12km corridor will channel about 2,000 vehicles every hour during peak periods.
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The Department of Transport in Abu Dhabi is yet to make a formal announcement.
Mumbai: Domestic equity benchmark BSE Sensex plunged over 400 points in early trade Monday amid heavy foreign fund outflow and weak domestic as well as global cues. The 30-share index was trading 373.14 points or 0.97 per cent lower at 37,963.87 at 0930 hours; and the broader Nifty also sank 116.80 points or 1.02 per […]
New Delhi/Dubai: India’s Reliance Industries talks to grant a minority stake in its refining assets to Saudi Aramco have hit a roadblock over the valuation and structure of the deal, two people familiar with the matter said. State-owned Aramco, the world’s biggest oil producer, plans to boost investment in refining and petrochemicals to secure new […]
… think about where they want to have that licence – and that is what we are here for and why we are the market leaders for advisory.
This is the most common form of legal in the UAE. This structure permits multinational companies to conduct operations inside and …
Dubai: China has been Dubai’s top trading partner since 2014, as the emirate has cemented its status as a major regional and global hub for the Chinese market. Dubai-China bilateral trade hit Dh139 billion in 2018, and was valued at Dh36 billion over the first quarter of 2019. Notably, telecoms, phones, PCs, aluminium, gold, automobiles, […]
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An independent report published earlier this year and commissioned by the Dubai government said that Expo 2020 will contribute more than Dh122.6 billion to the country’s economy by 2031. The report, by the consultancy EY, also stated that at its peak, Expo 2020 will generate business equivalent to 1.5 per cent of the UAE’s GDP. […]
Dubai: Waha Capital, an Abu Dhabi-based investment company, has appointed Amr Al Menhali as Chief Executive Officer. Al Menhali will join Waha Capital in September 2019 and brings with him a track record of success of nearly two decades at leading UAE banks, where he has held a variety of senior positions and leadership roles. […]
Washington: The International Monetary Fund is downgrading its outlook for the world economy because of simmering international trade tensions. But at the same time, the fund is boosting its forecast for US economy this year, citing expectations that the Federal Reserve will cut interest rates. The IMF said Tuesday that it expects the global economy […]