February, 2017

• 15 February

  Will Amazon revolutionize shipping?

  

    For consumers, Amazon’s made shipping easy: Just choose the desired delivery date for your goodies and click. For the manufacturers who have to get those products to you, however, shipping remains a troublesome, inefficient, stubbornly analog business. Your “one-click” often translates into multiple phone calls, emails, faxes and reams of paperwork — all coordinated by a knowledgeable and well-connected ...

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• 15 February

  Apple mulls China supplier for next-gen iPhone screen

  

    Bloomberg Apple Inc. is in discussions with China’s BOE Technology Group Co. to supply next-generation displays for future iPhones, a key component that’s being provided by a Samsung Electronics Co. unit, people familiar with the matter said. Apple’s been testing BOE’s active-matrix organic light-emitting diode screens for months but hasn’t decided if it’ll add the Chinese company to its ...

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• 15 February

  Microsoft calls on nations to keep civilians out of cyberhacks

  

    Bloomberg Microsoft Corp. is urging countries to step up protection for civilians from state-sponsored cyberhacking, through the formation of international agreements similar to the Geneva Conventions and an independent group to investigate and share evidence on the attacks. The company also is advocating bilateral accords, such as the possibility that “the United States and Russia can hammer out a ...

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• 15 February

  Ferrostaal forays into Middle East with cyber solutions

  

    Dubai / Emirates Business Ferrostaal Group, a leading provider of industrial solutions around the globe, announced the opening of Ferrostaal Technology Solutions L.L.C. (FSTS), its cyber-security focused systems integration division. With headquarters in Dubai Silicon Oasis, the new division will leverage Ferrostaal’s global cyber-security expertise and experience to help businesses in the Middle East reduce their risk and comply ...

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• 15 February

  Senators try to speed up deployment of self-driving cars

  

    WASHINGTON / AP In the first major congressional attempt to address the advent of self-driving cars, two senators said they’re launching a bipartisan effort to help to speed up the deployment of the vehicles on the nation’s roads. Republican John Thune of South Dakota, the chairman of the Senate Commerce, Science and Transportation Committee, and Democrat Gary Peters of ...

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• 14 February

  Abu Dhabi panel inspects Al Ain housing projects

    ABU DHABI / WAM A delegation from the Infrastructure and Environment Committee and the Social Development Committee inspected workflow at a number of ongoing housing projects in the city of Al Ain, including the Jebel Hafeet and Ain Al Fayada residential projects. The delegation was headed by Falah Mohamed Al Ahbabi, Chairman of the Infrastructure and Environment Committee, and ...

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• 14 February

  Emaar Properties records AED5.23bn net profit in 2016

    Dubai / WAM Global developer Emaar Properties PJSC recorded a robust full-year 2016 net profit of AED5.233 billion, 28 percent higher as compared to the FY 2015 net profit of AED4.082 billion. Emaar achieved FY 2016 revenues of AED15.540 billion, an increase of 14 per cent over FY 2015 revenues of AED13.661 billion. Highlighting the strength of its diversified business ...

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• 14 February

  Foreign investors buy AED3bn shares in ADX in one month

    Abu Dhabi / WAM Foreign investors’ purchases in Abu Dhabi Securities Exchange (ADX) in January 2017 reached AED3.13 billion, representing 40.4 percent of total buy trades, whereas their sell stood at AED2.723 billion, representing 35.2 percent of total sell trades. Subsequently, the net foreign investment in January reached AED 406 million. ADX general index in January grew by 0.03 percent ...

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• 14 February

  Dubai Chamber presents CSR Label to 39 companies

    Dubai / WAM Dubai Chamber of Commerce and Industry (DCCI) has honoured 39 companies with the CSR Label for their Corporate Social Responsibility, CSR, and sustainability efforts. Those who received the accolade included Intercoil International Co. LLC, Mashreq, Qurum Business Group, and Standard Chartered Bank for the sixth time, while Ducab, Emirates Transport, Emrill Services, Majid Al Futtaim Properties, National ...

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• 14 February

  AUH awards car parking contract for MTC

    Abu Dhabi / WAM Abu Dhabi Airports (AUH) awarded a five-year car parking contract for the new Midfield Terminal Complex (MTC) to Zone Parking Solutions LLC. The company will be responsible for the design, supply, installation, operation and maintenance of a centralised Parking Access and Revenue Control System (PARCS) at the short-term, long-term and employee car parks. Parking facilities are being ...

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