The name of the era of Japan’s soon-to-be-emperor Naruhito will be “Reiwa,” or ordering harmony, the government More…

ABU DHABI. Officials met on Sunday to discuss the revolution in cross-border payment services now available to banking customers and residents in the UAE. The UAE Banks Federation, UBF, along with SWIFT, the financial messaging services provider, hosted the event to discuss the digital transformation taking place across the financial services industry. The meeting, held […]

Decision will strengthen “family ties of workers” and boost the labour market.

Beijing China’s first official economic gauge for March signalled a stabilisation in the world’s second-largest economy, easing one of the biggest worries for the global outlook. The manufacturing purchasing managers index rose to 50.5 from 49.2 last month, the biggest increase since 2012 and exceeding all estimates by economists. Both new orders and new export […]

Dubai: As the UAE examines options to implement the excise tax on a broader range of products, analysts say the retail market may not be ready for yet another round of taxation. The country’s Ministry of Finance confirmed on Sunday that they are conducting a joint study with Saudi Arabia to discuss with the Kingdom’s […]

Sharjah: Recent stimulus packages have significantly contributed to growing the non-oil private sector across the country, according to the chief of the UAE Federation of UAE Chambers of Commerce and Industry (FCCI). Addressing a joint meeting of the FCCI General Secretariat and Directors of the Chambers of Commerce, Humaid Mohammad Bin Salim, FCCI Secretary-General, expected […]

Dubai: Agthia, the UAE-based maker of Al Ain bottled water, is rewarding its shareholders with a 15 per cent cash dividend, following a productive year that saw net profits rise to Dh211 million. Shareholders of the Abu Dhabi-listed company approved during their latest general meeting a Dh90 million payout. The food and beverage company posted […]