March, 2017

• 19 March

  ‘Apple not aiming for specific China market share’

    Bloomberg Apple Inc. doesn’t have a specific goal for market share in China, where it faces the fiercest local competition anywhere, Chief Executive Officer Tim Cook said. China has unique characteristics, in that its mobile payment market is well ahead of the US and local consumers have a greater willingness to change habits, Cook said at a panel discussion ...

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• 19 March

  Industrial bots grab biggest slice of $34bn global robotics market

  

    Bloomberg Forget robotic vacuum cleaners, medical assistants or butlers, for now industrial robots represent the greatest slice of the $34 billion global robotics market. The classic industrial robot is a deaf and blind arm carrying out repetitive tasks reliably without a break. That also means they must be fenced off from people working on factory production lines, in case ...

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• 19 March

  Cycling gets a tech revamp with digital training software

  

    Bloomberg For decades, cyclists hoping to stay fit through the winter have been presented with the same choice: bundle up and brave the elements or resign themselves to hours of frustration on an indoor training device. Basically, a cyclist can suffer from frostbite or boredom. No longer. We live in a marvelous age of technical innovation, where a robot ...

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• 18 March

  UAE global leader in fiber optic network

  

    Abu Dhabi / Emirates Business UAE is ranked no. 1 for the highest Fiber to the Home (FTTH) penetration in 2016 among all its global counterparts, according to the leading industry body FTTH Council. The council published its annual report recently that highlighted UAE with a coverage of 93.7 percent compared to countries such as Qatar (87.9 percent), Singapore ...

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• 18 March

  Shurooq launches eco-tourism project

  

    Sharjah / Emirates Business As part of its strategy to provide the region’s leading sustainable tourist destinations, the Sharjah Investment and Development Authority (Shurooq), has begun implementing the stunning Kalba Kingfisher Lodge, its latest ground-breaking eco-tourism project, in collaboration with the Sharjah Environment and Protected Areas Authority (EPAA). Shurooq said that the five-star hospitability project, featuring a tented camp ...

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• 18 March

  UAE among world’s major humanitarian donors in record time

    Abu Dhabi / WAM The UAE has been ranked as one of the world’s largest donor countries in terms of development aid, British Ambassador to the UAE, Philip Parham, has said. He added this has happened in record time. “The UAE and the United Kingdom have a proven track record in aid donations as they have exceeded the goal ...

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• 18 March

  Work on AED107mn Delma School project on schedule: Musanada

  

    Abu Dhabi / WAM Abu Dhabi General Services Company (Musanada) announced that work is progressing as scheduled on the Delma School Project, to be eventually handed over to Abu Dhabi Education Council (ADEC). This forms part of Musanada’s contribution to achieve the objectives of Abu Dhabi Plan, enhancing the development of a promising generation to engage in serving the ...

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• 18 March

  Hacking is digital world’s oldest profession

  

    WikiLeaks leader Julian Assange’s revelation last week of the CIA’s arsenal of hacking tools had a misplaced tone of surprise, a bit like Claude Raines’ famous line in “Casablanca”: “I’m shocked, shocked to find that gambling is going on in here!” The hacking community, of which WikiLeaks and the CIA’s cyberwarriors are both aggressive offshoots, has been invading and ...

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• 18 March

  When an Indian billionaire becomes an activist investor!

  

    Indian mining billionaire Anil Agarwal wins a gold star for boldness. His timing? “Could do better.” During the depths of the mining industry’s debt panic in January 2016, a 2 billion pound ($2.5 billion) investment in London-listed Anglo American Plc would have secured him more than two-thirds of the stock. Today, after a commodity price rebound and Anglo’s deleveraging ...

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• 18 March

  Tweet, but verify

    When President Donald Trump claimed on Twitter that his predecessor had tapped his phones, he created something of a metaphysical crisis. No one — not the Justice Department, not Congress and least of all the president himself — seemed able to ascertain the truth about the accusation. Now that they’ve had some time to look into it, what do ...

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