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Making a secure payment at a suburban fuel station through your wrist watch by just moving your arm before a machine. With Internet of Things (IoT) technology becoming pervasive, this could be a part of your routine exercise. As the number of IoT-enabled devices is expected to reach a whopping 50 billion by 2020, there is a need to attach ...

Ritika Sharma Emirates Business Abdulkareem M Al Masabi, Vice President – Ports Operations, Abu Dhabi, said that looking at the year-on-year double digit growth in all cargo sectors that Abu Dhabi Ports witnessed in 2015, the company is confident about its growth prospects in 2016, despite new challenges in global economy. “Delma Port’s infrastructure is being upgraded to include a ...

Dubai / WAM Dr. Rashid bin Ahmed bin Fahad, Minister of State and Chairman of Emirates Authority for Standardization and Metrology (Muwasafat), has launched the Halal e-learning platform, the world’s first integrated portal for the halal economy, during Muwasafat’s participation in Gulfood 2016, a major food and hospitality trade event in the region, which kicked off at the Dubai World ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, who is also the Chairman of the Abu Dhabi Executive Council (ADEC), has stressed that upon the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the UAE entered into a new phase of ...

DUBAI / WAM Women’s rights in the UAE were interwoven into the very foundation of the UAE, Shamma bint SohailFaris AlMazrui, Minister of State for Youth Affairs, at the Global Women’s Forum Dubai on Wednesday. Speaking at the Forum, Al Mazrui, who recently became the youngest Minister in the UAE Cabinet, said: “As we developed schools, universities and the other ...

Dubai / WAM Essa Kazim, Governor of Dubai International Financial Centre (DIFC) on Wednesday welcomed Christine Lagarde, Managing Director of the International Monetary Fund, IMF, in the presence of Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Supreme Fiscal Committee, and ObaidHumaid Al Tayer, Minister of State for Financial Affairs. During her first visit to the DIFC, Lagarde met ...

DUBAI / WAM In an interactive session at Global Women’s Forum Dubai, Sarah Amiri, Mars Mission Deputy Project Manager and Science Lead, has discussed her work in the aerospace sector as well as the importance of the Hope Mars Mission project at the Mohamed bin Rashid Space Centre (MBRSC) in developing and sustaining the UAE’s future. Ibrahim Hamza Al-Qasim, the ...

DUBAI / WAM In celebration of the 10th anniversary of the Cartier Women’s Initiative Awards, Cartier held an interactive session at the Global Women’s Forum Dubai to discuss the awards and the INSEAD assessment study, which shows the key results of the awards over the last decade. The session took place at the Entrepreneurship hub at The Discovery, and was ...

Hong Kong / Agencies Rising political turmoil in Hong Kong could hurt economic growth in the freewheeling southern Chinese business hub, the city’s finance chief, John Tsang said as he unveiled measures on Wednesday to counter the impact of global weakness. Tsang warned that political unrest would “unavoidably” damage the economy after riots rocked the city earlier this month, predicting ...

BEIJING / AP Move over, New York City: Beijing is the new “Billionaire Capital of the World.” The Chinese capital has overtaken the Big Apple as home to the most billionaires — 100 to 95 — according to Hurun, a Shanghai firm that publishes a monthly magazine and releases yearly rankings and research about the world’s richest people and their ...