Monthly Archives: October 2015

Apple Opens First Stores In Arab World

THANKS;Jon Gambrell

Posted: 10/29/2015 09:11 AM EDT

The two locations in the United Arab Emirates join Apple’s 464 other retail shops around the world.

DUBAI, United Arab Emirates (AP) — Apple opened its first retail stores in the Arab world on Thursday in the luxury malls of the United Arab Emirates, hoping to sell wealthy consumers on their new high-end smartwatches.

Apple’s two new stores, at Dubai’s Mall of the Emirates and Abu Dhabi’s Yas Mall, find themselves alongside other global luxury brands like Emporio Armani, Fendi and Burberry. And that’s no accident, industry watchers say, as Apple wants to give wealthy consumers hands-on experience with its new Apple Watch line, with some of the high-tech timepieces costing as much as $17,000.

“Apple is trying to position itself, with the watch in particular, as a fashion brand — and a premium fashion brand,” said Daniel Gleeson, a senior analyst at IHS. “It is looking to be part of that company alongside Burberry and Armani. … So moving into that retail slot next to them is not surprising.”

In this Tuesday, Oct. 27, 2015 photo, Senior retail director Wendy Beckman, briefs journalists at the Apple Store ahead of their grand opening in Dubai, United Arab Emirates. Apple has opened its first retail stores in the Arab world with two shops in the United Arab Emirates. The two new stores for the Cupertino, California-based technology giant are in Dubai’s Mall of the Emirates and Abu Dhabi’s Yas Mall. Both opened Thursday, Oct. 29, 2015. (AP Photo/Kamran Jebreili
In this Tuesday, Oct. 27, 2015 photo, Senior retail director Wendy Beckman, briefs journalists at the Apple Store ahead of their grand opening in Dubai, United Arab Emirates. Apple has opened its first retail stores in the Arab world with two shops in the United Arab Emirates. The two new stores for the Cupertino, California-based technology giant are in Dubai’s Mall of the Emirates and Abu Dhabi’s Yas Mall. Both opened Thursday, Oct. 29, 2015. (AP Photo/Kamran Jebreili

The Apple stores in the Emirates have the sleek, modern look of many of the company’s other 464 retail shops around the world. At the Mall of the Emirates, 60-foot (18-meter) glass panels open up into a showroom with ficus trees and a skylight. The Apple Watch is displayed prominently.

In a nod to cultural norms in the Muslim country, staff will hold women-only workshops with customers, said Wendy Beckman, a senior retail director at Apple. Beckman gave a presentation to journalists at the Dubai store on Tuesday and refused to take questions.

Apple Inc., based in Cupertino, California, has focused its attention outside of the Arab world since beginning its retail operations in 2001. Resellers and gray-market stores filled the gap for years, with most new iPhones regularly available from mall kiosks across Dubai soon after their U.S. release, sometimes with U.S. mobile phone carrier SIM cards still inside them.

In February 2014, Apple CEO Tim Cook visited Dubai and met with its ruler, Sheikh Mohammed bin Rashid Al Maktoum. While specifics of their discussion weren’t released, Cook later visited Dubai Mall, raising speculation that Apple would enter a market already home to high-end retail spaces and deep-pocketed consumers.

<span class='image-component__caption' itemprop=
A journalist checks out the latest products at the Apple Store ahead of their grand opening in Dubai, United Arab Emirates.

Van Baker, an analyst at U.S.-based tech research firm Gartner Inc., said the move into the Emirates made sense for Apple.

“They tend to expand into new markets only when they are prepared to commit sufficient resources to the region to have a real presence,” Baker said. “I suspect that these two stores will be followed shortly by additional stores in the Arab world — assuming the initial two stores are well received.”

The stores’ opening comes as Apple reported another quarter of record earnings Tuesday, boosted by strong sales in China despite fears of slowing consumer demand for smartphones worldwide as more and more people already own one. In the Emirates, 67 percent of all mobile phones used are smartphones, according to the government’s Telecommunications Regulatory Authority.

While the iPhone 6 is the most commonly used model of mobile phone in the Emirates, with a 4.9 percent market share, South Korea’s Samsung Electronics has become the most common brand with 32.6 percent of the market, according to the government. Microsoft Corp.’s Nokia mobile phones follow closely behind with a 31.5 percent share of the market while Apple ranks third with 14.2 percent.

Still, the arrival of the Apple stores this week saw Samsung’s local reseller take out a massive newspaper advertisement announcing their own “reopening.” But Apple’s focus remains on high-end, high-spending consumers, like those willing to pay an average of $670 for an iPhone rather than buying another brand’s $200 smartphone, Gleeson said.

“Having an extensive retail presence, where you’re able to cater to that type of clientele that would be paying that type of money, is an absolute necessity for Apple,” Gleeson said. “I think it makes a lot of sense for Apple to have that retail presence in the region now, particularly when it’s looking to sell the Apple Watch there.”

Terms of the Apple store openings in the Emirates aren’t clear. Typically, foreign companies operating in the country’s seven emirates partner with a local firm. However, there have been reports Apple negotiated a 100 percent stake in its retail sales.

Apple declined to say whether it had a local partner for its stores. Neither lists any local partner information near the store entrance, common practice for shops in the Emirates. The country’s Economy Ministry and Arab Business Machine Ltd., which describes itself as Apple’s official Mideast reseller, did not respond to requests for comment.

Bringing down barriers in the Digital Single Market: No roaming charges as of June 2017

Vaniceseasonal's Blog

Thanks;European Commission – Press release Database/Nathalie VANDYSTADT &Marie FRENAY

@Strasbourg, 27 October 2015

The European Commission has welcomed today’s vote by the European Parliament’s plenary to adopt the agreement reached in June to end roaming charges by June 2017 and to set net neutrality rules for the first time in EU law.

Commission Vice-President Andrus Ansip, responsible for the Digital Single Market, said:
“The voice of Europeans has been heard. Today’s vote is the final result of intense efforts to put an end to roaming charges in the European Union and to safeguard the open internet. As from mid-June 2017, Europeans will pay the same price to use their mobile devices when travelling in the EU as they do at home. And they will already pay less as from April 2016. This is the culmination of hard work by the Commission, and in particular by former Vice-Presidents Viviane Reding and…

View original post 420 more words

Bringing down barriers in the Digital Single Market: No roaming charges as of June 2017

Thanks;European Commission – Press release Database/Nathalie VANDYSTADT &Marie FRENAY

@Strasbourg, 27 October 2015

The European Commission has welcomed today’s vote by the European Parliament’s plenary to adopt the agreement reached in June to end roaming charges by June 2017 and to set net neutrality rules for the first time in EU law.

Commission Vice-President Andrus Ansip, responsible for the Digital Single Market, said:
“The voice of Europeans has been heard. Today’s vote is the final result of intense efforts to put an end to roaming charges in the European Union and to safeguard the open internet. As from mid-June 2017, Europeans will pay the same price to use their mobile devices when travelling in the EU as they do at home. And they will already pay less as from April 2016. This is the culmination of hard work by the Commission, and in particular by former Vice-Presidents Viviane Reding and Neelie Kroes, to tackle high roaming charges. This is not only about money; this is about bringing down barriers in the Digital Single Market. Today’s achievement is a first step towards a Telecoms Single Market. More work will need to be done to overcome national silos and address challenges such as spectrum coordination. We will go further as early as next year with an ambitious overhaul of EU telecoms rules. We count on the support of the European Parliament and Member States to make this happen”.

Commissioner Günther H. Oettinger, in charge of the Digital Economy and Society, said:
“Today’s agreement shows that the European Union can deliver tangible results to improve the daily life of Europeans. Roaming charges will be soon old memories and we will get for the first time ever net neutrality rules in EU law. These rules protect the right of every European to access the content of their choice, without interference or discrimination. They will avoid fragmentation in the single market, creating legal certainty for businesses and making it easier for them to work across border. We would like to thank the European Parliament, especially the rapporteur Pilar del Castillo, for its hard work to get this important deal for European people and businesses. Digital challenges need strong action at European level, and we should continue in this direction to create a Digital Single Market”.

More information

The speeches given this morning by Vice-President Ansip at the European Parliament can be found here.

An updated fact sheet with questions and answers can be found here.

Commissioner Oettinger will participate in a press conference at 15.30 CET hosted by Member of Parliament Pilar del Castillo (broadcast on EbS).

Background

The European Commission presented its proposal for a telecoms single market (‘Connected Continent’) in September 2013 (press release). The European Parliament voted on its first reading of the draft legislation in April 2014 (press release). The Council adopted a mandate to negotiate in March 2015 under the Latvian Presidency (press release). Negotiations led to an agreement on 30 June (press release) which was formally adopted by the Council on 1 October and by the European Parliament today.

The measures adopted today will be completed by an ambitious overhaul of EU telecoms rules in 2016. This reform will include a more effective EU-level spectrum coordination. Creating the right conditions for digital networks and services to flourish is a key objective of the Commission’s plan for a Digital Single Market presented in May 2015.

Infographics Net Neutrality

Infographics Roaming

Important!!!

Thanks;Experimental Study of Princeton University /My Darling@Pennsylvania 

 

Decorative magnets outside the refrigerator door panels must be quickly removed! ‘Experimental Study of Princeton University proved that just a small piece of refrigerator magnet will attract radioactive materials and actually cause cancer!

 Refrigerator magnets affixed to the outer fridge door will absorb radiation and will make you and your family absorb more radiated food, causing high carcinogenic risk!

So please immediately remove the magnets from the fridge door to protect food from radiation contamination! @ interesting discovery!

 A researcher at Princeton University has made a horrible discovery for months. He fed two groups of mice: The first group ate food stored in a refrigerator with no decorative magnet at the door. The second group ate food stored in a refrigerator with some decorative magnets on the refrigerator door. The purpose of this experiment was to see electromagnetic radiation’s effect (i.e. decorative magnets on a refrigerator door) on the food. Surprisingly, the rigorous clinical studies showed that as high as 87% of the second group of mice which consumed “radiation” food contracted cancer i.e. the probability of cancer is higher than the other group of mice! 

Please remove any decorative magnets on your fridge, and put it away from any food!
Decorative magnets outside the refrigerator door panels must be quickly removed! ‘Experimental Study of Princeton University proved that just a small piece of refrigerator magnet will attract radioactive materials and actually cause cancer 

The 25 most economically powerful cities

Vaniceseasonal's Blog

THANKS    ;Mike Bird

Published  ;Sep 25 2015

Global-Financial-Systems_GM1E9590E6P01_Wall-street-sign1-628x330

Posted by Mike Bird – 15:56

There’s fierce competition among the world’s most powerful and influential cities, and there are a lot of questions: Are the megacities cropping up in the developing world displacing the western world’s hubs? Does London or New York come out on top?

CityLab and the the Martin Prosperity Institute have teamed up to compile a ranking of the 25 most economically powerful cities in the world today.

They’ve based it on four major factors: Overall economic clout, equity and quality of life, financial power and global competitiveness. Their estimates for these are drawn from a bundle of different sources.

There are some surprising cities pretty high up on in the ranks, and you can check where they all sat three years ago when the list was last made. Some have surged up the ranks and some have…

View original post 214 more words

The 25 most economically powerful cities

THANKS    ;Mike Bird

Published  ;Sep 25 2015

Global-Financial-Systems_GM1E9590E6P01_Wall-street-sign1-628x330

Posted by Mike Bird – 15:56

There’s fierce competition among the world’s most powerful and influential cities, and there are a lot of questions: Are the megacities cropping up in the developing world displacing the western world’s hubs? Does London or New York come out on top?

CityLab and the the Martin Prosperity Institute have teamed up to compile a ranking of the 25 most economically powerful cities in the world today.

They’ve based it on four major factors: Overall economic clout, equity and quality of life, financial power and global competitiveness. Their estimates for these are drawn from a bundle of different sources.

There are some surprising cities pretty high up on in the ranks, and you can check where they all sat three years ago when the list was last made. Some have surged up the ranks and some have dropped back considerably.

1. New York (1st in 2012)

2. London (2nd in 2012)

3. Tokyo (3rd in 2012)

4. Hong Kong (4th in 2012)

5. Paris (4th in 2012)

6. Singapore (7th in 2012)

7. Los Angeles (9th in 2012)

8. Seoul (11th in 2012)

9. Vienna (unranked in 2012)

10 (tie). Stockholm (unranked in 2012)

10 (tie). Toronto (18th in 2012)

12. Chicago (6th in 2012)

13. Zurich (10th in 2012)

14 (tie). Sydney (unranked in 2012)

14 (tie). Helsinki (unranked in 2012)

16 (tie). Dublin (unranked in 2012)

16 (tie). Osaka-Kobe (15th in 2012)

18 (tie). Boston (11th in 2012)

18 (tie). Oslo (unranked in 2011)

18 (tie). Beijing (11th in 2012)

18 (tie). Shanghai (8th in 2012)

22. Geneva (unranked in 2011)

23 (tie). Washington (14th in 2012)

23 (tie). San Francisco (unranked in 2012)

23 (tie). Moscow (unranked in 2012)

This article is published in collaboration with Business Insider. Publication does not imply endorsement of views by the World Economic Forum.

To keep up with the Agenda subscribe to our weekly newsletter.

Author: Mike Bird is a European markets editor, working from London and covering financial and economic issues.

Image: A street sign for Wall Street hangs in front of the New York Stock Exchange. REUTERS/Lucas Jackson.