Posts filtered by tags: United Arab Emirates[x]


Uber is paying $3.1BN to pick up Middle East rival Careem

After months and months of it’s finally been confirmed that ride-hailing giant Uber is picking up its Middle East rival Careem in an acquisition deal worth $3.1 billion — with $1.7BN to be paid in convertible notes and $1.4BN in cash. Careem was founded as a ride-hailing rival to Uber in 2012 but has since diversified its business to include offerings such as food and package deliver, bus services and credit transfers — bolstered via acquisitions of its own, such as RoundMenu and Commut ...
Tags: Apps, Fundings & Exits, Transportation, Cairo, Careem, Carsharing, Dara Khosrowshahi, Egypt, Jordan, Middle East, Morocco, Pakistan, Saudi Arabia, Transport, Uber, United Arab Emirates

Uber acquires Mideast competitor Careem for $3.1B

Ride-hailing service Uber says it has acquired its Mideast competitor Careem for $3.1 billion, making it the largest-ever technology purchase in the region.
Tags: 6259ff08-9f0a-5695-9495-d6c5588247b4, Fox-business/markets, Fox-business/markets/mergers-and-acquisitions, Fbn, Fbn/markets, Article, Associated Press, DUBAI, United Arab Emirates

R. Kelly’s Overseas Trip to Perform in Dubai Is in Legal Limbo

Kelly's entertainment attorney said any trip to the UAE was off for now
Tags: Uncategorized, Courts, Dubai, Onetime, R. Kelly, United Arab Emirates

Takeaways From The Times’s Investigation Into Hackers for Hire

Companies that hired former intelligence operatives are selling sophisticated hacking tools to government officials, who in some cases use them for nefarious purposes.
Tags: News, Saudi Arabia, Israel, United Arab Emirates, The Times, National Security Agency, Computer Security, Darkmatter, Politics And Government, Crime and Criminals, Cyberwarfare and Defense, Surveillance of Citizens by Government, Espionage and Intelligence Services, NSO Group

A New Age of Warfare: How Internet Mercenaries Do Battle for Authoritarian Governments

Sophisticated surveillance, once the domain of world powers, is increasingly available on the private market. Smaller countries are seizing on the tools — sometimes for darker purposes.
Tags: News, Mexico, Saudi Arabia, United Arab Emirates, Computer Security, Darkmatter, Computers and the Internet, Cyberwarfare and Defense, Surveillance of Citizens by Government, Cyberattacks and Hackers, Espionage and Intelligence Services, NSO Group, Classified Information and State Secrets, Government Contracts and Procurement, Qahtani, Saud al

VPS Healthcare Reconsiders London IPO Because of Brexit Uncertain - Bloomberg

VPS Healthcare Reconsiders London IPO Because of Brexit Uncertain - Bloomberg:VPS Healthcare LLC, a hospital operator in the Middle East, Europe and India, is reconsidering plans to list in London due to uncertainty surrounding Brexit, according to a person with knowledge of the matter.The Abu Dhabi-based hospital operator is also evaluating listing in the U.S. or Singapore and will decide closer to the IPO, the person said, asking not to be identified because the matter is private. VPS Healthca...
Tags: Travel, London, Singapore, India, United Arab Emirates, Abu Dhabi, Brexit, Middle East Europe, Rupert Neil Bumfrey, Rothschild Co, NMC Health Plc, VPS Healthcare, VPS Healthcare Reconsiders London IPO, Brexit Uncertain Bloomberg, VPS Healthcare LLC

Etihad Airways Names Indie Crossmedia as Its Global Media Agency of Record

Etihad Airways has selected independent agency Crossmedia as its global agency of record, effective immediately, after a review. Starcom had been global media AOR for the national airline of the United Arab Emirates since July 2015. A spokeswoman for Starcom declined to comment, but one person close to the review said the Publicis Groupe-owned agency...
Tags: General, Advertising, United Arab Emirates, Etihad Airways, Publicis Groupe, Starcom, Crossmedia, Etihad Airways Names Indie Crossmedia

#Dubai’s message to its people: be tolerant, or else | Financial Times

Dubai’s message to its people: be tolerant, or else | Financial Times:Dubai has a limitless ability to reinvent itself. Having run out of branding wonders — think of Burj Khalifa or its man-made islands — the Gulf emirate has now latched on to catchy concepts. Drive through the city’s boulevards and you’ll see of billboards celebrating the “year of tolerance”; you might even spot “Tolerance Bridge”. Talk to residents and you will learn that school children are assigned tolerance projects and art...
Tags: Travel, United Arab Emirates, Dubai, Francis, Uae, Financial Times, Burj Khalifa, Gulf, Rupert Neil Bumfrey

Former Netherlands boss Van Marwijk named UAE coach

Abu Dhabi (AFP) – Dutch coach Bert van Marwijk has been named the new United Arab Emirates coach, the country’s football association announced on Wednesday. The 66-year-old, who led the Netherlands national side to the... Visit for the rest of the story.
Tags: Sport, Soccer, Netherlands, United Arab Emirates, Uae, Afp, Van Marwijk, Bert van Marwijk, Abu Dhabi AFP

THE APPLE STORE WORLD TOUR: From Albuquerque to Zurich, here's a look at every Apple Store across the globe (AAPL)

To understand Apple's global retail footprint, it helps to see it for yourself. We've compiled a list of every Apple store in the world. Jump to your favorite country or state via the table of contents, or scroll down to see every store alphabetically. It's hard to believe Apple was started out of a garage in California just over 40 years ago. Today, Apple is worth hundreds of billions of dollars and has over 500 stores in 24 countries around the world. Apple stores weren't even a "thing" unt...
Tags: Apple, Google, South Korea, Hong Kong, Japan, Sweden, Colorado, South Park, California, Steve Jobs, Washington, Mexico, US, Trends, Spain, Turkey

United Arab Emirates: Consumer Protection And The Laws Relating To Consumer Protection In The UAE - STA Law Firm

"A customer is the most important visitor on our premises. He is not dependent on us. We are dependent on him.
Tags: News, United Arab Emirates

United Arab Emirates: Identifying And Acting On Fake Advertorial Content - Gowling WLG

The likes for Gowlessence's Self-Care Serum advertising campaign have been rolling in. As explored in a previous article
Tags: News, United Arab Emirates

#UAE banks' net interest margins expected to remain under pressure | ZAWYA MENA Edition

UAE banks' net interest margins expected to remain under pressure | ZAWYA MENA Edition:Net interest margins (NIMs) for nine of the ten biggest listed banks in the United Arab Emirates dropped during the fourth quarter (Q4) of last year, according to Alvarez and Marsal.In its UAE Banking Pulse report, the professional services firm stated that NIMs for the UAE’s biggest banks dropped by six basis points quarter-on-quarter, to 2.52 percent in Q4 2018, from 2.58 percent in Q3 2018 .“We will probabl...
Tags: Travel, United Arab Emirates, Uae, Alvarez, Rupert Neil Bumfrey, Saeeda Jaffar, UAE Banking Pulse, Marsal, NIMs for the UAE, Alvarez and Marsal

New public-private research lab will use artificial intelligence for medical image analysis

UvA professors Cees Snoek and Marcel Worring are starting a new public-private research lab together with researchers from the Inception Institute of Artificial Intelligence Ltd. from the United Arab Emirates led by Professor Ling Shao.
Tags: Health, United Arab Emirates, Cees Snoek, Marcel Worring, Inception Institute of Artificial Intelligence Ltd

#UAE Plans to Ease Citizens' Debt Burden as Economy Slows - Bloomberg

U.A.E. Plans to Ease Citizens' Debt Burden as Economy Slows - Bloomberg:The United Arab Emirates started a program that aims to reduce the debt burden of its citizens as the oil-rich Gulf country grapples with an economic slowdown.The program, launched by the central bank, targets loans that cost individuals more than 50 percent of their monthly salary, according to the state-run WAM news agency. Payments would be consolidated over a maximum period of four years and capped at half the person’s s...
Tags: Travel, Wam, United Arab Emirates, Gulf, Rupert Neil Bumfrey

The future of borders in the Middle East

The collapse of Arab regional order during the 2011 uprisings provided a chance to reconsider the Middle East’s famously misshapen states. Most rebels sought to control the central government, not to break away from it. Separatist, in contrast, unilaterally sought territorial autonomy or outright secession. They took advantage of the breakdown of security services to set up their own peripheral enclaves. In the last eight years, separatists have served as foot soldiers in the coalition that defe...
Tags: Books, Politics, Isis, Featured, Iraq, Russia, US, Syria, United States, Middle East, United Arab Emirates, Moscow, Libya, Benghazi, Assad, Yemen

Bailed-out #Bahrain has little room for maneuver in economy reboot | Reuters

Bailed-out Bahrain has little room for maneuver in economy reboot | Reuters:As the weekend kicks off in Bahrain, Saudi Arabian and Kuwaiti cars jam the capital’s roads and hotel lobbies fill with visitors looking for bars, restaurants and other night-time entertainment.A new sales tax introduced this year means government coffers will gain with every glass of wine sold and shisha pipe smoked, but that’s still not enough to plug a large gap in the island kingdom’s finances and wean it off aid fro...
Tags: Travel, Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Reuters, Rupert Neil Bumfrey, Bahrain Saudi Arabian

New Zealand prepares to bury victims of terror attack on its Muslim community

The stricken Muslim community of Christchurch was preparing to bury its dead after the far right terrorist attack on two mosques which stunned New Zealand. Graves for the victims of the worst mass shooting in the country’s history were being dug on Saturday, in anticipation of their bodies being released by the authorities. Workmen using diggers carefully prepared the ground in a quiet corner of Memorial Park Cemetery, with colleagues erecting a cloth over a fence to preserve the dignity of thei...
Tags: News, Minneapolis, Isil, Syria, Afghanistan, Pakistan, United Arab Emirates, New Zealand, Bangladesh, Somalia, Christchurch, Auckland, Nabi, Bush, Omar, Mustafa

#Qatar Bars FAB From Adding Clients Amid Riyal Manipulation Probe - Bloomberg

Qatar Bars FAB From Adding Clients Amid Riyal Manipulation Probe - Bloomberg:Qatar banned the United Arab Emirates’ biggest bank from growing its business in the country amid an investigation into the potential manipulation of its currency. First Abu Dhabi Bank PJSC "failed to comply with an order of the QFC Civil and Commercial Court to produce an affidavit demonstrating its preservation of documents relevant to an ongoing regulatory investigation into potential manipulation of the Qatari riyal...
Tags: Travel, Qatar, United Arab Emirates, Doha, Rupert Neil Bumfrey, First Abu Dhabi Bank, First Abu Dhabi Bank PJSC, Qatar Financial Centre Regulatory Authority, QFC Civil and Commercial Court

Stories Of The Victims Of The New Zealand Mosque Attack

An attack on a New Zealand mosque took the lives of 50 worshippers Friday and left dozens more wounded when a white supremacist opened fire and live-streamed the shootings. Here are the stories of some of those killed and wounded. THE DEAD HUSNA AHMED Farid Ahmed refuses to turn his back on his adopted home, despite losing his 45-year-old wife, Husna Ahmed, in the Al Noor mosque attack. They had split up to go to the bathroom when it happened. The gunman livestreamed the massacre on the inter...
Tags: Facebook, Asia, News, Minneapolis, Saudi Arabia, India, Ap, Malaysia, Pakistan, West Bank, United Arab Emirates, Dubai, New Zealand, Bangladesh, Associated Press, Jordan

Fredericton swimmer wins silver at Special Olympics World Games

A 22-year-old from Fredericton won silver in the 400-metre freestyle swimming event at the 2019 Special Olympics World Games in the United Arab Emirates on Friday. Jesse Canney was diagnosed with non-verbal autism when he was one and started private swimming lessons when he was seven. "One of the other parents said she thought I was going to go right over the railing," Moxon said of her excitement.
Tags: News, United Arab Emirates, Fredericton, Moxon, Jesse Canney

All that glitters is gold: some of the world’s most spectacular gold landmarks

Visit some of the world’s most impressive gold-themed attractions, from temples and museums that preside over the skylines of iconic cities to a lavish hotel made of gold which takes luxury to whole new heights, and a famous stretch of golden coastline which is a magnet for the A-list. After you’ve had your gold fix, […] The post All that glitters is gold: some of the world’s most spectacular gold landmarks appeared first on A Luxury Travel Blog.
Tags: Travel, Asia, Europe, Australia, Hotels, Russia, Colombia, Thailand, Accommodation, Attractions, Middle East, United Arab Emirates, Myanmar, South America, Eastern Europe, Oceania

MIDEAST STOCKS- #AbuDhabi hits multi-year peak, blue-chip banks lift #Qatar | Reuters

MIDEAST STOCKS-Abu Dhabi hits multi-year peak, blue-chip banks lift Qatar | Reuters:The Abu Dhabi stock market climbed sharply on Thursday for its biggest one-day gain in nearly three years while Qatar was lifted by its blue-chip banks to its best day in seven months.The Abu Dhabi index rose 3.7 percent. First Abu Dhabi Bank (FAB), the United Arab Emirates' biggest bank, surged 6.5 percent and Emirates Telecommunications added 5.2 percent.With FTSE and S&P index rebalancing ataking place across ...
Tags: Travel, Qatar, United Arab Emirates, Abu Dhabi, Mena, Reuters, Rupert Neil Bumfrey, Mohamad Al Hajj, First Abu Dhabi Bank, First Abu Dhabi, Emirates Telecommunications

Gearbest security lapse exposed millions of shopping orders

Gearbest, a Chinese online shopping giant, has exposed millions of user profiles and shopping orders, security researchers have found. Security researcher Noam Rotem found an Elasticsearch server leaking millions of records each week, including customer data, orders, and payment records. The server wasn’t protected with a password, allowing anyone to search the data. Gearbest ranks as one of the top 250 global websites, and serves top brands, including Asus, Huawei, Intel, and Lenovo. TechCrunch...
Tags: Security, Europe, Privacy, Tech, Eu, European Union, Encryption, Czech Republic, Pakistan, United Arab Emirates, Data Protection, Lenovo, Huawei, Shenzhen, Data Security, Database

5 resorts perfect for a halal friendly family Summer trip

It’s crazy to think we’re already nearing the end of March. With the months flying by and Ramadhan just around the corner, before we know it the summer holidays will be here. Take it from experience, planning the summer holidays equates happy kids. It’s like scheduling your work day, like having a app for […] The post 5 resorts perfect for a halal friendly family Summer trip appeared first on A Luxury Travel Blog.
Tags: Travel, Asia, Hotels, Africa, Turkey, Accommodation, Middle East, United Arab Emirates, Resorts, Mauritius, Sri Lanka, Regions, Ramadhan

Dubai payment firm Network International to list in London

The Dubai-based payment processing firm Network International, which completes credit card transactions across the Middle East and North Africa, is preparing for an initial public offering.
Tags: London, Finance, Article, Middle East, United Arab Emirates, Dubai, Associated Press, North Africa, FBN, Fbn/markets, Network International, Fox-business/markets, Fox-business/markets/stocks, Fox-business/industries, Fox-business/markets/ipos, Fox-business/features

Senate Rebukes Trump Over Saudi War In Yemen

The Senate has passed a resolution aimed at ending U.S. support for Saudi Arabia’s ongoing war in Yemen, a rebuke to President Trump that may force him to issue the first veto of his presidency. The resolution passed by 54-46 with bipartisan support, the culmination of a years-long effort led by Sens. Bernie Sanders (D-VT), Mike Lee (R-UT) and Chris Murphy (D-CT) to claw back Congress’s constitutional war powers and end American support for a humanitarian disaster in Yemen. “Today, we in the S...
Tags: News, Congress, Saudi Arabia, Senate, White House, Democrats, House, United Arab Emirates, Dc, Republican, Yemen, Mike Lee, Uae, Bernie Sanders, Trump, Sanders

Egypt is poised to turn into Africa's hottest tech scene, but 2 industry veterans say the country is up against 2 major challenges

Thanks to a massive, young, internet-connected population and a host of long-stagnant problems, Egypt has become a hot spot for tech innovation in the Middle East and Africa. Two veterans of Egypt's tech scene told me that despite the large crop of startups in the country, the industry faces two major challenges: "brain drain" of its best talent and onerous government bureaucracy. Because the Egyptian pound trades at close to 18-to-$1, it is nearly impossible for Egypt's companies to compete w...
Tags: Europe, China, Africa, US, Trends, Egypt, Middle East, United Arab Emirates, Dubai, Cayman Islands, Cairo, Hosni Mubarak, Ministry Of Finance, EgyptAir, Sharara, Abdelhameed Sharara

UAE says 7 Emiratis, 2 Egyptians detained by Iran were freed

DUBAI, United Arab Emirates (AP) — The United Arab Emirates says seven Emiratis and two Egyptians held by Iran since January after being detained in the Persian Gulf have been freed. The Emirati Foreign Ministry said in a statement Wednesday the nine were detained while on a fishing trip. It said those detained were released […]
Tags: News, Iran, Ap, Nation, United Arab Emirates, Uae, DUBAI United Arab Emirates, Persian Gulf, Emiratis, Emirati Foreign Ministry