US private payrolls accelerate

WASHINGTON US private employers boosted hiring in August, suggesting the economy continued to grow at a moderate pace despite trade tensions which have stoked financial market fears of a recession. Labor market resilience was underscored by other data on Thursday showing a slight increase last week in the number of Americans filing applications for unemployment […]

Mohammed launches ambitious ‘Youth Hub’ for young entrepreneurs

Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, launched on Wednesday the “Youth Hub”, an initiative by the Federation Youth Authority which will be the largest open trade incubator in trade centres, markets, airports, cultural and tourist facilities in the state. The initiative will provide free […]

Holiday-home stays no longer welcome at Downtown Dubai

Dubai: All holiday-home visits to the Downtown Dubai will no longer be welcome from September 19, after a statement issued by Emaar, the master-developer, to this effect on Wednesday. “The change in policy comes in the light of several requests and resident complaints on disturbances and related inconveniences due to holiday home operations,” said a […]

UAE dairy giant Marmum signs deals worth Dh27m at EuroTier Middle East

Dubai: Marmum, one of the leading dairy and juice companies in the UAE, signed contracts worth Dh27 million with two of the leading national feed producers in the UAE. The contracts were signed in Abu Dhabi at the first-ever EuroTier Middle East event. “As a local, home-grown brand we are committed to creating high volumes […]

Asia’s richest man Mukesh Ambani is handing out free 4k televisions as JioFiber starts operations

Three years after elbowing into the Indian wireless phone market with free calls and data, billionaire Mukesh Ambani is back at it. This time, Asia’s richest man is handing out TVs to hook users on movies and entertainment shows via internet. The tycoon is wedging into a business teeming with players from rival mobile carriers […]