses between 1 million and 12 million gigabytes of information. Most of that data is unstructured. Of course, this makes document management chaotic. ...
Read More »Saudi, Russia vow oil coop but not freeze
Bloomberg The world’s top two crude-oil producers pledged to cooperate to stabilize global markets, while failing to announce any specific measures to bolster prices. “We have a number of tools at our disposal for joint actions,†Russian Energy Minister Alexander Novak said Monday following a meeting with his Saudi counterpart Khalid Al-Falih at the G20 summit in China. Russia ...
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