November, 2016

• 21 November

  Apple to abandon development of wireless routers

    Bloomberg Apple Inc. has disbanded its division that develops wireless routers, another move to try to sharpen the company’s focus on consumer products that generate the bulk of its revenue, according to people familiar with the matter. Apple began shutting down the wireless router team over the past year, dispersing engineers to other product development groups, including the one ...

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• 21 November

  Seamless Communication — The D5600 ignites creativity and sharing

  

    Dubai /Emirates Business Nikon Middle East FZE announced the Nikon D5600, a camera designed for photography hobbyists and content creators to explore different creative and artistic expressions. With convenient connectivity features, this latest entry-level DX-format DSLR, is designed for sharing and storytelling. “Instinctively, we enjoy sharing how we see the world in our creative means and experiences. The Nikon ...

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• 21 November

  India’s rural millions pay price of cash ban

  

    Bulandshahr / AFP Indian farmer Zakir Khan should be sowing his winter crops now. Instead he is stuck at home after the government’s shock move to pull high-value notes out of circulation left him with no money to pay for seeds — or feed his family. Like millions of rural Indians, Khan lives far from a bank and relies ...

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• 21 November

  Tanzanian rats to help fight wildlife smuggling in Africa

  

    JOHANNESBURG / AP The pangolin, a scaly anteater coveted by poachers, might have a new champion: rats that will be trained to sniff out trafficked pangolin parts in shipments heading from Africa to Asia. A pilot project to turn African giant pouched rats into conservationist sleuths is literally in its infancy — the 10 to 15 rodents being reared ...

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• 20 November

  World’s first Government Accelerators launched

  

    DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, launched the world’s first government accelerators on Sunday. The first group of government accelerators will focus on five ministries: the Ministry of Interior, Ministry of Economy, Ministry of Human Resources and Emiratisation, Ministry of Climate Change and ...

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• 20 November

  ADT handles record 5mn containers at Khalifa Port

  

    ABU DHABI / WAM Abu Dhabi Terminals (ADT) set a new record by handling 5 million containers, representing a milestone for Khalifa Port Container Terminal (KPCT). The record was achieved while serving the CMA CGM, a vessel belonging to ADT’s long-time customer CMA CGM Pegasus. The new throughput milestone follows terminal operator ADT’s success in the first half of ...

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• 20 November

  UBF board reviews latest banking sector developments

    Dubai / WAM The Board of Directors of the UAE Banks Federation (UBF) met on Sunday in Dubai to review the latest developments in the banking sector. Presided over by Abdul Aziz Al Ghurair, Chairman of UBF, the meeting discussed the federation’s future plans and actions that will contribute to accelerating the growth of the UAE banking sector in ...

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• 20 November

  AUH sees 1.9mn passengers in Oct

  

    Abu Dhabi / EMIRATES BUSINESS Abu Dhabi International Airport (AUH) welcomed 1.9 million passengers in October. More than twenty million passengers have passed through the airport so far this year. Total passengers numbered 1,903,556 in October 2016. The number of travelers between January 1 and October 31 reached 20,432,279 — an increase of 5.4% on the 19,393,074 for the ...

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• 20 November

  World’s best-funded pension market has $650bn warning

  

    Bloomberg No country on the planet is better prepared to pay for its aging population than Denmark. But a nation whose pension industry has been ahead of the curve for decades is now bracing for a fundamental shift that most people probably aren’t prepared for, according to the financial regulator. Jesper Berg, the director general of the Financial Supervisory ...

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• 20 November

  Trump’s NATO spending demand bane for Denmark’s welfare state

  

    Bloomberg Meeting Donald Trump’s demands on defense spending could allow NATO-member Denmark to buy a dozen F-35 fighter jets and four frigates. While it’s questionable the added firepower would stop a hypothetical Russian invasion, the cost of rearming would certainly cause serious damage to its cherished welfare state. During his presidential campaign, the victorious Republican candidate raised alarm among ...

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