Carlos Ghosn wants case dismissed over ‘prosecutor misconduct’

Tokyo: Ex-Nissan chief Carlos Ghosn on Thursday urged a Tokyo court to dismiss the case against him, accusing Japanese prosecutors of a “pervasive pattern of illegal misconduct”. The claims, made in two filings to the Tokyo District Court, allege prosecutors colluded with Nissan and effectively subcontracted out their investigation to employees of the automaker who […]

UAE ranks first in regional fintech start-ups

Abu Dhabi: Fintech start-ups in the Mena (Middle East and North Africa) region have received $237 million in investments since 2015, accounting for 10 per cent of all venture investments in the region according to a newly released report. The data-driven report was compiled jointly between Abu Dhabi Global Market (ADGM) and MAGniTT, which revealed […]

Department of Energy showcases projects to transform Abu Dhabi’s energy sector at WETEX

Abu Dhabi: The Abu Dhabi Department of Energy, DoE — Diamond Sponsor of the 21st Water, Energy, Technology, and Environment Exhibition (WETEX 2019) — is set to showcase its initiatives for driving the transformation of Abu Dhabi’s energy sector as it takes part in the Green Week in Dubai. Aside from WETEX, the weeklong event […]

Etisalat Group reports Dh6.7 billion as net profit for the first nine months of 2019

Dubai: Etisalat Group today announced its consolidated financial statement for the nine months ending September 30. The telecom company also reported an aggregate subscriber base of 148 million; marking a year-on-year increase of 5 per cent. In the UAE, the subscriber base reached 12.4 million subscribers. The consolidated revenues for nine months reached Dh38.8 billion, while consolidated […]