Dubai Duty Free: Indian expat wins a million dollars

A 34-year-old Dubai-based Indian woman has won the Dubai jackpot, taking home US$1 million in the latest Dubai Duty Free Millennium Millionaire and Finest Surprise. The draw was held on Tuesday at the Concourse B, Terminal 3 of Dubai International Airport. Beejal O. takes home $1 million dollars (Dh3.67 million) after her name was picked in […]

The top 6 investment options for NRIs in India

With the Indian rupee witnessing its sharpest fall in 6 years earlier this month, non-resident Indians (NRIs) planning to send money home are in for a good windfall. For every Indian expat in the Gulf, the question that pops up every now and then is: “Am I saving and investing enough for the future?” The […]

Britain’s Johnson opening Brexit bid: Rip out the Irish border backstop

LONDON: Prime Minister Boris Johnson has fired the opening salvo in his bid to renegotiate Britain’s divorce from the European Union, demanding that an insurance policy for the Irish border be removed from the Brexit deal and replaced with a pledge. After more than three years of Brexit crisis, the United Kingdom is heading towards […]

Aramco to select Lazard, Moelis for world’s biggest IPO

Saudi Aramco has picked Lazard Ltd. and Moelis & Co. to advise on the oil giant’s second attempt at the world’s largest initial public offering (IPO), people with knowledge of the matter said. The boutique investment banks have started preparatory work on the offering, according to the people, who asked not to be identified because […]

Imkan awards China’s CNTC as main contractor for Pixel project on Reem Island

Abu Dhabi Abu Dhabi real estate developer Imkan on Sunday announced Chinese construction company CNTC as the main contractor for its Pixel project on Reem Island. CNTC, based out of Beijing, is among China’s largest construction conglomerates with a presence in over 35 countries and 120 cities across the globe. The company’s extensive portfolio includes […]

How to be a successful businesswoman in the UAE?

Dubai: If you are above the age of 20, and a woman who wants to start her own business – you need to read this. The 17 selected participants of the second edition of the Badiri Social Entrepreneurship Programme (BSEP) recently visited London and Liverpool, on a field trip in pursuit of learning socially impactful […]

India’s gold market feels the squeeze

Mumbai (Bloomberg): Jewellers in India, the top consumer after China, are facing a bleak outlook as record high prices and fading demand threaten to drag annual gold sales to the lowest in three years. With demand growing 9 per cent during the January-June period, jewellers were expecting consumption to increase after a subdued couple of […]