April, 2016

• 3 April

  Amazon to buy stake in mapping company HERE

  FRANKFURT / Reuters Amazon is in talks with a consortium of German carmakers about taking a stake in high-definition digital mapping company HERE, two auto industry sources familiar with the matter said. Last August, BMW, Audi and Mercedes agreed to pay 2.5 billion euros ($2.8 billion) to buy Nokia’s mapping business as part of plans to develop self-driving cars. Since ...

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• 3 April

  Fragments from history

  

  Beijing / AP Stuffed into a tiny room off an alleyway are items that Wang Jinming readily admits were put out with the garbage: Paper string, a needle holder, a metal pancake maker built for thrusting into a fire. “These objects all look quite old and shabby,” he said. “But they record real history.” Wang’s Beijing Old Items Exhibition in ...

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• 3 April

  Britain’s remaining milkmen keeping tradition afloat

  

  St Albans / AFP Once a daily sight on every British street, a dwindling but resilient band of milkmen still go out at the crack of dawn to deliver bottles of fresh milk to the nation’s doorsteps. The overwhelming majority of milk used to be sold at the front door until the supermarket revolution all but wiped out this very ...

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• 3 April

  Offering robust IT security

  

  Sunaina Rana / EMIRATES BUSINESS Help AG is a strategic information security consulting company, founded in Germany in 1995. Since its establishment in the Middle East in 2004, Help AG has maintained a sole focus on advanced IT security services and solutions, laying specific importance to three pillars — application security, understanding of the security impact of the application and ...

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• 3 April

  Nissan: Reigning UAE terrains

  

  Our Correspondent / Emirates Business Nissan Motor Co. Ltd. became the first Japanese car manufacturer to establish a regional Middle East headquarters in June 1994. Nissan’s relationship with the Middle East goes back to 1957 when the first Nissan vehicles were delivered to Saudi Arabia. Nissan has since grown into one of the most recognised automotive brands in the Middle ...

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• 2 April

  Senaat revenues reach AED14bn

  

  ABU DHABI / WAM Senaat General Holding Corporation (Senaat), a leading industrial holding company in Abu Dhabi, recorded a strong performance for the year, registering revenues of approximately AED 14.04 billion for FY 2015, a 5 per cent increase from AED 13.42 billion in revenues achieved in FY 2014. The increase in revenues reflects a stronger commercial performance across the ...

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• 2 April

  Shurooq explores ways for ‘Portuguese investment’

  SHARJAH / WAM The most effective ways of enhancing business between Sharjah and Portugal were high on the agenda at a key meeting organised by Sharjah Investment and Development Authority (Shurooq) in collaboration with AICEP Portugal Global Trade and Investment Agency. More than 50 business stakeholders attended the premium roundtable event, which was held at Sharjah Chamber of Commerce and ...

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• 2 April

  Masdar ‘innovation ecosystem’ status drives future expansion

  

  ABU DHABI / WAM Masdar City in Abu Dhabi, one of the world’s most sustainable urban developments, will undergo significant expansion over the next five years driven by its emergence as a hub for R&D and the commercialisation of clean technologies. “Around 35% of the planned built-up area will be completed over the next five years – up from 5% ...

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• 2 April

  DEWA opens 1.5 MW roof-top arrays at JAPS

  DUBAI / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), inaugurated one of the largest single-rooftop arrays in the Middle East and North Africa, a 1.5 megawatt direct current (MWdc) photovoltaic generation project at Jebel Ali Power Station (JAPS), and successfully connected it to DEWA’s grid. This supports the Shams Dubai initiative, which ...

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• 2 April

  UAE at int’l ‘financial meet’

  PARIS / WAM Obaid bin Humaid Al Tayer, Minister of State for Financial Affairs, participated in the G20 high level seminar on international financial architecture held in Paris under the slogan “From Nanjing to Paris”, where speakers addressed the most important evolutions of the international monetary system, including the IMF’s recent decision to include official currency of the People’s Republic ...

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