15 years of portable music from Apple’s iPod

  Relaxnews When Steve Jobs presented the first ever iPod on October 23, 2001, he shook up the music industry and the way the world consumes music for good. With Apple’s portable multimedia player, music fans could carry their whole record collection in their pocket in digital form. The original model met with considerable success and was rolled out in ...

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Mobile money on the move

  KAMPALA / AP Ivan Kiryowa repeatedly checked the balance on his phone, nervous sweat on his cheeks, as he waited for money from a friend. Thirty minutes later, $150 had landed in his account and he sauntered into a hardware store, where he bought bags of cement. “Mobile money is convenient for many of us who rely on our ...

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Ethiopia tin-roofed shacks make way for high-rises

  Addis Ababa / AFP Surrounded by the rubble of her former neighbours’ homes, Getnesh Amare hangs her laundry in the shadow of the high-rise offices and hotels taking over the once insalubrious centre of Ethiopia’s capital. “They have come many times to force us to move quickly. I’m not happy, but it’s a must. I have to move,” the ...

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Greece confirms to take part in Expo 2020 Dubai

  DUBAI / WAM Greece has become the latest nation to confirm its commitment to participate in Expo 2020 Dubai, building on the strong links between the two countries in various fields Expo 2020 Dubai, announced on Saturday that Greece confirmed its official participation in Expo 2020 through a letter from the Greek Prime Minister, Alexis Tsipras, addressed to His ...

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Dubai Chamber opens first trade office in China

  DUBAI / WAM The first Dubai Chamber of Commerce trade office in China was opened this week. As part of its strategy to reach out to promising markets and promote Dubai as a global business and trade hub, the Dubai Chamber of Commerce and Industry opened its 7th international office in Chinese city of Shanghai on Saturday. The opening ...

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Masdar, QinetiQ & Sand-X Motors to develop Unmanned Rover System

ABU DHABI / WAM Abu Dhabi-based Masdar Institute of Science Technology, UK-based QinetiQ, a leading technology development and engineering company operating primarily in the defense, security and aerospace markets, and Swiss-based all-terrain vehicle (ATV) developer Sand-X Motors, have announced their collaboration to develop an Unmanned Rover System (URS) on Saturday at the URS award kick-off meeting, which was hosted by ...

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Abu Dhabi business optimism rises in Q2

  ABU DHABI / WAM The overall reading of the results of development indices in Q2 2016 reflects higher optimism and confidence among consumers and business community in the Emirate’s economic conditions, according to a new report released on Saturday by Studies Directorate of Abu Dhabi Department of Economic Development. This follows the moderate economic growth in Q1 of 2016, ...

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Pvt sector to have ‘chief happiness and positivity programme’

  Dubai / WAM Ohood bint Khalfan Al Roumi, Minister of State for Happiness, launched the ‘Chief Happiness and Positivity Programme’ for the private sector at the first CEO Happiness Ball, recently held in Dubai. The programme is being introduced in response to the growing demand to bring the programme to the private sector, following its success in the government sector. ...

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Arab Bank posts $617.9mn net profit in Q3

  Dubai / Emirates Business Arab Bank Group continued to achieve robust results during 2016, reporting net profit after tax and provisions for the period ending September of $617.9 million, compared to USD 615.1 million in the same period last year, while the Group’s net profit before tax reached $815.8 million. The Bank maintains a healthy capital base with shareholders ...

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World Bank team praises DEWA’s innovative projects

  Dubai / WAM A visiting World Bank delegation has expressed admiration and appreciation for the leading and innovative projects of the Dubai Electricity and Water Authority (DEWA). The delegation also praised DEWA’s competitive results and how it had enhanced its position as a global role model in its efforts to implement smart applications and systems. It allowed DEWA to ...

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