AFP Wearable tech, which was seeing sizzling sales growth a year ago, is cooling this year amid consumer hesitation over new devices, a survey showed. The research firm IDC said it expects global sales of wearables to grow some 29.4 percent to some 103 million units in 2016. That follows 171 percent growth in 2015, fueled by the launch ...
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September, 2016
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17 September
These cars won’t drive you to distraction
Relaxnews The inaugural WardsAuto Top 10 Best User Experience Awards highlight those cars where technology and infotainment systems are a pleasure rather than a punishment to use. Why is a user interface like a joke? If it needs to be explained, it’s not very good. This programmer’s mantra is very quickly moving from software and website design and into ...
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17 September
Crude glut belies risk from OPEC’s output cushion
Bloomberg As most of the world focuses on how unfettered oil production will weigh on prices, a few say a rebound is on the cards as the market starts to reflect a growing risk of shortages. OPEC’s strategy of keeping its taps open is leaving a smaller cushion if there’s an unexpected need for more oil. The group’s spare ...
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17 September
Oil falls to 1-month low as Nigeria, Libya poised to swell glut
Bloomberg Oil fell to a one-month low in New York on speculation that the resumption of shipments from Libya and Nigeria may add to the global surplus. Futures dropped 2 percent. Libya and Nigeria, whose supplies have been reduced by domestic conflicts, are preparing to boost exports within weeks. A tanker that’s supposed to collect crude from a key ...
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17 September
IMF says Mideast conflicts wiped out gains of a generation
AMMAN / AP Conflicts in Middle Eastern countries such as Iraq, Libya, Syria, and Yemen have erased “development gains for a whole generation,†including driving up already high levels of poverty and unemployment, the head of the International Monetary Fund said. The international community must be prepared to scale up long-term development aid in the region to rebuild infrastructure ...
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17 September
Wheat suppliers shun Egypt as more grain rejected abroad
Reuters Egypt was unable to garner a single offer from wheat suppliers at its state grain tender on Friday, forcing it to cancel and raising renewed questions about its ability to tap global wheat markets while maintaining a ban on ergot fungus. Friday’s cancelation comes amid a flurry of cargoes either rejected or held from export since Egypt reinstated ...
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17 September
Sharjah FDI forum to zoom in on SME growth
Sharjah / Emirates Business There are several equitable added values which are derived from the significant role which SMEs play to the strategic global economic development process. The Sharjah FDI Forum, organised by the Sharjah Investment and Development Authority (Shurooq), in collaboration with Financial Times (FT) and the fDi magazine, has geared up its 2nd edition with a ...
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17 September
A10 to showcase its ‘solution architecture’ at GITEX
DUBAI / Emirates Business A10 Networks (NYSE: ATEN), a technology leader in application networking and security, has announced its participation at GITEX Technology Week 2016 where it will showcase the company’s A10 Harmony solution architecture. The first of its kind solution empowers businesses to deliver secure application services across traditional data centres, private, public and hybrid clouds, helping them ...
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17 September
Red Hat calls for need of open source tech in digital era
DUBAI / Emirates Business Making true digital transformation is difficult unless organizations in the Middle East embrace central themes such as software-defined everything, hyperscale, containers and hybrid cloud. Proprietary technology will no longer exist as a viable innovation model. Red Hat, the world’s leading provider of open source solutions, will participate in GITEX 2016, taking place from October 16-20, ...
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17 September
Middle East Façades expo to open its doors today
DUBAI / Emirates Business Construction companies from the Middle East and abroad are gathering in Dubai to launch thousands of innovative products addressing energy saving, sustainability and fire safety challenges at the Windows, Doors and Façades Event opening on Sunday. As the UAE construction industry prepares for the implementation of the new Dubai Civil Defence laws governing the ...
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