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Now, Emirates NBD’s Pepper speaks Arabic

Dubai / Emirates Business Emirates NBD’s Pepper has now learnt to speak Arabic! The artificial intelligence (AI) powered humanoid robot, brought to the UAE by Emirates NBD last year, has been widely popular due to his novel proposition and charming personality, and will now also cater to the bank’s Arabic-speaking customers. Adding a fun element to the banking experience, the ...

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Latest N Korea missile spurred US game plan

Bloomberg ­­­­­­­­­­­­­­­ Shortly after the US detected the launch of a North Korean missile that soared over Japan, Secretary of State Rex Tillerson and United Nations Ambassador Nikki Haley joined national security aides on calls to craft an urgent response. Coming less than a week after Trump said Kim Jong Un was “starting to respect” the US, the test-firing was ...

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Larsen sees $28 billion golden goose in India’s defense orders

Bloomberg Fresh from winning its biggest defense contract in May, Larsen & Toubro Ltd. is planning to bid for $28 billion of orders including warships and submarines in India as Prime Minister Narendra Modi breaks with tradition to embrace private, local suppliers. India’s new defense purchase policy that allows non-state local firms to compete for orders from the military is ...

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China regulator to review Apple antitrust complaint

Bloomberg China’s State Administration for Industry and Commerce is reviewing an antitrust complaint accusing Apple Inc. of abusing its dominant position in smartphone applications, people familiar with the matter said. The regulator is studying the information following a complaint filed on behalf of developers before deciding if a formal investigation is necessary, said the people, who asked not to be ...

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VP okays new RTA projects

DUBAI / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum has approved new key projects planned to be executed by the Dubai Roads and Transport Authority over the coming period in the run-up to Expo 2020 Dubai, commending the developments already implemented by the authority as well as ...

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Brokerage commissions in Dubai real estate market top AED820mn

Dubai / WAM Dubai Land Department (DLD) announced that over AED 820 million worth of brokerage commissions were made in Dubai’s real estate market between the beginning of January 2017 and the end of June this year. Yousuf Al Hashimi, Deputy Executive Director of RERA, the regulatory arm of DLD, said, “Brokers play an essential role in our sector, representing ...

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Sharjah hospitality sector revenues reach AED372mn

Sharjah / Emirates Business Sharjah’s hospitality sector revenues witnessed a remarkable 7.8 percent increase during the first half of 2017 compared with the previous year, with its value reaching AED372 million, the Sharjah Commerce and Tourism Development Authority (SCTDA) announced. The announcement came as the emirate steadily positions itself as a destination of choice for local, regional, and international tourists. ...

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Dubai tourism organises ‘board game’ to promote sustainability

Dubai / Emirates Business Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) is taking its Hospitality Sustainability Board Game to a wider segment within the private sector, as part of efforts to encourage companies outside the hospitality sector to play a role in promoting sustainable tourism in Dubai. An innovative educational tool, the Board Game is a key component ...

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Harvey’s second act could drive up economic damage for Texas

­­­­­­­­­­­Bloomberg As Harvey’s winds die down, trouble for Texas may have just begun with forecasts for unprecedented flooding across the heart of US energy production and in Houston, the nation’s fourth-largest city. Harvey smashed ashore as a Category 4 hurricane on Friday near Rockport, Texas. Two deaths have been attributed to the storm, which has also halted about one quarter ...

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Google faces deadline as EU fines loom

Bloomberg Google faces a deadline to tell the European Union how it plans to comply with an order to stop discriminating against rival shopping search services under threat of new fines that would add to a record $2.9 billion penalty. The EU gave the Alphabet Inc. unit 60 days to propose how it would “stop its illegal content” and 90 ...

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