TOKYO Toyota announced on Tuesday it was creating a joint venture with Panasonic to develop batteries for electric cars, as the Japanese auto giant ramps up its ambitions for electric-powered vehicles. The firm will be set up by 2020 and controlled 51-49 per cent by Toyota, the Prius manufacturer said in a statement. “Toyota and […]

TOKYO Visitors pouring into Japan’s Haneda airport for the Tokyo Olympics next year may find themselves ferried to and from planes on driverless buses, currently being tested at the major hub. Six Japanese firms, including national carrier ANA, jointly started a 10-day experiment with a self-driving prototype minibus last week. On Tuesday, officials allowed a […]

More than 300 small and medium-sized enterprises responded to our recent Flying Colours start-up competition, which closed earlier this month. Flying Colours presented UAE-based SMEs with the opportunity to share their unique business ideas and concepts to win flights worth Dh100,000 on Emirates Airline. The competition, which launched on November 25, 2018, was created in […]

Dubai: Nasdaq Dubai welcomed on Tuesday the listing of a S$750 million sukuk by Dubai Islamic Bank, (DIB). It is Nasdaq Dubai’s first sukuk listing of 2019 and DIB’s seventh altogether on the exchange. DIB is the leading UAE-based sukuk issuer by value on Nasdaq Dubai with a total of $6 billion, including the latest […]

Airline to launch Sharjah-Surat route, and expand services from Sharjah and Abu Dhabi to Kannur.

Dubai Customs has welcomed 15 new companies that recently joined the Authorised Economic Operator, AEO, which raises More…

LONDON: European shares fell on Monday from recent six-week highs as a global equity rally stalled after data confirmed a slowdown in China’s economy and investors awaited for Britain’s next steps to break the deadlock over Brexit. British Prime Minister Theresa May is set to present her ‘Plan B’ for Brexit to parliament later in […]

Dubai Quality Group, DQG, has announced Hassan Omar as the new chairman for the period 2019-2021. The Group has also More…

No one could have imagined Dubai without Sheikh Saeed, who spent 46 years ruling it, the Dubai Ruler writes.