Dubai: Underlining the strong interest, among Indian businessmen, in the competitive business environment of Dubai, a recent report issued by the Business Registration & Licensing (BRL) sector in Dubai Economy shows that 64,360 active business licences have been issued to 246,737 Indian Business men to date. Together, these Indian companies have added 854,234 jobs to […]
Strong winds and high waves to hit UAE.
Riders can expect better connectivity between stations and urban attractions.
Dubai: The fifth edition of the Sharjah FDI Forum on Monday and Tuesday will host a panel discussion on the first day titled “The Future of Fintech (Banking & Finance) — Investing In Innovation and Sustainability of Digitalised Currencies and Capital Allocation”. A group of top-tier technology and finance experts, including Daniel Lam, regional director […]
Tashkent: Masdar, the clean energy development company based in Abu Dhabi, agreed to build a 100-megawatt photovoltaic power station in Uzbekistan’s Navoi region. Under the agreement signed on Friday in Tashkent, Masdar will invest up to $100 million in the project, the Uzbek Ministry of Investments and Foreign trade said in a statement. Masdar will […]
The UK’s sovereign credit rating was placed on negative outlook by Moody’s Investors Service, which said the country’s ability to set policy has weakened in the Brexit era along with its commitment to fiscal discipline. The rating company affirmed Britain’s Aa2 long-term issuer and senior unsecured ratings. The decision comes as the UK is in […]
New York: WeWork said on Friday it will divest from several side businesses and cut jobs as part of a 90-day plan to turn itself around following its botched attempt to sell stock on Wall Street. The office-sharing company will divest from five non-core businesses, including Meetup, the online community event organiser that WeWork bought […]
Tokyo: Honda Motor Co. cut its annual profit forecast as sluggish global vehicle demand and supply issues weigh on the Japanese carmaker, which unveiled a 100 billion yen ($915 million) share buy-back. Operating profit for the fiscal year ending March will be 690 billion yen instead of 770 billion yen, the company said in a […]
Dubai: Tickets to Dubai’s most anticipated Expo 2020 event will be sold by VFS Global, it was announced on Wednesday. While leisure travellers have to wait a little longer – early 2020 – to buy their tickets, VFS Global has already started sales of certain ticket packages. In Saudi Arabia, Seera Group, a travel services company, has […]
WASHINGTON: President Donald Trump on Friday told reporters he has not agreed to roll back tariffs on China but that Beijing would like him to do so. Officials from both countries on Thursday said China and the United States have agreed to roll back tariffs on each others’ goods in a “phase one” trade deal […]