January, 2017

• 28 January

  China beefs up drive to ‘clean up’ internet sector

  

    BEIJING / AP China is beefing up a campaign to root out services that circumvent the government’s internet censorship with a 14-month-long “clean-up” of the internet industry. The Ministry of Industry and Information Technology said in a directive that it forbids the operation of virtual private networks (VPNs) or leased lines that allow users and businesses to access blocked …

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• 28 January

  FB hires Xiaomi’s Barra to lead VR tech efforts

  

    Bloomberg Facebook Inc. hired Hugo Barra to lead its virtual reality efforts just days after he quit Chinese smartphone maker Xiaomi Corp. Barra, who led Xiaomi’s international expansion, will now take on a different challenge as vice president of virtual reality. He will need to navigate the competitive and young market, where Facebook’s Oculus Rift and Gear products have …

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• 28 January

  Apple to join Amazon, Google, Facebook in AI research group

    Bloomberg Apple Inc. is set to join the Partnership on AI, an artificial intelligence research group that includes Amazon.com Inc., Alphabet Inc.’s Google, Facebook Inc. and Microsoft Corp. Apple’s admission into the group could be announced as soon as this week, according to people familiar with the situation. Representatives at Apple and the Partnership on AI declined to comment. …

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• 28 January

  A gadget that every tech-savvy diver needs

    Bloomberg You need two primary pieces of information from a dive computer: your depth and how much time you have left before too much nitrogen gives you the bends. More advanced gadgets can tell you about the temperature of the water and the quality of the air left in your tank and may come with a submersible pressure gauge …

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• 28 January

  IOT to usher in a new smart tech revolution

  

    Kevin Cha Emirates Business Technology today has progressed to the point where innovative solutions are no longer about creating a better life, instead it is the desire to create a better lifestyle for consumers that underpins the most exciting new products. While some of these sophisticated innovations will quickly find their way into our lives and change how we …

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• 28 January

  UAE, India to boost bilateral trade by 60% in next 5 years

  

  NEW DELHI / WAM The State Visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to India from 24th to 26th January as the Chief Guest of India’s 68th Republic Day celebrations marked a momentous occasion in relations between India and the UAE, said a …

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• 26 January

  Foreigners buy shares worth AED2.4bn on DFM

    DUBAI / WAM Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-UAE nationals, this week reached about AED2.45 billion, while value of stocks they sold stood at AED2.43 billion, with net foreign investment on the market reaching AED19 million during the period, as aggregate buy. Value of shares bought by foreigner investors …

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• 26 January

  MoF organises donation drive to support Aleppo

    Dubai / Emirates Business As part of the declaration of 2017 as the ‘Year of Giving’ by UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the Ministry of Finance (MoF), in collaboration with Emirates Red Crescent, organised a donation campaign to aid and support the people of Aleppo at its premises in Abu Dhabi and Dubai.The donation …

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• 26 January

  PDO boosts Duqm with $1.2bn pipe supply pact

    MUSCAT / WAM Petroleum Development Oman (PDO) signed on Thursday a 1.2 $ billion contract to supply piping for its drilling operations through Duqm. The five-year deal with Japanese supplier Sumitomo further includes a new supply yard in the Duqm Special Economic Zone, which will be a logistics centre for materials being delivered to PDO’s drilling locations. The agreement …

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• 26 January

  National Bonds registers 50% rise in female savers

    Dubai / WAM National Bonds Corporation (National Bonds), the leading sharia-compliant savings and investment company in the UAE, has announced that it registered a 50 percent increase in the number of female regular savers in 2016 in comparison with 2015. In addition, the cumulative savings within the company’s various programs grew by 43 percent last year. Currently, National Bonds …

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