Dubai: Drake & Scull International has lost its chairman, Obaid Bin Touq, just days after the exits of the Group CEO, the chief financial officer and chief legal officer. The announcement of Bin Touq’s resignation from the board of directors came just an hour away from the company’s annual general meeting (AGM). No reasons were […]
San Francisco: San Francisco is about to require brick-and-mortar retailers to take cash as payment, joining Philadelphia and New Jersey in banning a growing paperless practice that critics say discriminates against low-income people who may not have access to credit cards. The Board of Supervisors will take up the issue at a meeting on Tuesday, […]
US President Donald Trump’s latest threat to ramp up trade tariffs on China kept global share markets weak on Tuesday, while Turkey’s lira was back in trouble as concerns about its politics erupted again. Europe’s main bourses and Wall Street were firmly back in the red after Trump’s threat on Monday to ratchet up tariffs […]
International Monetary Fund Managing Director Christine Lagarde issued a fresh warning about the threat trade tensions pose for the world economy and said it may take time for the US and China to resolve their issues. The comments came two days after tweets by US President Donald Trump warning of new tariffs on China, marking […]
NEW DELHI: Any retaliatory tariff by India in response to the United States’ planned withdrawal of some trade privileges will not be “appropriate” under WTO rules, US Commerce Secretary Wilbur Ross warned on Tuesday. The comments, made to broadcaster CNBC-TV18 during a trip to India’s capital, come as trade ties between the United States and […]
Shuraa – a leading services providers in the UAE helped analyze and understand the reasons why Dubai is among …
Dubai: The chairman of Drake & Scull International, the financially troubled engineering firm, has resigned. Obaid Bin Touq put in his papers along with another board member, Khamis Buamim, DSI said in a statement on Dubai Financial Market. This leaves the company without a chairman, a group CEO and chief financial officer within a matter […]
The royal passed away on the second day of Ramadan.
It will serve as an advisory board of the academy, which is part of the Dubai Future Foundation.
Abu Dhabi: The UAE will lift a years-long travel ban on Lebanon, a move that could revive the embattled country’s vital tourism sector. Visiting UAE Ambassador to Lebanon Hamad Al Shamsi said the ban would end soon, according to Lebanon’s state-run National News Agency. Al Shamsi, who met with Foreign Minister Gebran Bassil, said a […]