RAKEZ Business Excellence Awards 2018

The fifth edition of our Business Excellence Awards recognised 12 outstanding free zone and non-free zone businesses across Ras Al Khaimah. Here are the highlights of the amazing evening! جوائز راكز لتميّز الأعمال بنسختها الخامسة تكرم 12 شركة شاملةً شركات المنطقة الحرة والمحلية الرائدة في إمارة رأس الخيمة. إليكم بعض المقتطفات من الحفل

‘So far, so good,’ Mnuchin says of trade talks in China

BEIJING: US Treasury Secretary Steven Mnuchin said talks with China went well on Wednesday, as the world’s two largest economies try to iron out an agreement to resolve their trade dispute. “So far, so good,” he said when asked by reporters on how the meetings in Beijing went. He did not say who he met. […]

Ghosn Stands to lose millions in compensation

Paris: The woes keep mounting for Carlos Ghosn. Renault’s board voted unanimously Wednesday to cancel tens of millions of euros in compensation that he was set to receive as its chairman and chief executive, days after the French carmaker notified judicial authorities that he may have misused company money. Also Wednesday, the embattled executive hired […]

French jobless rate falls to near 10-year low

Paris: France’s unemployment rate fell unexpectedly at the end of last year to its lowest level since the start of 2009, data published by the INSEE national statistics office on Thursday showed. The jobless rate fell to 8.8 per cent from 9.1 per cent in the previous quarter, the lowest level since the first quarter […]

China’s trade surplus with US narrows in January

BEIJING: China’s trade surplus with the US narrowed in January even as its American imports continued to plunge, official data released on Thursday showed, as officials from the world’s top two economies sat down for crucial trade talks in Beijing. China’s exports across the Pacific fell more than 2 per cent in January from a […]

Jet Airways approves lenders’ rescue deal

Mumbai: The board of Jet Airways Ltd has approved a plan by its lenders to resolve a near Rs85 billion (Dh4.41 billion, $1.19 billion) funding gap, which will make them the largest shareholders of India’s biggest full-service carrier, Jet said on Thursday. Jet, saddled with over $1 billion in debt, had a rough 2018 as […]