Tokyo Carlos Ghosn’s arrest threw Nissan Motor Co. into a corporate tailspin with allegations of self-dealing, profligate spending and filing false statements. Now the automaker’s profits are falling off a cliff, and successor Hiroto Saikawa may go down with them. Troubled by slumping US sales, ageing models and a product cycle that’s out of sync, […]
Dubai. Amanat Holdings, the health care and education investment firm, reported on Sunday Dh20.7 million in net profit attributable to owners in the first quarter of 2019, marking a 43 per cent jump year-on-year. Total income increased to Dh35.4 million — up by 30 per cent — with Dh30.2 million of those coming from investments […]
Dubai: When they launched the business, the promoters of Kitab Sawti weren’t only focused on scripting a success story. They had to convince enough Arabs out there to take up reading as a hobby … or by extension, start listening to audio books in their language. Now, the Gulf and Middle East are not exactly […]
New York The trade war between the US and China continues to loom large over the world economy. The two negotiating teams are on a break this week after talks ended Friday in Washington, without a deal yet still alive. President Donald Trump last week boosted duties on more Chinese sales to the US and […]
Dubai: The Kuwaiti logistics firm Agility booked a net profit of KD20.3 million (Dh245.12 million) in the first quarter of 2019, off the back of KD378.8 million in revenues. The company’s stated profits were an increase of 7.3 per cent on the first quarter of 2018. While revenues grew by 1.9 per cent, the company’s […]
Dubai. Eshraq Properties reported on Sunday a 73 per cent plunge in its net profit for the first quarter of 2019, as it made some losses on investments and saw lower operating income. The company’s profit fell to Dh2.1 million from to Dh7.7 in the same quarter of 2018, as revenues also slid by about […]
The planned new system will include an enhanced gratuity scheme and a private sector savings programme.
You can do this all by taking the help of consultants in Dubai, UAE. it will do wonders for you and you will get freed from the fear of …
If you asked around, many students and graduates would recall that one moment when they were so broke, they had to borrow money from a friend.
Ministry is investigating the incident in cooperation with local and international bodies.