Fugitive Malaysian 1MDB financier offered asylum: spokesperson

KUALA LUMPUR: A Malaysian financier wanted for his role in the multi-billion-dollar 1MDB financial scandal has been offered asylum abroad, his spokesman said Friday. The news came a day after US officials announced that Low Taek Jho had struck a settlement to forfeit assets worth $700 million, including a Beverly Hills hotel and a private […]

Dubai-listed courier company Aramex profits inch up 1% amid pricing pressure

Dubai: Aramex, the Dubai-listed courier company, on Thursday reported a 1 per cent increase in profits attributable to shareholders in the third quarter of 2019 as revenues inched up. The company recorded Dh113.7 million in profits in the quarter, bringing profits in the first nine months of this year to Dh344.9 million, up 3 per […]

UAE Minister of Economy Sultan bin Saeed Al Mansoori will be the keynote speaker at the Sharjah FDI Forum

Sharjah: The Sharjah Foreign Director Investment (FDI) Forum has announced Engineer Sultan Bin Saeed Al Mansoori, UAE Minister of Economy, as a keynote speaker at the inauguration ceremony of its 5th edition on November 11. More than 40 global and regional leaders are slated to address the event which is expected to see participation by […]