The countries have called on all parties to stop the escalation immediately.

Paris: Renault SA said a probe into finances under Carlos Ghosn has found some questionable expenses made by the former chairman, who is facing charges of financial crimes in Japan. Certain expenses “are a source of concern, as they involve questionable and concealed practices and violations of the group’s ethical principles,” Renault said in a […]

New York: Walgreens Boots Alliance Inc. is facing a reckoning and it’s hitting the drugstore chain’s billionaire chief executive, Stefano Pessina, in the wallet. Beset by bruising retail competition, changing drug-price economics and consolidation among its rivals, the company saw its shares fall Tuesday by the most since August 2014, sinking 13 per cent to […]

Indians called it a high point in Indo-UAE relationship.

Frankfurt Am Main: Taxmen in 22 countries worldwide have raked in more than $1.2 billion (Dh4.4 billion) in fines and back taxes thanks to the 2016 “Panama Papers” leak of information about offshore dealings, media reported on Wednesday. Britain has recouped some $253 million, France $136 million and Australia $93 million, the International Consortium of Investigative […]

UAE’s largest fuel and convenience retailer says it will award a 63% rise in annual dividend for fiscal year 2019

Elie Khouri, CEO of Omnicom Media Group MENA, takes a longer-term of the record-breaking transaction

Court recognises that the 2006 Concession Agreement remains valid and binding.

Dubai: A London arbitration court has ruled in favour of a Djibouti port operator in which Dubai’s DP World Group has a minority stake. It has also ordered the Djibouti government to pay Doraleh Container Terminal, the port operator, $385 million plus interest for breach of contract. Further damages are also possible if Djibouti develops […]

A new multi-storey car park for 900 vehicles has opened at Dragon Mart, meaning quicker access and more convenience for More…