Dubai: Dubai mutual trade with Brazil in 2018 made around Dh5.6 billion, with Dh5.2 billion in imports, Dh136 million in exports and Dh234 million in re-exports. According to statistics released by Dubai Customs in conjunction with the visit of the Brazilian President, Jair Bolsonaro to the UAE, trade with Brazil touched Dh3.6 billion in the […]
The CBUAE cut interest rates following the Fed’s decision to reduce rates by 25 basis points.
The quake’s epicentre was 33km northeast of Tulunan town in Cotabato province.
The potential AUS skypod run will serve both as a testing phase and a showcase of the transport system in the region.
Workers from the municipality worked round the clock to drain out the flooded water off the corniche.
RIYADH: Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, is leading the UAE’s delegation to the Future Investment Initiative (FII) which opened in Riyadh on Tuesday. Sheikh Abdullah and his accompanying delegation attended a number of the event’s panel sessions in the presence of heads of states and decision makers […]
Nissan Motor Co Ltd is likely to axe its Datsun brand, drop some unprofitable products and close a number of assembly lines worldwide as it seeks to boost profits by getting smaller, two company sources with direct knowledge of the matter said. Known internally as the “performance recovery plan”, the proposed steps mark a sharp […]
Have you ever wondered why the cost of unnecessary plant maintenance is sometimes as large as your entire plant profit? Running a business these days comes with its own unique challenges and there are many different elements that need to be managed simultaneously. Today, maintenance is one of the largest controllable expenditures in a plant. […]
Dubai Ports operator DP World Plc put its expansion plan in the UK on hold due to uncertainties over Brexit. “I have a deal to expand, but on hold until they decide,” Chairman Sultan Ahmed Bin Sulayem said in an interview with Bloomberg TV in Riyadh. “Because today if you go to any bank to […]
When it comes to innovative tech, few sectors provide as much opportunity for substantial change as transportation. The past few years have seen ride share companies such as Uber, Lyft and Careem embrace data science, with intelligent software providing a seamless user experience, revolutionising the way we move around our cities. We’re beginning to see […]