Mindshare appoints new Mena CEO

Dubai: Mindshare, the global media agency network that is part of GroupM, announced on Sunday that effective October 1, Mindshare Mena Regional CDO, Tony Bourached, will take over the lead as Chief Executive Officer. Reporting dually to Ashutosh Srivastava — Mindshare Chairman & CEO, AMEA, Russia, and CIS, and Ravi Rao — Bourached succeeds Rao, […]

Dh80.96 billion sent home by expats in the first half of 2019

ABU DHABI: Expat remittances from the UAE amounted to Dh80.96 billion ($22.04 billion) during the first half of 2019, according to figures released by the Central Bank of the United Arab Emirates. Dh33.046 billion of the total was transferred through money exchange companies, while the rest was transferred through banks operating in the country. India is the […]

Petra Diamonds finds 20.08 carat blue diamond

Petra Diamonds said on Monday it had recovered an extremely rare 20.08 carat blue diamond from its flagship Cullinan mine, the world’s main source of rare blue diamonds. The diamond miner has invested heavily in the South African mine as it bets on big finds in an industry assailed by synthetic rivals and uncertain demand […]

India wants to be global steel hub

New Delhi: The Modi government seems determined to boost the country’s crude steel production capacity to 300 MT by 2030-31 in a bid to make India a global steel manufacturing hub. At present, China is the world’s largest steel producer with a production capacity of 928.3 MT of crude steel (2018), while India, with 106.5 […]

Google braces for landmark global privacy ruling

London: Google is bracing for another landmark privacy decision at the European Union’s top court, five years after a “right-to-be-forgotten” ruling forced it to delete links to personal information on request. The EU Court of Justice will rule Tuesday on the US giant’s follow-up fight with a French data-protection regulator over whether the right should […]