Construction of three thematic districts completed at Expo 2020 site in Dubai

Dubai: Construction of Expo 2020 Dubai’s petal-shaped thematic districts is now complete, marking one of the event’s most significant construction milestones. More than 100 million working hours have now gone into developing the site, including the completion of all shell and core works for the opportunity, mobility and sustainability districts. Final building completion certificates have […]

Eurozone business growth fails to shine in May

LONDON: A recovery in Eurozone business activity was weaker than expected this month as a deepening contraction in the bloc’s manufacturing industry is increasingly holding back services firms, a survey showed. Last month, European Central Bank President Mario Draghi raised the prospect of more support for the struggling Eurozone economy if its slowdown persists and […]

Plans underway to renovate all Sheraton hotels in Middle East

Dubai: Since its $13.6 billion (Dh49.95 billion) acquisition of Starwood Hotels and Resorts in 2016, Marriott International has primarily focused on two things: The introduction of its new loyalty programme, and the rejuvenation of one of Startwood’s most important brands: Sheraton Hotels. That is according to Indy Adenaw, vice-president and global brand leader of Sheraton. […]

Japan’s trade surplus falls sharply as exports drop

Tokyo: Japan’s trade surplus dropped by around 90 per cent in April, official data showed Wednesday, with exports affected by a slowdown in China’s economy as it wages a trade war with Washington. Meanwhile, Japan’s politically sensitive trade surplus with the United States grew 17.7 per cent in April from a year earlier, the data […]

More hiring: Over 8,000 jobs open in Dubai in 1 month as new businesses stream in

Dubai: Thousands more vacancies are opening up for jobseekers in Dubai, as new businesses continue to stream in. The Department of Economic Development (DED) issued at least 2,805 new licences to enterprise owners in April, substantially higher by 60 per cent compared to the 1,753 permits granted in the same period last year. The new […]