London: British bank HSBC, fresh from revealing the exit of its CEO John Flint, announced on Monday that it will axe about 4,000 jobs in a new overhaul. “We’ve announced a restructuring” that “involves two per cent of our workforce” or 4,000 jobs, said Chief Financial Officer Ewen Stevenson, in a first-half earnings conference call, stressing […]
Fatima Malik Rahmoum, her husband and their five children live in Ajman.
The Bill was passed in the Lok Sabha with over 350 members voting in its favour.
The Indian rupee took a plunge on Monday — falling as low as 1.4 per cent against the US dollar — the highest since December 11. The rupee touched as high as 19.21 against the UAE dirham as Indian stocks crashed. Added to this, experts in the UAE say worries over the political situation in […]
Bitcoin climbed above the $11,000 level for the first time since mid-July and led gains among the biggest cryptocurrencies, as risk assets across Asia and Europe tumbled on escalating trade-war tensions. The largest cryptocurrency surged as much as 14% from Friday’s close and traded at $11,749 at 6:14 a.m. in New York, according to consolidated […]
Dubai: The value of apparel sales in the UAE reached $12.3 billion (Dh45.1 billion) in 2018, marking an annual growth rate of around 4.8 per cent, according to a report by the Dubai Chamber of Commerce. The report is based on recent data from Euromonitor International, which described the apparel market as a key segment […]
Dubai Culture & Arts Authority (Dubai Culture), is hosting and inviting the community to attend ‘The Founding Fathers More…
Another group of 10 residents will be sharing $1 million they won in another draw on the same day.
Emirates gears up for a busy travel period this weekend for the Eid holiday. The busiest time for departures in More…
Modhesh World, the indoor family friendly destination at Dubai World Trade Centre, offers something for everyone to More…