August 16, 2018 | English | عربي
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August 1, 2018

Under the auspices of President Bashar al-Assad, Vice-President Najah al-Attar inaugurated on Tuesday the 30th edition of"...

 


Billions hinge on Malaysia Mahathir’s bid to...
August 15, 2018

Malaysian Prime Minister Mahathir Mohamad arrives in China on Friday seeking to renegotiate, and perhaps cancel, billions of dollars worth of Chinese-invested projects entangled"...

Saudi state carrier says flights affected by system...
August 15, 2018

Saudi Arabia's state airline Saudia says its flights have been affected by a system failure as the kingdom prepares to host the annual haj.

The"...

 

 
August 15, 2018

Walt Disney chief executive Robert Iger is upbeat about his plans for new video streaming services and the takeover of 21st Century Fox, even as second-quarter earnings missed estimates due to film write-offs.

ESPN+, the $5-a-month online sports service launched in April, is attracting more subscribers than forecast, Mr Iger told investors. He also said Disney has big plans for Fox assets, including offering ecologically themed tours tied to that company’s National Geographic business.

“We’ve"...

August 15, 2018

A payments provider that gets 5 per cent as much revenue as Deutsche Bank is now worth more than the German lender deemed by regulators to be one of the world’s most important banks.

Wirecard, based in a the Munich suburb of Ascheim, overtook Germany’s biggest bank by market value on Monday, riding a wave of investor enthusiasm for payments companies. The stock, which has climbed by more than 84 per cent this year, is set to join the country’s benchmark DAX index next month, possibly at the expense of Commerzbank.

Wirecard’s"...

August 15, 2018

Hong Kong intervened to defend its peg to the dollar for the first time in three months after the local currency fell to the weak end of its trading band.

The Hong Kong Monetary Authority bought HK$2.159 billion (Dh1bn) of local dollars during New York trading hours on Tuesday, according to the de facto central bank’s page on Bloomberg. The last intervention was on May 18. The city’s currency traded at HK$7.8499 as of 12:41pm local time, near the weak end of its permitted trading range of HK$7.75 to HK$7.85.

The"...

August 15, 2018

A week after Elon Musk shocked the markets by proclaiming Tesla may become a private company, evidence has piled up that the mercurial chief executive officer was tweeting too soon.

Goldman Sachs hadn’t been formally tapped as a financial adviser by Tesla's CEO when Mr Musk revealed he may take the electric-car maker off the market and said he’d secured the funding to do so, according to people with knowledge of the matter. The bank and private equity firm Silver Lake still hadn’t officially signed on when Mr Musk said on Twitter late Monday that"...

August 15, 2018

Infiniti Motor has introduced Idris, its new, Artificial Intelligence (AI) led virtual assistant, designed to help customers with any product related questions they would like answered.

Available around the clock and even at weekends, Infiniti’s virtual assistant will be accessible to learn more about the entire model range of Infiniti. Customers only need to select Idris in the Facebook messenger or open the regional Infiniti websites and all product details will soon be in your hand, a company statement said.

Idris is a chatbot, communicating through a text messenger service and answering the majority of everyday"...