Take a peek inside Dubai’s thriving tech park, Dubai Internet City

Dubai: As the city’s thriving tech park, Dubai Internet City (DIC) is a brand to reckon with. Since its launch in 1999, it has grown leaps and bounds to become the region’s premier destination for tech companies and a catalyst for Dubai’s vision to be one of the smartest and most futuristic cities in the […]

India may raise income tax threshold in budget to revive economy

India is considering increasing the personal income tax threshold in next month’s budget, according to people familiar with the matter, as authorities seek to kickstart consumption in the economy. Finance Minister Nirmala Sitharaman may raise the tax exemption limit for working-age individuals to 300,000 rupees (Dh15,832) of their annual income, up from the current 250,000 […]

India makes a move on 5G with auctions

New Delhi: After racking up $59 billion of net debt to survive a brutal war in the world’s second-biggest phone-services market, some of India’s billionaires are bracing for more as their next battle looms: 5G. India seeks to raise $84 billion this year from a sale of airwaves — most of it for the new […]