Author: dailyguardian.ae
Living in a slum in central India with her widowed mother and two young daughters, Nayantara Gupta says she owes her relative prosperity in recent years to Prime Minister Narendra Modi and his Bharatiya Janata Party (BJP). Gupta, a 28-year-old single mother, said she voted for the BJP in the last two general elections and plans to do the same in the next vote due by May, citing the party’s focus on women’s welfare, including cash handouts and domestic benefits such as piped water, 24/7 electricity and a cooking gas connection in her cramped home. “He’s changed many things for…
The leading Dubai real estate developer Binghatti, has achieved a significant milestone with the successful launch of its inaugural $300 million 3-year sukuk issuance. Priced at 9.625 per cent, the sukuk experienced a tightening of approximately 30 basis points, demonstrating strong investor demand and confidence. This transaction garnered widespread demand from both regional and international investors, with the order book peaking at an impressive 2.1 times subscription. The order book reached excess of $600 million, peaking at $621 million, underscoring the robust demand for Binghatti’s Sukuk offering. Ahead of the issuance, Binghatti had met with investors on international roadshows in…
Moving to a new country with the family can be nerve-racking. There is a sense of excitement sure, but there’s also trepidation. Will you like the new place? Will each member of the family get adjusted to the new environment? And what happens if one does not? Fortunately, for former UAE resident Ansar Floris, there was plenty to do in the UAE and for the family to enjoy when they relocated to the country. The 54-year-old South African says he was in Abu Dhabi and Al Ain between 2002 and 2011 and again between 2015 and 2019. He says he…
Despite strong performances from skipper Muhammad Waseem and allrounder Aayan Afzal Khan the UAE lost by three wickets to Canada in an ICC Men’s Cricket World Cup League 2 match at the Dubai International Cricket Stadium. After being dismissed for 194 runs in 47.5 overs the hosts were unable to restrain the Canadians who reached the target with 14 balls to spare. The chase was made possible by Sri Lankan-born Srimantha Wijeyeratne ()59, with six 4s) and Barbadian Nicholas Kirton’s unbeaten 68 (with seven 4s). Zahoor Khan was the pick of the UAE bowlers with three for 37 while Junaid…
Group-IB, a leading creator of cybersecurity technologies to investigate, prevent, and fight digital crime, today released their annual Hi-Tech Crime Trends report. In 2023, Group-IB’s report revealed a 68% surge in ransomware attacks, primarily affecting financial services and real estate sectors. The Gulf Cooperation Council (GCC) countries, South Africa, and Turkey were the top targets for Ransomware-as-a-Service (RaaS) affiliates. Information stealers posed a significant threat, impacting over 297,106 infected devices in the MEA region, with an additional 903,002 hosts’ logs available for sale on underground markets. Moreover, 152 new data leaks were identified in the MEA region during the same period. H.E.…
AMD’s former senior vice president and general manager of Radeon has come out with some strong words against Nvidia. Scott Herkelman called Nvidia “the GPU cartel” in response to a story from the Wall Street Journal in which Nvidia’s customers claim that it delays GPU shipments in retaliation for those customers shopping with other suppliers. The accusation in question comes from Jonathan Ross, CEO of AI chip startup Groq, who said, “a lot of people that we meet with say that if Nvidia were to hear that we were meeting, they would disavow it. The problem is you have to…
Russian opposition leader Alexei Navalny’s funeral service and burial will take place in Moscow on Friday, his spokesperson said, after a search for a hall to allow his supporters to bid farewell to him failed. Kira Yarmysh, his spokesperson, posted on X that a service for Navalny would be held on Friday at 1400 Moscow time (1100 GMT) in the Church of the Icon of the Mother of God in the Moscow district of Maryino. She told people to get there early. Navalny would then be buried at the Borisovskoye cemetery, she said. Navalny, 47, died at an Arctic penal…
The company remains steadfast in its commitment to delivering innovative, high-end products and services that redefine consumer experiences As the curtains rise on MWC 2024, Huawei CBG unveils its strategic vision, underpinned by a fusion of high-end sophistication, fashion-forward aesthetics, and unparalleled technological prowess. Let’s delve into the remarkable journey of Huawei CBG as it paves the way for a future where innovation knows no bounds. In the fast-paced world of technology, staying ahead of the curve is not merely an aspiration but a necessity for businesses aiming to thrive. In 2023, Huawei CBG (Consumer Business Group) demonstrated innovation and…
Is there something romantic about the desert? Actor Dave Bautista certainly thinks so. He was in the UAE recently, along with his Dune cast mate Josh Brolin and filmmaker Denis Villeneuve, the man responsible for bringing one of the best sci-fi works on the big screens. City Times caught up with the three at a resort on the outskirts of Abu Dhabi (Dune vibes just got real!) ahead of Dune: Part Two’s release on February 29 in the UAE. The film, an adaptation of Frank Herbert’s novel of the same name, follows Paul Atreides on his journey to becoming a…
Arabian Gulf Chemical Leaders Discuss Clean Energy Future at 4th GPCA Leaders Forum The Forum took place on 28 February 2024 at the Kempinski Central Avenue, Dubai, UAE under the theme, ‘Charting the Energy Evolution Pathways in the GCC’ Dubai, UAE, 28 February 2024 – Chemical leaders from across the GCC gathered at the 4th Gulf Petrochemicals and Chemicals Association (GPCA) Leaders Forum today at the Kempinski Central Avenue, Dubai, UAE, to discuss the clean energy future and possible energy evolution pathways in the GCC region. Now in its 4th edition, the exclusive, C-suite gathering took place under the theme…