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UAE tops Mideast for ease of finding a job for women

DUBAI / Emirates Business With every passing year, workplace equality becomes a higher priority for organizations around the world – and those in the Middle East and North Africa (MENA) region are no exception. According to the ‘Working Women in the Middle East and North Africa’ survey by Bayt.com, the Middle East’s number one job site, and global online market ...

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Catalonia’s post-crisis election set to create more chaos

Bloomberg When Spanish Prime Minister Mariano Rajoy forced an election in the rebel region of Catalonia, the aim was to halt the political chaos after a declaration of independence by separatists that reverberated across Europe. Instead, more upheaval looks set to emerge. It’s going to be tough to discern any real winner from the vote on Thursday following a campaign ...

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China’s Didi aims expansion in Taiwan with franchising model

Bloomberg Didi Chuxing, the ride-hailing giant that vanquished Uber Technologies Inc. in China, is turning to franchising in Taiwan as it expands its business beyond the mainland. Didi plans to only operate as a taxi hailing platform in Taiwan and is seeking to work with existing drivers that it’s recruiting through its Facebook page. The recruitment is being done by ...

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Tata Steel to raise $2bn to fund India expansion

Bloomberg Tata Steel Ltd. plans to raise as much as $2 billion in a rights offer to help add capacity in India, where demand for the alloy is forecast to triple in over a decade. The money will be used to build and buy mills as well as to repay debt, the company said an exchange filing on Tuesday. The ...

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Uber’s legal woes over status could reach end of the road

Bloomberg Uber Technologies Inc. is set to reach the end of the road in a legal battle over a question that’s reached the European Union’s top court—is the world’s most valuable startup a taxi company or not? Uber has argued that it’s a technology platform connecting passengers with independent drivers, not a transportation company subject to the same rules as ...

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WhatsApp gets one month to stop data sharing with Facebook

Bloomberg Facebook Inc.’s messaging service WhatsApp was given a one-month ultimatum by one of Europe’s strictest privacy watchdogs, facing an order to stop sharing user data with its parent without getting the necessary consent. France’s data protection authority CNIL gave a sharp warning to WhatsApp by issuing a formal notice, criticising it for “insufficiently” cooperating. The decision comes a year ...

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Silicon Valley working to bring startup hub to the Vatican

Bloomberg It’s quite a cocktail: throw in some profit-seeking techies, mix in the age-old Roman Catholic Church and add a twist of anti-globalism. What you get is a startup hub. A year ago, venture capitalists Stephen Forte of Fresco Capital Fund and Eric Harr of Imagine Ventures—both based in California— asked the Vatican to back a technology competition among startups ...

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Mohamed bin Zayed hails Team Abu Dhabi on global achievement

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday received Team Abu Dhabi, who recently won the Formula 1 Powerboat World Championship title. The winners were accompanied by His Highness Dr Sheikh Sultan bin Khalifa Al Nahyan, Adviser to the UAE ...

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70% of Dubai start-ups employ cloud computing solutions

Dubai / Emirates Business Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, on Monday announced the findings of The Cloud Report 2017, commissioned in partnership with IBM and produced by Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals. Launched at a joint press conference ...

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‘DAFZA’s strategy for Islamic economy’ launched in Dubai

DUBAI / Emirates Business His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Airport Freezone Authority (DAFZA), has launched the ‘DAFZA’s Strategy for Islamic Economy’ which is based on strategic initiatives involving the Islamic economy and halal sectors. The strategy will help attract more foreign direct investments (FDIs) to the sectors and support the ‘Dubai – Capital ...

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