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  Gregg Petersen / Emirates Business At almost every conference, event or analyst meeting you attend, you’ll hear someone discuss how your business can benefit from the Operating Expense (OPEX) model, greater agility, and faster deployment speeds offered by the public cloud. But let’s be honest: If you go to your internal IT staff and propose the public cloud, you’ll ...

  Tripoli / AFP The head of Libya’s UN-backed unity government called for urgent talks on Wednesday after forces loyal to a rival administration seized the main eastern oil ports in defiance of world powers. The fighting between the two sides — the first since the unity government started work in the capital Tripoli in March — was the latest ...

  Aleppo / AFP Besieged Syrian civilians waited desperately for aid on Wednesday as relief convoys remained on hold despite a significant drop in violence under a ceasefire brokered by Washington and Moscow. The truce that began at sundown on Monday is part of the latest bid to end a five-year conflict that has killed more than 300,000 people. The ...

  Bloomberg Samsung Electronics Co. will push out a software update for South Korea that caps the capacity of Galaxy Note 7 smartphone batteries at 60 percent, a stop-gap measure to prevent overheating as the device’s global recall proceeds. The unusual move, announced on the first day of a major national holiday, reinforces the urgency with which Samsung’s trying to ...

  Bloomberg Japan’s government plans to privatize Kyushu Railway Co. through a share sale that may fetch about 500 billion yen ($5 billion), according to people with direct knowledge of the matter, in what would be the rail industry’s biggest initial public offering in more than two decades. The Japan Railway Construction, Transport and Technology Agency, which fully owns the ...

  Strasbourg / AFP European Commission head Jean-Claude Juncker on Wednesday issued a rallying cry for unity after Brexit, saying the EU is not in danger of splitting up but must fight back against “galloping populism”. In his annual State of the Union speech, Juncker unveiled a raft of economic and security proposals to find common ground after a year ...

  Brasília / AFP Brazil announced a series of auctions and tenders aimed at privatizing infrastructure — part of new President Michel Temer’s plans to revive the moribund economy. Under the new program, four airports will be put on the auction block this year, along with two port terminals. Tenders in the transport and mining sectors will also be up ...

    Dubai / Emirates Business Dubai Carbon has launched a new version of Sustainability Self-Assessment specifically focused on measuring the risk and exposure towards socio-environmental impacts thus allowing both public and private organisations to benchmark their resource efficiency amongst industries and peers. The launch was met with an overwhelming participation by the finance industry during an event at the ...

DUBAI / Emirates Business The third installment of the Global Islamic Economy Summit (GIES) is set to take place on October 11 and 12 at Madinat Jumeirah to discuss the developments occurring on the Islamic Economy front. Bearing the theme “Inspiring Change” and endorsed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the ...

  Emirates Business Coface, the worldwide leader in credit insurance, has obtained a new company licence from the Dubai Financial Services Authority (DFSA) to offer insurance management and intermediation services in the Dubai International Financial Centre (DIFC), strengthening its presence in the UAE through insurance services. For nearly 70 years, Coface has been helping companies sustain wealth creation worldwide. The ...