Abu Dhabi: Khalifa Industrial Zone Abu Dhabi, Kizad, an Abu Dhabi Ports subsidiary, has waived the charges for over 75 per cent of its services, in line with the Abu Dhabi Government directive to encourage further investment into the emirate. In an ongoing commitment to the growth and success of operations at Kizad, three-quarters of […]
NEW DELHI: China has told India not to block its Huawei Technologies from doing business in the country, warning there could be consequences for Indian firms operating in China, sources with knowledge of the matter said. India is due to hold trials for installing a next-generation 5G cellular network in the next few months, but […]
Los Angeles: Walt Disney Co. said Tuesday second-quarter results were lifted by strong box office gains but failed to meet Wall Street forecasts, sending shares sharply lower. Disney shares tumbled more than three per cent in after-hours trade after reporting profits fell 51 per cent to $1.4 billion (Dh5.15 billion) while revenues rose 33 per […]
Dubai: We have not one new million dollar winner today but two. And they both are Indian expats from the UAE. An Indian expat from Kannur, Kerala, has just won a million dollars at the Dubai Duty Free raffle. He is sharing his winning ticket with ten other colleagues and friends but will still get […]
Mumbai: India’s central bank is poised to deliver its fourth successive quarter-point interest rate cut on Wednesday, amid calls from investors and the government for further easing as a slowdown gripping the economy becomes more pervasive. The Reserve Bank of India will lower the benchmark repurchase rate by 25 basis points to 5.5%, according to […]
Terminal 2D was initially developed in 2009 for a container terminal expansion, but SOHAR Port and Freezone is now offering the 750,000 square …
Muscat, July 2019: With several developmental plans underway, including future projects, SOHAR Port and Freezone continues to seek possibilities …
London: US and European stocks clawed back some of their recent losses after China moved to stabilise its currency, providing a respite for investors stung by an escalation in trade tensions. The S&P 500 Index advanced while manufacturing shares led the Stoxx Europe 600 higher as China fixed the yuan at stronger than 7 per […]
Swaraj had been admitted to the All India Institute of Medical Sciences in New Delhi on Tuesday night.
Dubai: UAE’s flag carrier, Emirates airline, has released photos of its newest Boeing 777X aicraft, which is currently in production. “We’re proud to see the UAE flag for the first time on the Emirates Boeing 777X. Currently in production, the 777X combines the best features of today’s Beoing airplanes 777 with a longer fuselage, new […]