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Monday August 26, 2019
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August 25, 2019
Central bankers face political shocks, hope to avoid the worst
JACKSON HOLE, Wyoming — Global central bank chiefs know their job is to keep the economy out of the ditch.What became clear at the US Federal Reserve's central banking conference in Jackson Hole, Wyoming, over the past couple of days is that not only do other people hold the wheel, some seem intent on steering toward trouble."We are experiencing a series of major political shocks; we saw another example of ...
August 25, 2019
Saudi Arabia spearheads combat vs cyber threats
RIYADH — Information and Cybersecurity expert Eng. Samer Omar stressed that the increasing foreign cyberattacks on the Kingdom in the recent period (geopolitical), pushed for more institutionalization by developing national cadres specialized to combat these attacks, which coincides directly with supporting Vision 2030, Digital Transformation initiative and eGovernment development."There is a significant qualitative improvement in the quality and number of gifted and talented Saudis working in cybersecurity and we will ...
August 25, 2019
HPE builds NASA new supercomputer for mission to moon
DUBAI — Hewlett Packard Enterprise (HPE) announced Sunday it custom-designed a new supercomputer for NASA’s Ames Research Center to support modeling and simulations of entry, descent, and landing (EDL) for the agency’s missions and Artemis program, a mission to land the next humans on the lunar South Pole region by 2024. The new supercomputer, which NASA Ames has named “Aitken,” is an initial development of a four-year, multi-phase collaboration between ...
August 25, 2019
A vintage look for modern time travelers
LENGNAU, Switzerland — Future-focused Swiss watchmaker Rado combined the brand’s illustrious past with its pioneering present for a watch that is designed to look good now – and in the future. This is the new Captain Cook Automatic Limited Edition.The original Captain Cook was produced between 1962 and 1968 and was known for its compact design and distinctive features. Since 2017, the Captain Cook has been back in the Rado ...
August 25, 2019
Global animal farming leader makes Mideast debut in Abu Dhabi
ABU DHABI – EuroTier, the world’s leading trade show for animal husbandry and livestock management, has announced the launch of its inaugural exhibition in the Middle East. Held under the patronage of Sheikh Mansour Bin Zayed, Deputy Prime Minister, Minister of Presidential Affairs and Chairman of Abu Dhabi Agriculture and Food Safety Authority, the event will be a first-of-its-kind gathering for farmers, farm owners, livestock managers and agriculturists in the ...
August 25, 2019
Ras Al Khaimah maintains Fitch ‘A’ rating for 10th year
RAS AL KHAIMAH — Ras Al Khaimah has had its ‘A’ rating with a Stable Outlook affirmed by global agency Fitch Ratings.Fitch has maintained Ras Al Khaimah’s ‘A’ rating for more than 10 years and the agency highlighted the Emirate’s low and declining Government debt burden and high GDP per capita as key ratings drivers.Fitch expects “the debt of the Government to fall to below 20% of GDP in 2019,” ...
August 25, 2019
Al Lawati named SVP, ACE Insurance Brokers Oman
MUSCAT — ACE Insurance Brokers today announces the appointment of Adil H Al Lawati as Senior Vice President in Oman.A Chartered Insurer and member of the Chartered Insurance Institute London, Al Lawati brings over 24 years of experience in the field of insurance and risk management to the company. Prior to joining ACE Insurance Brokers, Al Lawati established and headed Oman operation of two major insurance companies in the region ...
August 25, 2019
Andaz Dubai The Palm to open this winter
DUBAI – This winter welcomes a game changer, with the introduction of Dubai’s first Andaz branded hotel, Andaz Dubai The Palm. Located in the heart of The Palm Jumeirah, the luxury boutique lifestyle hotel and residences will be rooted in Dubai’s rich culture, whilst reflecting the city’s eclectic style through all elements of design, interaction and experience. Introducing a barrier-free environment guests are invited to fully immerse themselves into the ...
August 25, 2019
Audi launches electric SUV e-tron 50 quattro
INGOLSTADT — Audi will be introducing a new power rating for its electrically driven SUV on the market in the coming year: the Audi e-tron 50 quattro. Its two electric motors have an output of 230 kW and develop 540 Nm (398.3 lb-ft) of torque. With a gross energy content of 71 kWh, the battery provides for a range of over 300 kilometers (186.4 mi) in the WLTP cycle. In ...
August 25, 2019
Saudi Arabia’s technology vision: An evolutionary path to 5G
By Mathias JohanssonHead, Ericsson Saudi Arabia and EgyptTODAY, a majority of the Saudi Arabia’s population lives in cities, and urban concentration is accelerating. Therefore, Saudi cities that hold 83% of its population are vital for solving major social, environmental, and economic challenges while taking into consideration that today, most of the urban population are online and strive for better connectivity.Ensuring that Saudi Arabia’s cities are creative, connected and sustainable imposes ...
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