Monday 21 August 2017

Five bold predictions on Artificial Intelligence

Artificial Intelligence (AI) will have an enormous influence on the way we live our lives in the next decade. From enabling hyper-personalisation to saving huge amounts of time on routine tasks, these new tools will fundamentally shift the way we interact with technology in our day-to-day lives


Why families should choose frozen

In today’s busy family homes, it is important to ensure that every member of the family consumes healthy and delicious meals, which can be challenging sometimes for the people who love to cook. Americana Foods, the region’s leading frozen food retailer, is encouraging


GCC currency pegs remain resilient despite low oil

Currency pegs across the GCC remain resilient despite the drop in oil prices, said an industry expert, noting that while the region’s reserves will allow countries to withstand pressures on the peg, diversification and reforms are crucial. Dr Paul Wetterwald, chief economis


Liverpool, an 'ideal destination for property investment'

Once a favourite for Middle Eastern property investors, rising property prices and dwindling rental yields in London have meant more investors have been searching for new ways to generate an income from UK property. In the last few years, investment in the north of England has grown, a


Leveraging the cloud to manage workforce

Leveraging the cloud has become a fast and more cost-effective way for companies large and small to streamline HR processes and scale services as they expand, says global management consulting firm Accenture in a new report. With the cloud you can upgrade and integrate new applic


Oil drives Saudi Arabia’s fiscal deficit lower in H1

Saudi Arabia’s budget deficit, which fell to SR72 billion ($19 billion) in the first six months of the year, half of the first-half 2016 deficit, reflects a sharp increase in oil revenues from higher oil prices, Moody’s said. Oil revenue in the first half of 2017 rose


What colour will your car be in 2018?

In the Middle East and Africa, the hotter climates make lighter colours more appealing. A study conducted by Berkeley Lab Environmental Energy Technologies Division and published in Applied Energy journal, proved that lighter coloured cars reflected much more heat than darker coloured cars and


Egypt’s nuclear dream ‘about to come true’

When the final contracts for the El Dabaa nuclear power plant are signed this year, Egypt is edging ever closer to fulfilling its nuclear ambition being nurtured for more than half a century now, says a study. Over the intervening six decades, Egypt has come a long way and, after


Coal share in Mena power mix will remain limited

Regional governments are looking at coal to diversify the energy mix and enhance energy security, but despite the several reasons, coal is likely to only play a marginal role in the future of the region’s power sector, a report said. Coal continues to be the dominant fuel i


Low oil hitting working capital in Middle East

Overall working capital performance in the Middle East has decreased by nine days in 2016 bringing the total decline to 14 days since 2014 with lower oil prices being cited as one of the main reasons for the decline, a report said. The squeeze in working capital was initially fel

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