Brooke Petroleum and Gas Investment Company (BPGIC), a UAE company in the oil storage and services business, executed an initial lease agreement for new land in the port of Fujairah, close to its present facilities, which can accommodate its planned Phase III. BPGIC intends to use the land to further increase its capacity for crude
IKEA’s stores are huge and, so are its revenues. In the financial year between September 2017 and August 2018, the Swedish multinational retailer made €38.8 billion in global revenues ($43 billion). This clearly isn’t all profit though, because aside from what must be hefty operational costs, IKEA has just announced that it will “invest considerably”
A recent report stated that AMD’s processor sales are fast-tracking in Japan, reaching 68.6% of direct sales. Although it’s been known for some time now that AMD is making progress in some regions such as Germany, data from other regions have been slow to collect. Recently, data for both direct CPU sales (like ordering a CPU
Facebook disclosed a series of transformations to check and limit hate speech and extremism on its site, as scrutiny is growing on how the social network may be radicalizing people. The company commenced its announcements by stating it would expand and develop its definition of terrorist organizations, adding that it planned to implement artificial intelligence to be
Internet of Things (IoT) is a system consisting of interconnected computing devices, machines etc.which have unique identifiers and can pass information or data over a network without needing human-to-human or computer-to-human communication. As per the “US Internet of Things (IoT) Market by Component, By Communication Technology, By End Use Industry, Competition Forecast & Opportunities, 2012 – 2022”, the market of IoT in the US is expected to increase at a CAGR of more than 14% over a span of
If 5G equipment bans from the United States, Australia, and New Zealand weren’t enough this year, Huawei will end 2018 on an even worse note: Kyodo News reports that Japan’s government has made a decision to block the Chinese company and its smaller rival ZTE from network hardware procurement. Not inadvertently, Canadian authorities are publicly considering a similar ban after last week’s
A group of Chinese AI and facial recognition companies have been added to a US blacklist quoting rights abuses against Muslims in Xinjiang. The “entity list” of the US government consists of 28 Chinese companies. The list forbids American companies from continuing any associations with them. The US government said the companies were blacklisted as
UAE businesses must take major roles in investing in Lebanon’s utility, telecom and energy sectors, according to Lebanese Premier Saad Hariri. “The UAE stood by Lebanon in good and tough days … and we are here to fortify our cooperation by creating partnerships between our private sectors,” Hariri said. “We wish and hope the Emiratis
China’s national security issues – from Taiwan to the South China Sea and food security – might be at stake as the United States magnifies the trade war, according to some of Beijing’s most proficient US hands. Beijing has long asserted that national interests were at the heart of its main differences with Washington in
With the newest over-the-air update, Tesla has rolled out a couple of very convenient features, some we’re amazed took automakers until 2019 to discover and develop. These features use the many existing sensors and cameras in Tesla cars to offer new safety and convenience options that owners should find quite useful. The first is Dog Mode: With the
