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World Economic Forum warns of AI’s potential to worsen global inequality

Tech and political leaders sounded the alarm bell today about the potential for artificial intelligence to exacerbate huge inequalities across the world. The mood music coming out of the World Economic Forum is that AI is seen as having great potential to solve some of the world’s most pressing issues (such as climate change), but if individual organizations and countries implement AI systems and others do not, then they will race far ahead, spreading inequality between economies and leading to ...
Tags: TC, Europe, Israel, San Francisco, Tech, Colombia, Silicon Valley, Salesforce, Uae, Columbia, Marc Benioff, Wef, World Economic Forum, Davos Switzerland, Fourth Industrial Revolution, Kai-fu Lee


United Arab Emirates: Key Things To Know About Global Mobility In The UAE - TMF Group

The UAE has so many strengths as a place to work and play, it's easy for companies to lose sight of the complexities involved in hiring and maintaining talent in the country.
Tags: News, Uae, UAE TMF Group


Time to tear down Mideast trade barriers, Davos panel hears

Time to tear down Mideast trade barriers, Davos panel hears:Amid global trade wars and the rise of protectionism, Middle East economic and business leaders on Tuesday issued a clarion call for the exact opposite: To ease customs restrictions in the region.A panel at Davos heard how an agreement between Saudi Arabia and the UAE to boost cooperation — including the reduction of obstacles to trade across the shared border — could be a blueprint for the wider region.Mohammad Al-Tuwaijri, Saudi minis...
Tags: Travel, Saudi Arabia, Davos, Middle East, Uae, Mideast, Rupert Neil Bumfrey, Mohammad Al Tuwaijri


Nasdaq #Dubai welcomes listing of $750mln sukuk by Dubai Islamic Bank | ZAWYA MENA Edition

Nasdaq Dubai welcomes listing of $750mln sukuk by Dubai Islamic Bank | ZAWYA MENA Edition:Nasdaq Dubai today welcomed the listing of a US$750 million Sukuk by the Dubai Islamic Bank, DIB. It is Nasdaq Dubai’s first Sukuk listing of 2019 and DIB’s seventh altogether on the exchange.DIB is the leading UAE-based Sukuk issuer by value on Nasdaq Dubai with a total of six billion US dollars including the latest listing. The bank’s principal activities centre on retail banking, business banking, corpor...
Tags: Travel, US, Dubai, Uae, DIB, Rupert Neil Bumfrey, Dubai Islamic Bank, Nasdaq Dubai, Dubai Islamic Bank DIB It is Nasdaq Dubai


#UAE open to co-hosting World Cup if #Qatar rift resolved: sports chief | Reuters

UAE open to co-hosting World Cup if Qatar rift resolved: sports chief | Reuters:United Arab Emirates sports chief Mohammed Khalfan al-Romaithi believes the Gulf nation would welcome an approach to co-host the 2022 World Cup if its deep political rift with Qatar is resolved.FIFA President Gianni Infantino has backed a proposal to expand the next World Cup from 32 to 48 teams and has suggested that neighboring countries could host matches.Saudi Arabia, the UAE, Bahrain and Egypt, however, launched...
Tags: Travel, Saudi Arabia, Qatar, Egypt, Fifa, United Arab Emirates, Uae, Gulf, Reuters, Gianni Infantino, Rupert Neil Bumfrey, UAE Bahrain, Mohammed Khalfan al Romaithi


Syrian businessman on US sanctions list hosted by UAE

BEIRUT (AP) — The United Arab Emirates has hosted a Syrian trade delegation led by a businessman and lawmaker on the U.S. Treasury sanctions list since the country’s civil war erupted in 2011. The high-profile meeting comes weeks after the UAE reopened its embassy in Damascus for the first time in seven years __ a […]
Tags: News, US, Ap, Nation, United Arab Emirates, Beirut, Damascus, Uae, U S Treasury


Another late penalty rescues UAE at Asian Cup as Ryan saves Aussies

Abu Dhabi (AFP) – Hosts United Arab Emirates ended Kyrgyzstan’s fairytale with a controversial extra-time penalty to reach the Asian Cup quarter-finals on Monday as holders Australia and Japan also advanced. A knee-wobbling, chest-thumping Mathew... Visit http://www.majorleaguesoccertalk.com for the rest of the story.
Tags: Japan, Australia, Sport, Soccer, Kyrgyzstan, Uae, Afp, Ryan, Mathew Visit, Abu Dhabi AFP Hosts United Arab Emirates


UAE sink Falcons at Asian Cup as Ryan saves Aussies

Sharjah (United Arab Emirates) (AFP) – Hosts United Arab Emirates ended Kyrgyzstan’s fairytale with a controversial extra-time penalty to reach the Asian Cup quarter-finals on Monday as holders Australia and Japan also advanced. A knee-wobbling,... Visit http://www.majorleaguesoccertalk.com for the rest of the story.
Tags: Japan, Australia, Sport, Soccer, Kyrgyzstan, Uae, Afp, Ryan, Falcons


TBI wins at International Finance Awards

The state-owned Trade Bank of Iraq (TBI) has been recognised for its outstanding performance and service, taking home two awards at the International Finance Awards 2018. London based ‘International Finance’ magazine rewarded TBI’s continued commitment towards providing modern banking services in Iraq, presenting the ‘Best Retail Bank’ and ‘Best Priority Bank’ awards during a special ceremony held at the Jumeirah Emirates Towers in Dubai. Faisal Al Haimus, Chairman & President of Trade Bank of I...
Tags: London, News, Iraq, Bank, Iraq Business News, Uae, TBI, Trade Bank of Iraq, Trade Bank of Iraq TBI, Faisal Al Haimus, ` International Finance, Best Priority Bank, Jumeirah Emirates Towers in Dubai Faisal Al Haimus


MENA private equity set for another slow year despite positive long-term outlook | ZAWYA MENA Edition

MENA private equity set for another slow year despite positive long-term outlook | ZAWYA MENA Edition:As the private equity industry in Middle East and North Africa region closes a year of consolidation and slow fundraising in 2018, the alternative investment asset class is not expected to record many transactions in 2019, either.Amidst rising interest rates and tough global macro-economic conditions, corporate governance-related concerns mean the industry is bracing for more scrutiny by investo...
Tags: Travel, Saudi Arabia, GCC, Middle East, Uae, Mena, North Africa, Rupert Neil Bumfrey


#UAE and #SaudiArabia unveil seven point co-operation plan | ZAWYA MENA Edition

UAE and Saudi Arabia unveil seven point co-operation plan | ZAWYA MENA Edition:The Executive Committee of the Saudi-Emirati Coordination Council held its first meeting in Abu Dhabi with the participation of all 16 members from both sides to follow up on the execution of the joint initiatives outlined in the Strategy of Resolve.The strategy includes areas of collaborations and sets forth the joint vision of economic, social and military integration between the two countries.The committee, headed ...
Tags: Travel, Saudi Arabia, Abu Dhabi, Uae, Executive Committee, Rupert Neil Bumfrey, Saudi Emirati Coordination Council, Mohammad bin Abdullah Al Gergawi, Mohammed bin Mazyad Altwaijri


India's SBI says lenders awaiting SEBI decision on Etihad offer for Jet Airways: paper | Reuters

India's SBI says lenders awaiting SEBI decision on Etihad offer for Jet Airways: paper | Reuters:The State Bank of India (SBI.NS) (SBI)-led consortium of lenders is waiting for India’s capital markets regulator to decide on a bailout offer by Etihad Airways for the financially stressed Jet Airways (JET.NS), SBI Chairman Rajnish Kumar said, the Business Standard reported on Saturday.The UAE-based carrier, which is a major shareholder in Jet, is seeking an exemption from the Securities and Exchang...
Tags: Travel, India, Etihad, Uae, Jet Airways, Reuters, Etihad Airways, SEBI, Securities and Exchange Board of India SEBI, SBI, Kumar, Business Standard, Rupert Neil Bumfrey, Rajnish Kumar, State Bank of India SBI NS SBI, Jet Airways JET NS SBI


#AbuDhabi's reserves, allocations stable in October, November | ZAWYA MENA Edition

Abu Dhabi's reserves, allocations stable in October, November | ZAWYA MENA Edition:UAE banks' reserves and allocations were stable during October and November 2018 in yet a new testament to the resilience of the banking sector. According to the Central Bank of the United Arab Emirates' statistics, total assets held by UAE banks jumped to AEE2.854 trillion by the end of November, a growth of AED166 billion over the same month in 2017.Reserve requirements across all UAE-based banks stood at AED121...
Tags: Travel, Abu Dhabi, Uae, Rupert Neil Bumfrey, Central Bank of the United Arab Emirates


Australia's Matthew Leckie training at Asian Cup 'like buying a new player' - Sainsbury

Tom Rogic's injury-time winner over Syria confirmed Australia's place in the Asia Cup knockout rounds. Mathew Leckie is back in full training and his impending return of is set to deliver a massive boost to Australia's Asian Cup campaign. Leckie has missed all of the Socceroos build-up and matches in the UAE due to a hamstring injury suffered in December before the tournament while playing in Germany for Hertha Berlin. The 27-year-old however completed his first full session with...
Tags: Australia, Germany, Football, Sport, Syria, Story, Sainsbury, Uzbekistan, Hertha Berlin, Uae, Afc Asian Cup, Tom Rogic, Socceroos, Al Ain, Leckie, Mathew Leckie


New exploration captures support Eni’s aggressive Middle East growth strategy

New exploration captures support Eni’s aggressive Middle East growth strategy By will scargill, senior oil & gas analyst, GlobalData on 1/14/2019 LONDON -- Following recent announcements of Eni S.p.A.’s acquisition of new exploration acreage in Bahrain, the UAE and Oman, Will Scargill, senior oil & gas analyst at GlobalData offers his view on their place within the company’s wider strategy: “Eni’s recent acreage captures in the Gulf are part of a strategy for major growth in the Middle East. ...
Tags: London, News, Iraq, Middle East, Oman, Bahrain, Iraqi Economic News, Uae, Gulf, Zubair, Eni, Bahrain Oman, GlobalData, Scargill, Lower Zakum, Ghasa


Finch reminds himself that 'he's still very good'

As back-to-back ODI tours of India and UAE loom, Finch is in a race against time to hit peak form ahead of the World Cup
Tags: India, Sport, Cricket, Uae, Finch


Etihad flies Boeing 787 from Abu Dhabi to Amsterdam partly on aviation biofuel

In the UAE, the Sustainable Bioenergy Research Consortium (SBRC), a non-profit entity established by Masdar Institute that is part of Khalifa University of Science and Technology, announced the world’s first commercial flight using locally produced sustainable fuel on an Etihad Airways Boeing 787 powered by GE’s GEnx-1B engines. The flight from Abu Dhabi to Amsterdam marked a major milestone in the development of a clean, alternative aviation fuel to reduce carbon emissions. The initiative also ...
Tags: Ge, Amsterdam, Abu Dhabi, Boeing, Etihad, Producer News, Uae, SBRC, Masdar Institute, Etihad Airways Boeing, Sustainable Bioenergy Research Consortium SBRC, Khalifa University of Science and Technology, Seawater Energy


Nasdaq #Dubai expands futures market, launches trading on MSCI #UAE index | ZAWYA MENA Edition

Nasdaq Dubai expands futures market, launches trading on MSCI UAE index | ZAWYA MENA Edition:Nasdaq Dubai announced the launch of futures trading on the MSCI UAE equity index on Tuesday, in its latest expansion of the futures market.In a press statement, the exchange explained that the contracts are designed to appeal to international and regional investors seeking exposure to leading UAE companies.Robert Ansari, Executive Director - Head of the Middle East of MSCI, rang the market-opening bell ...
Tags: Travel, Middle East, Uae, MSCI, Rupert Neil Bumfrey, Nasdaq Dubai, First Abu Dhabi Bank, Robert Ansari, MSCI UAE


#Qatar Airways CEO: not interested in Jet Airways as backed by 'enemy' state | Reuters

Qatar Airways CEO: not interested in Jet Airways as backed by 'enemy' state | Reuters:Qatar Airways will not buy a stake in Jet Airways (JET.NS) as a substantial portion of the debt-laden Indian carrier is held by Etihad Airways, whose owner Abu Dhabi is an “enemy” of Qatar, its CEO Akbar al-Baker said on Tuesday.Abu Dhabi is part of the United Arab Emirates that cut ties with Qatar in 2017 over accusations of supporting terrorism. Doha denies the charges. The UAE, together with Saudi Arabia, Eg...
Tags: Travel, Qatar, United Arab Emirates, Abu Dhabi, Mumbai, Bahrain, Etihad, Doha, Uae, Jet Airways, Reuters, Qatar Airways, Etihad Airways, Saudi Arabia Egypt, Akbar Al Baker, Rupert Neil Bumfrey


Korean coach admits concern over Son’s Asian Cup readiness

Abu Dhabi (AFP) – South Korea coach Paulo Bento fears Tottenham forward Son Heung-min has played too many games over the past month after his star player’s arrival in the UAE for the Asian Cup.... Visit http://www.majorleaguesoccertalk.com for the rest of the story.
Tags: South Korea, Sport, Soccer, Tottenham, Uae, Afp, Son Heung, Paulo Bento, Abu Dhabi AFP


How Chatbots Are Changing the Ways E-commerce Businesses Operate?

By Sohaib Khalid What comes in your mind when you anthropomorphize Siri? I imagine it be somewhat like a typical girlfriend: cute, innocent, an omnipresent teacher who is occasionally demanding sometimes annoying but loves his man and is proud when he does good. (jeez, am I sounding like a stalker?) There is no debate in saying that Siri is one of the marvels of Artificial Intelligence. The main reason of Siri’s popularity is its ability to provide support and assistance by establishing a person...
Tags: Business, Technology, Ebay, Siri, Commerce, Dubai, Uae, Right Now, Custom, Chabot, Sohaib Khalid, Machine Learning Artificial Intelligence


Indian footballers win hearts despite Asian Cup exit

New Delhi (AFP) – Football fans and pundits were full of praise for India Tuesday even as an injury-time penalty cost the Blue Tigers an unlikely spot in the Asian Cup knockout stages and prompted the coach to resign. Despite its giant population India is a footballing minnow at a lowly 97th in FIFA’s world rankings, and its players are used to being overshadowed by the nation’s glamorous millionaire cricketers. They did not even qualify for the last Asian Cup, but dared to dream of glory after...
Tags: Asia, India, Sport, Thailand, Soccer, Fifa, New Delhi, Bahrain, Uae, Afp, Indians, Stephen Constantine, Chhetri, ESPN India, Novy Kapadia, Blue Tigers


Countries you can't visit with a DUI

Getting a DUI will make your life harder in multiple ways, but we rarely consider the impact it can have on your ability to travel abroad. Sure, the potential for injury to you and others, astronomical fines, marks on your record, and possible jail time should be big enough to deter you from drinking and driving, but to top it off, some countries may bar you from entering their borders for as many as 10 years. The last thing you want is to book your dream vacation, arrive at the country’s bor...
Tags: Travel, Australia, Mexico, US, Iran, Canada, South Africa, Malaysia, Dui, Uae, All, China Japan, Emirati, Mexico Mexico, Canada Canada, Travel Restrictions


Banking results to set tone for #UAE stocks

Banking results to set tone for UAE stocks:Traders on UAE bourses waiting for a trigger has been selling at every recovery even as they eye the fourth results from banks.The Dubai Financial Market general index closed 0.41 per cent lower at 2,527.28. Traders on the UAE bourses have been stuck with loss-making positions hoping to see a recovery to at least see a break-even. They have been eyeing fourth quarter to December results from Emirates NBD, Abu Dhabi Commercial Bank among others which are...
Tags: Travel, Uae, Emirates NBD, Dubai Financial Market, Rupert Neil Bumfrey, Dubai Islamic Bank, Emirates NBD Abu Dhabi Commercial Bank


After Asian Cup exit, what next for India?

Stephen Constantine's men did it the hard way -- scripting an improbable second-half wipeout of Thailand in a 4-1 win, pushing hosts UAE to the edge but paying for their lack of finishing in a 2-0 defeat, and then reserved their worst for the last. The score might have read only 1-0 to Bahrain, but India were outplayed and outmaneuvered before finally being shown the way out. What are some of the positives and negatives, and what lies in store for this team, now without Constantine, who ste...
Tags: India, Football, Sport, Story, Thailand, Latest, Bahrain, Uae, Afc Asian Cup, Constantine, Stephen Constantine


Stephen Fry and PEN urge UAE to free Ahmed Mansoor ahead of book festival

In a letter to the Guardian, authors and activists draw attention to plight of jailed human rights activistStephen Fry is among a range of signatories, including British MPs and campaign groups, to a letter calling for the release of jailed Emirati human rights activist Ahmed Mansoor.The letter to the Guardian comes as a spotlight falls on the authors planning to attend this year’s Emirates Airline festival of literature in Dubai, tickets for which went on sale at the weekend. Continue reading.....
Tags: Books, Human Rights, World news, Culture, Middle East and North Africa, United Arab Emirates, Dubai, Stephen Fry, Freedom Of Speech, Pen, Uae, Literary Festivals, Antony Beevor, Ahmed Mansoor, Sheikh Mohammed bin Rashid al-Maktoum


PCB insists discussions are "open" for Australia to play in Pakistan

Cricket Australia have said they are not contemplating moving matches from the UAE to Pakistan, but PCB want a recce done first
Tags: Australia, Sport, Cricket, Pakistan, Uae, PCB


All out for 14 - China slump to lowest women's T20I total

UAE's winning margin of 189 was also a record in women's T20Is
Tags: China, Sport, Cricket, Uae


OPEC is not the enemy of the U.S., #UAE energy minister says | Reuters

OPEC is not the enemy of the U.S., UAE energy minister says | Reuters:Oil producer group OPEC is not the enemy of the United States, United Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday in Abu Dhabi.“We are complementing each other, we are not enemies here,” Mazrouei told an industry conference in Abu Dhabi, addressing the relationship between the Organization of the Petroleum Exporting Countries and the U.S., a major oil consuming country.OPEC and other leading global oil pr...
Tags: Travel, Russia, Opec, United States, Abu Dhabi, Uae, Reuters, Petroleum Exporting Countries, United Arab Emirates Energy, Suhail Al Mazrouei, Rupert Neil Bumfrey, Mazrouei


OPEC is not the enemy of the U.S., UAE energy minister says

Oil producer group OPEC is not the enemy of the United States, United Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday in Abu Dhabi.
Tags: Money, Opec, businessNews, United States, Uae, United Arab Emirates Energy, Suhail Al Mazrouei