February, 2016

• 20 February

  Dealing with inheritance issues the ‘smart’ way

  Abu Dhabi / Emirates Business Dubai Courts has launched ‘Smart Inheritance,’ the latest addition to its growing portfolio of smart applications. Available in both English and Arabic versions, the new app has been designed to help facilitate faster completion of legal transactions concerning inheritance issues between heirs, agents and guardians. The release of ‘Smart Inheritance’ is expected to drive in ...

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• 20 February

  A ‘secure’ boost to communication

  

  Abu Dhabi / EMIRATES BUSINESS Fool-proof communication channel could be a key to any organisation’s success. In a bid to achieve this while offering local corporates customised solutions, UAE-based cyber security firm DarkMatter has introduced innovative voice and chat application for iOS and Android. The application provides end-to-end secure communications, based on the latest advancements in cryptography, cryptographic implementations, and ...

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• 20 February

  Heart of Sharjah woos family and young alike

  Sharjah / Emirates Business The Heart of Sharjah (HOS), one of Sharjah’s premiere tourist destinations, hosted a series of fun-filled activities and workshops for families and young people in collaboration with Maraya Art Centre under the title “Nabdh”, which is Arabic for pulse and with the participation of renowned puppeteers. Visitors of the Heart of Sharjah, from all ages, enjoyed ...

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• 20 February

  Gulfood 2016 to usher in tastier trends

  

  Sunaina Rana / Emirates Business Gulfood, one of the world’s leading food trading platforms, would be marking its 21st edition at Dubai World Trade Centre (DWTC) on Sunday. The show would begin with top notch food exhibitors delivering the latest trends of food and offering new prospects to add more into the food trade in this region. Around 5,000-plus corporates ...

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• 20 February

  Besides ‘Make in India,’ How about ‘Visit India’?

  

  At a recent business conclave in Mumbai in the context of the “Make in India Week,” CNN’s famed foreign affairs commentator Fareed Zakaria made an innocuous suggestion to India’s Finance Minister Arun Jaitley during the course of an interview. “Another area of job creation which strikes me,” said Zakaria, “is not quite ‘Make in India’ but ‘Visit India.’ ” Citing ...

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• 20 February

  China’s hunt for aliens, scientists

  

  China recently announced that it is relocating 9,110 villagers to make way for a giant telescope that — among other tasks — will search for extraterrestrial life. Once the unlucky residents are gone, the government will get down to the real business of the world’s largest radio telescope: attracting the scientific talent necessary to transform China’s economy. That won’t be ...

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• 20 February

  Liquidity may be the best predictor of recessions

  

  As the world’s equities markets are buffeted by bouts of intense volatility, analysts have started uttering a chilling phrase: bear market. China’s markets have entered this territory, and the US might not be too far behind. That possibility invariably leads to speculation that the declines are harbingers of worse to come, in other words, a recession. This question has attracted ...

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• 20 February

  Singapore Airshow announces $12bn of deals from trade days

  

  SINGAPORE / AP Organisers of the Singapore Airshow said $12.3 billion in airplane deals were signed at the event this week, a sharp drop from the last show in 2014. Leck Chet Lam, managing director of Experia Events, said that this year’s figure was comprised of 10 deals, with another 40 made at undisclosed values. There were 24 undisclosed deals ...

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• 20 February

  Kering’s sales beat estimates as Gucci returns to growth

  

  PARIS / Bloomberg French luxury-goods maker Kering SA reported fourth-quarter revenue growth that beat analyst estimates as the Gucci brand showed the first signs of a turnaround under Chief Executive Officer Marco Bizzarri and creative director Alessandro Michele. Sales climbed 8 percent on a comparable basis, Paris-based Kering said in a statement Friday. Analysts predicted growth of 4.1 percent, according ...

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• 20 February

  Wal-Mart beaten by Amazon despite spending billions

  

  Bloomberg After spending billions on its web operations to take on rival Amazon.com Inc., the last thing Wal-Mart Stores Inc. wanted to tell investors was that online sales momentum was slowing. Yet the world’s biggest retailer said that e- commerce sales rose only 8 percent in the fourth quarter. That’s down from 10 percent in the third quarter and 16 ...

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