Abu Dhabi: Oil prices are being led by the fallout from the US-China trade dispute rather than on traditional fundamentals of demand and supply, according to Opec secretary-general Sanusi Barkindo, speaking at the World Energy Congress in Abu Dhabi. “The global economy itself is being driven by the trade disputes between the two trading powers. […]
Chennai: Finance Minister Nirmala Sitharaman on Tuesday stated that the mindsets of millennial were adversely affecting the automobile industry as they prefer to use radio taxi services instead of buying own vehicle. “The automobile and components industry has been affected by BS6 and the mindsets of millennial, who now prefer to have Ola and Uber […]
Abu Dhabi Saudi Aramco is primed to float on international markets to complement a planned domestic initial public offering (IPO), which has been selected as its primary listing. An IPO of Saudi Aramco would happen “very soon”, Amin Nasser, its CEO, said on Tuesday, adding that the ultimate decision on the venue and timing of […]
This is the first time the ‘Pro’ tag has been used for an iPhone.
SHANGHAI: Jack Ma said he is officially stepping down as chairman of Alibaba, but the start-up he built into and online retail behemoth is expected to keep thriving into a new era thanks to a culture of innovation he helped nurture. A former English teacher whose often playful image shattered the stereotype of the drab […]
Abu Dhabi: Abu Dhabi is targetting power and water savings totaling Dh30 billion by 2030. This the emirate expects to achieve through an energy usage reduction of 22 per cent by the end of next decade and of water use by 32 per cent If successful, this “translates to around 19,000 gigawatt power of energy […]
She was in Dubai on a visit visa.
Dubai: A number of listed companies in the UAE, particularly banks, have announced their intention to increase foreign ownership limits (FOL), attracting higher portfolio investments into the UAE. Analysts expect the increased foreign investment into domestic banks to offer manifold benefits for the institutions concerned, the stock market and the economy as a whole. “Increasing […]
Abu Dhabi. Under the patronage of Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs and Chairman of the Board of Directors at Abu Dhabi Fund for Development, Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, on Monday announced the launch of the Abu Dhabi […]
Gitex Shopper will take place from September 24 to 28.