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17:40
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15
November 2018

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Markets

2,778.76 0.09%
Volume
78,038,369
Turnover
0.09%
Trades
1,457
11
Up
6
Flat
15
Down
Traded stocks 32
5,055.46 0.68%
Volume
45,827,592
Turnover
0.68%
Trades
2,005
12
Up
5
Flat
11
Down
Traded stocks 28
Most active
ADA
3.3
EIC
6.9
Al Salam Bank
1.46
BILDCO
0.48
National Marine Dredging
3
ADNH
2.9
GGICO
0.21
DXB Entertainments
0.33
FAB
14.8
Etisalat
17.1
ADIB
4.05
Emaar
4.9
UPP
0.62
FAB
14.8
Salama
0.69
ADIB
4.05

#Business


20 minute 4 second

Huawei is building its own AI voice assistant for outside of China

As of now, Huawei's AI-powered virtual assistant Xiaoyi is available only in China through the AI Cube and its smartphones, but the company has some big plans for it. In an interview with CNBC, Huawei's Consumer Business CEO, Richard Yu, said that the company is planning on releasing its voice assistant outside of the country without specifying which languages it will support. Huawei uses Google's Assistant and Amazon's Alexa for its products outside of China with the AI Cube being the latest device from the company launched during this year's IFA in Berlin. And Richard Yu says that Huawei will...
23 minute 12 second

Wisconsin business gives every employee money to buy a gun

A family-owned business in Wisconsin that makes whiskey, beer and shot glasses with a decorative bullet built into them that they describe as “bulletproof” gave its company employees an unusual gift -- $500 to purchase the gun of their choice. The announcement came late last month during a company meeting. "We wanted to give a gift they could use for personal protection and we thought it would be fun," Ben Wolfgram, co-owner of BenShot, the glassware design company in Hortonville, Wisconsin, told ABC News. The staff of 16 was allowed to pick a firearm at any local gun shop, and...
39 minute 33 second

Facebook hits back at The New York Times, pointing out the 'inaccuracies' in its blockbuster report on leadership missteps

Facebook CEO Mark Zuckerberg. An explosive New York Times report delved into how Facebook's leadership dealt with scandals over the past few years. Facebook published a blog post refuting elements of the report, such as Russian interference, political point-scoring, and Zuckerberg banning his executives from using iPhones. Business Insider has broken down Facebook's objections alongside the Times' reporting. Facebook inner workings were laid bare on Wednesday by a New York Times report that went into gory detail about how the social network's leadership struggled to contend with a series of scandals. Facebook on Thursday delivered a riposte in the form...

47 minute 7 second

Steven Gerrard: ‘If I text, call or see him, Jürgen’s always got time for me’

“It’s a serious business,” Steven Gerrard says with familiar intensity when he is asked about laughter and football. The former Liverpool captain and enduring icon, who is carving out an impressive new career as , considers a memory that belongs to his mother. In , a feature-length documentary about Gerrard’s 27 years at Liverpool, from the age of eight, his mum remembers how he laughed often as a little boy. Since then there has been glory and pain, loyalty and agony. I know Gerrard pretty well and, in 2015, just as his emotional final season as a Liverpool player approached...
49 minute 4 second

India vs Ireland, Live Score ICC Women's T20 World Cup: India Eye Semi-Final Berth Against Ireland

Harmanpreet Kaur-led India are on a roll after convincingly defeating New Zealand and Pakistan in the first two Group B encounters of the ICC Women's World T20. On Thursday, they face Ireland with a view of the semi-final berth. Ireland have lost both their opening games, the first against Australia by nine wickets, and then a 38-run defeat against Pakistan in the second. It has been a combined team effort for the women in blue in the opening two matches so far. While skipper Harmanpreet Kaur and the young Jemimah Rodrigues batted out the White Ferns comprehensively in the first...
57 minute 12 second

Abu Dhabi Chamber supports ADNOC's drive to encourage suppliers to work with more local SMEs

ABU DHABI, 15th November, 2018 (WAM) -- Muhammad Al Rumaithi, Chairman of Abu Dhabi Chamber of Commerce and Industry, has said that the Chamber supports the drive of the Abu Dhabi National Oil Company (ADNOC) to encourage suppliers to work with more local SMEs. Speaking today, on the sidelines of the ADNOC’s 3rd annual Business Partnership Forum, Al Rumaithi added, "As we all know, SMEs are the driver for economic development and prosperity for a country."

57 minute 41 second

Central Bank works closely with ADNOC to support ICV programme, says UAE Central Bank Governor

ABU DHABI, 15th November, 2018 (WAM) -- Mubarak Rashed Al Mansoori, Governor of the UAE Central Bank, has said that the Central Bank has worked closely with ADNOC over the last year to support ADNOC's In-Country Value (ICV) programme, which he said, is an important programme that "focuses on increasing the use of local goods and services, creating jobs, and encouraging more exports." Speaking on the sidelines of the ADNOC’s 3rd annual Business Partnership Forum today, Al Mansoori added, "All of these activities support growth in the UAE."
1 hour 12 minute

Android Use "Purely On Merit": Facebook After Reports Of Snub To Apple

San Francisco: Dismissing a media report that Facebook CEO Mark Zuckerberg ordered his management team to use only Android phones after his tiff with Apple CEO Tim Cook, the social media network today said the decision to use Android is because it is the most popular operating system in the world.The New York Times yesterday said that "after Tim Cook, Apple's chief executive, quipped in an interview that his company did not traffic in personal data, Mr Zuckerberg ordered his management team to use only Android phones".In a statement today, Facebook said Mr Zuckerberg's disagreement with Mr Cook is only...
1 hour 15 minute

Beyoncé buys out Ivy Park venture from Sir Philip Green

Beyoncé has ended a business partnership with Topshop boss Sir Philip Green by buying him out of Ivy Park, the gymwear label they founded together. It comes weeks after Sir Philip was publicly accused of sexual and racial harassment, claims he denies.The pair launched Ivy Park two years ago, playing on the personal brand of the US singer and outspoken feminist. However, Beyoncé had faced pressure from campaigners to cut ties. In a statement on Thursday, Ivy Park said: "After discussions of almost a year, Parkwood has acquired 100% of the Ivy Park brand. Topshop - Arcadia will fulfil the...

1 hour 16 minute

Uganda orders military to protect Chinese businesses

Ugandan President Yoweri Museveni has ordered the army to protect Chinese companies following a spate of thefts.Addressing a group of 120 Chinese investors on Wednesday, Mr Museveni announced increased patrols and CCTV installation in industrial parks.China has significant investments in Uganda but businesses have lost large sums of money in robberies.The government is under pressure to increase security amid an increase in violent crime across the country."To me, this is a simple problem to solve," President Museveni said, according to an official statement.He added that any security workers who lose a gun while guarding a Chinese business could face a...
1 hour 40 minute

Mark Zuckerberg's spectacular failure of leadership shows why some Facebook investors are desperate to fire him

Facebook CEO Mark Zuckerberg. The New York Times exposé on Facebook's crisis management exposes a spectacular failure in leadership from CEO Mark Zuckerberg. The report suggests he was at best uninterested in some of the scandals that engulfed his company, and at worst, complicit in exacerbating them. It's red meat to powerful investors who want to oust Zuckerberg as chairman. Stepping down as chairman would allow him to acknowledge his failings, throw a bone to Facebook's critics, and still maintain control of the firm he built. If you haven't read The New York Times' blockbuster 6,000-word opus on how Facebook...
1 hour 50 minute

Emirates Group announces half-year performance for 2018-19

Dubai - MENA Herald:  The Emirates Group today announced its half-year results for 2018-19. The Group saw steady revenue growth compared to the same period last year, however profits were impacted by the significant rise in oil prices, and unfavourable currency movements in certain markets, amidst other challenges for the airline and travel industry.   The Emirates Group revenue was AED 54.4 billion (US$ 14.8 billion) for the first six months of its 2018-19 financial year, up 10% from AED 49.4 billion (US$ 13.5 billion) during the same period last year. Profitability was down 53% compared to the same period last...