December, 2016

• 28 December

  Samsung hints new feature for Galaxy A(2017) series

    Relaxnews Samsung Malaysia released an image via the social media network, with water droplets which read “IT ALL BEGINS WITH A. HOLD YOUR BREATH” — hinting that the Galaxy A(2017) will be able to survive being dropped in water. If the teaser rings true, the Galaxy A(2017) will boast an Ingress Protection rating of IP68, and will follow in …

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• 28 December

  Ten minutes of play sums up Super Mario Run

  

    Bloomberg Nintendo Co.’s debut game for smartphones is turning out to be anything but super. Since its release, Super Mario Run has shot to the top of download charts in more than 100 countries as tens of millions celebrated the iconic video game character’s arrival on iPhones. Yet problems emerged almost immediately, with thousands vigorously complaining that the three …

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• 27 December

  UAE key player in shaping future through innovation

  

    DUBAI / WAM The UAE is an active key player in shaping the future through accelerators, innovation and adoption of scientific and modern technologies, said Saeed Mohammed Al Tayer, CEO and Managing Director of Dubai Electricity and Water Authority, DEWA. “The UAE’s leaders give high priority to efforts to anticipate and shape the future,” he said in his keynote …

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• 27 December

  Gulf Navigation Holding-SeaQuest tie-up to create new joint venture

    DUBAI / WAM Dubai-based Gulf Ship Management, a wholly owned subsidiary of Gulf Navigation Holding, announced a recent tie up with Switzerland’s SeaQuest Group to set up a ship management joint venture and expand operations in the region. A new company will be created under a partnership agreement signed recently. It will be affiliated and owned by Gulf Navigation …

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• 27 December

  MoF holds meeting of Financial Policy Coordination Council

    DUBAI / WAM The Ministry of Finance (MoF) organised third and final meeting of Government Financial Policy Coordination Council for 2016 on its premises in Dubai. Speaking on the occasion, Al Khoori said, “Since its establishment in 2008, the council achieved important accomplishments in the coordination of financial policy, identifying projects funding mechanisms and discussing sovereign credit ratings for …

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• 27 December

  Sharjah signs agreement to boost tourism in emirate

    SHARJAH / WAM The Sharjah Commerce and Tourism Development Authority (SCTDA) signed an MoU with the Directorate of Town Planning and Survey in Sharjah. The agreement was signed by Khalid Jasim Al Midfa, Chairman of SCTDA, and Salah bin Butti Al Muhairi, Head of the Directorate of Town Planning and Survey, in an effort to bolster cooperation between governmental, …

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• 27 December

  Peace through technology

  

    What the former assistant secretary of the Navy said is descriptive of the entire military. Each service’s culture, and interservice rivalries, and bureaucratic viscosity are resistant to reform. Which is why the next secretary of defense, retired Marine Corps Gen. James Mattis, has the most difficult management challenge in American government. He comes from a service whose core mission, …

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• 27 December

  The Fed puts China in a bind

  

    Last week, when the US Federal Reserve raised interest rates, it was a sign for many investors that things were getting back to normal. For China, facing large-scale capital outflows and a declining currency, it was a sign of a serious problem. For the past decade, China has maintained a “soft peg” of the yuan, allowing it to rise …

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• 27 December

  How to get the govt out of mortgage lending

    One of the least discussed challenges of the incoming Trump administration may also be among the most economically consequential: what to do with Fannie Mae and Freddie Mac, the government-controlled entities that own or guarantee about half of all U.S. home mortgages. Trump’s pick for Treasury Secretary, Steven Mnuchin, has said he wants to put housing finance back into …

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• 27 December

  Abe’s Pearl Harbor visit shines light on US-Japan tie

    Japanese Prime Minister Shinzo Abe visited Hawaii’s Pearl Harbor yesterday. It is the site of surprise attack by Japanese that pulled America into World War II. The attack had been prepared in secret by Japan for months. But it was over within two hours. At least 2,300 Americans died on December 7, 1941, when more than 300 Japanese fighter …

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