ABU DHABI The UAE government, in cooperation with the World Economic Forum on the Middle East and North Africa (MENA), has become the first signatory to the “Scale 360” initiative, which aims at moving towards a more circular economy while using less natural resources and reducing pollution to tackle climate change. This step reaffirms the […]

Dubai:The UAE government’s new foreign direct investment (FDI), law passed in 2018 could accelerate investment flows by up to 20 per cent this year, from the eight per cent average growth rate, as per the recent estimates of the Ministry of Economy. The landmark law is predicted to further strengthen the already business-friendly climate in the […]

He has been buying the Big Ticket for almost 18 years.

Mumbai: Indian Prime Minister Narendra Modi swept to power five years ago on a business-friendly manifesto that promised to shake up Asia’s third-largest economy and boost employment. As Modi, 68, seeks a second term in India’s almost six-week mega-election beginning on Thursday, AFP looks at how he has delivered on his main economic pledges. Jobs, […]

Paris: Former Nissan boss Carlos Ghosn has recorded a message in which he names the people he believes are to blame for his legal problems in Japan, his wife said in an interview on Sunday. Ghosn was rearrested last week in Japan over fresh allegations of financial misconduct which will see him held in custody […]

Dubai: Flyers who will be diverted to the new airport in Jebel Ali due to the upcoming runway repairs at Dubai International will enjoy a huge discount on taxi fares. The Dubai Taxi Corporation of Roads and Transport Authority (RTA) announced on Sunday that prices will be slashed by 75 per cent for passengers arriving at […]

Dubai: The Saudi Arabia Purchasing Managers’ Index (PMI) climbed to 56.8 in March, from February’s 56.6. The latest reading was the highest since December 2017 and indicated one of the strongest growth performances over the past three-and-a-half years. “The average PMI reading for the first quarter of 2019 was 56.5, indicating the strongest quarterly expansion […]

Oasis Mall to open with 45 retail stores, including Carrefour, Home Centre, Emax, Max and Fun City