India shelves consumer spending report after leaked data shows slump

MUMBAI: India said Friday that it would not release a controversial report on shrinking consumer demand after a leading business daily leaked data showing that per capita spending had slumped for the first time in four decades. The report is bad news for Prime Minister Narendra Modi, who has struggled to revive India’s stuttering economy. […]

Dubai Airshow: $16 billion order from Emirates for 50 A350 XWBs announced

Dubai: Emirates, the world’s largest international airline, on Sunday announced a firm order for 50 A350-900 XWB aircraft worth $16 billion (Dh58.7 billion) at list prices at the Dubai Airshow 2019. Powered by Rolls-Royce Trent XWB engines, delivery of the first Emirates A350 XWB is expected in May 2023, and will continue until 2028. Sheikh Ahmed […]

Liberia is open for business

How do you describe the political and economic ties between Liberia and the UAE? It’s a relationship that’s growing from strength to strength. Since my last visit, there’s been several delegations from the UAE to Liberia exploring investment opportunities and other ways the country can help Liberia. Some of these missions are beginning to yield […]

Designing the right workplace wellness programme

During challenging economic periods, it’s unfortunate that employee wellness is often one of the first things to fall by the wayside. After all, if you’re a manager who has been asked to cut costs, it doesn’t seem like the ideal time to suggest a day out paintballing or a bimonthly team brunch. Instead, people are […]

Adnoc launches rig fleet expansion programme in support of its 2030 Smart Growth Strategy

Abu Dhabi: Adnoc Drilling announced on Thursday a major rig fleet expansion programme to support Adnoc’s upstream growth plans and enable the delivery of its 2030 Smart Growth Strategy. In the first phase of the wider expansion programme, Adnoc acquired, in November 2019, four technologically advanced and UAE-built land rigs with a total value of […]