Sunday 25 September 2016
 
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Opec in new push to clinch key output freeze deal

As far as Opec decision-making is concerned, Algeria, which plays host to oil ministers next week, has always been the land of surprises. The last two meetings of the Organization of the Petroleum Exporting Countries (Opec) held in Algeria -- in 2004 and 2008 -- shocked the marke

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Smartphones herald a new era of action photography

Smartphone cameras are catching up with high-end DSLRs, a report said, highlighting that the flexibility of smartphones leaves them well-equipped to capture content that is off limits to traditional cameras.  From 360 Virtual Reality-ready content and action photography to w

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Satellite tracking could prevent jet disappearances

Two US companies have developed an airline tracking system that they say would prevent planes disappearing in the manner of the Malaysia Airlines MH370. Instead of sending tracking signals to ground stations - which means planes' locations can be lost over oceans or remote ar

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Brexit move tips scale in GCC’s favour: report

The UK’s impending historic withdrawal from the European Union (EU) is opening new opportunities for advancing the position of the GCC as an economic powerhouse, a report said. The report entitled ‘UK’s EU Referendum: Why ‘Brexit’ Matters to the GCC&

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Just going on vacation may change gene activity

In a new study comparing a meditation retreat with just relaxing in the same locale, both options improved stress regulation, immune function and other cellular markers in the blood. Researchers measured gene activity, blood markers and reported wellbeing during the vacation and

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Top 10 trends to look for at Gitex Shopper

Gitex Shopper, the Middle East’s largest consumer IT and electronic show, tracks top 10 trends for tech savvy consumers looking to update devices and tap into the latest developments in the industry. Visitors to the expo which will take place from October 1-8 at Dubai World

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Ransomware ‘now a billion-dollar industry’

The fastest-growing area of cybercrime has developed into a $1 billion-a-year industry complete with customer care departments set up to secure payments from victims of ransomware attacks, said an industry expert. Cyberattacks using ransomware – a form of malicious software

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IoT driving future reality market to hit $150bn

The global virtual reality (VR), augmented reality (AR), and mixed reality (MR) market is projected to reach $150 billion by 2022, according to a report released by Bank of America Merrill Lynch (BofAML). While VR will account for one-fourth of the market ($30-34 billion), AR and

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Brexit? What Brexit? EU on cruise control

The "Brexit cruise" didn't get very far. EU leaders drifted down the Danube for an hour, said little about Britain over a leisurely shipboard lunch, then circled back to Bratislava to resume Friday's summit. Beneath the surface, though, things have been stirring

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Egypt discounter market to see big growth

The discounter segment in Egypt is growing rapidly as the industry steadily shifts away from traditional retail towards modern trade and will see up to 47 per cent annual growth in the coming three years, a report said. Largely recovered from the political and economic instabilit

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