Revealed: 10 most-in demand jobs and their salaries in UAE for 2019

Dubai: Professionals in the information technology and finance sectors are among the most sought after by employers in the UAE today, according to the latest data. Recruitment specialists at Robert Half revealed that analysts, developers and finance managers have topped the list of in-demand jobs for 2019, as companies are increasingly focused on improving their […]

Fed may shed clues on debate over rate cut

New York: Federal Reserve Chairman Jerome Powell has cautioned against the need for an interest-rate cut. A record of the US central bank’s most recent meeting could reveal if policymakers in fact discussed that option. Minutes of the Federal Open Market Committee’s April 30-May 1 gathering will be released at 2pm on Wednesday in Washington. Officials […]

Send your CVs to San Francisco as Zurich toppled in city survey

Hong Kong: Looking for a bump in salary and lifestyle? Then try San Francisco. The US west coast city has soared up the rankings to dislodge Zurich for the highest salaries and disposable income after rent, according to Deutsche Bank’s ‘Mapping the World’s Prices 2019.’ Over the past five years alone, San Francisco has risen […]

Plans underway to renovate all Sheraton hotels in the 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. […]

Air India to start new domestic and international flights from next month

New Delhi: Air India on Wednesday announced that various new flights would begin from next month on domestic as well as international routes in order to meet heavy demand of seats during the summer vacation. The national carrier said it will offer additional 3,500 seats per week on Mumbai-Dubai-Mumbai route from June 1. Moreover, it […]

US to favor soybeans in trade war aid for farmers

Washington/Chicago: The Trump administration is considering direct payments to US farmers of $2 (Dh7.35) per bushel for soybeans as part of an aid package to offset the trade war with China, Bloomberg reported on Tuesday, an offer that could encourage more soy planting despite record supplies. China is the world’s top soybean importer, and for […]

Switzerland votes ‘yes’ to being tax home for big business

Bern: Switzerland approved an overhaul of the corporate tax code, choosing to stay an attractive base for companies like Procter & Gamble, Vitol SA and Caterpillar Inc. even at the expense of a short-term drop in fiscal revenue. Voters supported the change, according to an initial projection published by Swiss television SRF. A poll by […]

Start-up that offers cheap money transfer service now valued at $3.5 billion

International money transfer company TransferWise Ltd. said it’s valued at $3.5 billion following a secondary share offering. Funds managed by BlackRock Inc. joined in the $292 million investment round in the London-based company, which was led by Lead Edge Capital, along with Lone Pine Capital and Vitruvian Partners, TransferWise said in a statement. Existing investors […]