Business United Arab Emirates

  • Instead, he reported it to Citizen Lab, an internet watchdog, setting off a chain reaction that in two weeks exposed a secretive Israeli cyberespionage firm, defanged a powerful new piece of eavesdropping software and gave millions of iPhone users across the world an extra boost to their digital security. "It feels really good," Mansoor said in an interview from...

  • CAIRO/ ABU DHABI, Aug 25- Egypt's Minister of Supply Khaled Hanafi has resigned amid the highest-profile corruption case since President Abdel Fattah al-Sisi came to power in 2014.. If Egypt's local wheat procurement figures were misrepresented, it may have to spend more on foreign wheat purchases to meet local demand- even as it faces a dollar shortage that has...

  • Instead, he reported it to Citizen Lab, an internet watchdog, setting off a chain reaction that in two weeks exposed a secretive Israeli cyberespionage firm, defanged a powerful new piece of eavesdropping software and gave millions of iPhone users across the world an extra boost to their digital security. "It feels really good," Mansoor said in an interview from...

  • *China, Dubai among places where coasts expand. OSLO, Aug 25- The Earth has gained coastal land equivalent to the size of Jamaica in the past 30 years with man-made construction outpacing erosion caused by rising sea levels, mapping data showed on Thursday. Expansion of ports off China, construction of luxury resorts off Dubai or land reclamation in the...

  • LONDON, Aug 25- Emerging markets enjoyed some respite on Thursday in line with a pause in the dollar, though the rand stayed under pressure after hefty losses caused by an apparent power struggle between the South African presidency and treasury. Most of the attention was on South Africa, however. Gordhan's efforts at the treasury are seen as key to preserving...

  • TEHRAN, Iran— The whirling hum of a dialysis machine could have been the soundtrack to the rest of Zahra Hajikarimi's life but for an unusual program in Iran that allows people to buy a kidney from a living donor. Iran's kidney program stands apart from other organ donation systems around the world by openly allowing payments, typically of several thousand...

  • The $622- million purchase by the Qatar Investment Authority comes as the Doha fund increases its investments in the U.S. as the small country on the Arabian Peninsula tries to cope with low global oil and gas prices. The trust owns a total of 14 office properties and six retail properties around the New York area. Tiny Qatar, an OPEC member, is a strong regional ally...

  • DUBAI, Aug 24- Saudi Arabia's powerful Deputy Crown Prince Mohammed bin Salman will discuss the kingdom's drive to cut its reliance on oil exports in visits to China and Japan that begin next week, Saudi media and sources said on Wednesday. From Japan, Prince Mohammed will return to China to chair Saudi Arabia's delegation to the Sept. 4-5 summit of leaders of the...

  • *Chinese firms in running for K-Electric. SINGAPORE/ ISLAMABAD, Aug 24- Chinese state-backed firms are frontrunners to buy a $1.5 billion controlling stake in Pakistani utility K-Electric, sources said, as they bet the benefits of a Beijing- led economic corridor will trump the risks of investing in Pakistan. "The China-Pakistan Economic Corridor is the main...

  • LAUNCESTON, Australia, Aug 23- A surge in China's diesel exports last month to record levels is probably the last thing refiners in the rest of Asia wanted to hear, but they should probably worry more about rising crude oil prices. For example, the premium of gasoil, the broad term for middle distillates that include diesel, in Singapore over Dubai crude averaged...

  • LAUNCESTON, Australia, Aug 23- A surge in China's diesel exports last month to record levels is probably the last thing refiners in the rest of Asia wanted to hear, but they should probably worry more about rising crude oil prices. For example, the premium of gasoil, the broad term for middle distillates that include diesel, in Singapore over Dubai crude averaged...

  • The deal would represent the third-largest in the ad tech industry, after Alphabet Inc unit Google's acquisition of DoubleClick and Microsoft Corp's deal for aQuantive. Media.net, a Yahoo Inc ad partner, attracted seven bidders, including a publicly listed company based in the United States. Media.net, which is based in Dubai and New York, gets 90 percent of its...

  • Aug 22- Advertising technology startup Media.net said on Monday it had been acquired for about $900 million in cash by a group of Chinese investors. Zhiyong said Miteno will now focus on expanding Media.net' s presence in China, following the company's successful run in the United States. The company is based in Dubai and New York and is led by technology...

  • SARAJEVO, Aug 21- Abdulah Al Sanousi enjoys the breeze in the lush resort outside Sarajevo where his family bought a flat to escape the summer heat at home in Kuwait, one of thousands of new Gulf buyers whose investment has polarized local opinion. They discovered mountainous Bosnia, where half the population is Muslim, after the Arab Spring which destabilised...

  • SARAJEVO, Aug 21- Abdulah Al Sanousi enjoys the breeze in the lush resort outside Sarajevo where his family bought a flat to escape the summer heat at home in Kuwait, one of thousands of new Gulf buyers whose investment has polarized local opinion. They discovered mountainous Bosnia, where half the population is Muslim, after the Arab Spring which destabilized...

  • LONDON, Aug 22- Graham had been trying to grab some sleep at home before a busy night's work when his phone started buzzing with text messages. It was 10 p.m. on June 23, and voting had just ended in Britain's referendum on its future in the European Union. The text messages were from sales staff at the international bank where London- based Graham works as a proprietary...

  • SARAJEVO, Aug 21- Abdulah Al Sanousi enjoys the breeze in the lush resort outside Sarajevo where his family bought a flat to escape the summer heat at home in Kuwait, one of thousands of new Gulf buyers whose investment has polarized local opinion. They discovered mountainous Bosnia, where half the population is Muslim, after the Arab Spring which destabilised...

  • SARAJEVO, Aug 21- Abdulah Al Sanousi enjoys the breeze in the lush resort outside Sarajevo where his family bought a flat to escape the summer heat at home in Kuwait, one of thousands of new Gulf buyers whose investment has polarized local opinion. They discovered mountainous Bosnia, where half the population is Muslim, after the Arab Spring which destabilized...

  • KUALA LUMPUR/ SYDNEY/ LONDON, Aug 19- U.S. investment bank JPMorgan will include Islamic bonds, or sukuk, in its emerging markets indices for the first time from later this year, widening the appeal of Islamic instruments among global debt investors. Dollar-denominated sukuk from Turkey, Malaysia and Indonesia will be included in JPMorgan's flagship EMBI Global...

  • KUALA LUMPUR/ SYDNEY/ LONDON, Aug 19- U.S. investment bank JPMorgan will include Islamic bonds, or sukuk, in its emerging markets indices for the first time from later this year, widening the appeal of Islamic instruments among global debt investors. Dollar-denominated sukuk from Turkey, Malaysia and Indonesia will be included in JPMorgan's flagship EMBI Global...