Candidates united to declare the president must be defeated at the 2020 ballot box.
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The weather is expected to be fair to partly cloudy with a probability of convective clouds formation.
ABU DHABI: Abu Dhabi recorded non-oil foreign trade of Dh154.4 billion, a decrease of 8.8 per cent year-to-date from Dh169.3 billion in the corresponding period last year, according to Statistics Centre — Abu Dhabi, SCAD, data. According to a SCAD report released today, the decrease was a result of a 12.7 per cent decline in […]
‘This is a very complicated time in the history of the US.’
Tokyo: Volvo Group agreed to sell its UD Trucks unit to Isuzu Motors Ltd. for about $2.3 billion and announced plans to forge a strategic alliance with its Japanese rival, the latest sign of consolidation in the global automotive industry. UD Trucks, based in Saitama, Japan, used to be part of Nissan Motor Co. before […]
Abu Dhabi: Abu Dhabi Developmental Holding Company (ADDH) on Tuesday announced an investment of €100 million (Dh409 million) in one of Europe’s leading tour operators, FTI Group, as the new agreement looks to increase Abu Dhabi’s tourism numbers from some of Europe’s key markets. “Our strategic partnership with FTI Group reflects our wider commitment, in […]
Dubai: The Investment Corporation of Dubai (ICD), which owns companies such as Emirates, flydubai, and Emirates NBD, reported on Thursday a 4.4 per cent increase in its net profit for the first half of 2019 to Dh10.5 billion. The company, the investment arm of the Government of Dubai, said in a statement that the rise […]
Business News
Amit Sethi: UAE-based millionaire started out selling food packets in Deira and Bur Dubai
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Dubai: “There are no elevators to success, you must take the staircase,” says Amit Sethi. Who better than this multi-millionaire businessman in Dubai to say this, considering he once walked from Deira to Bur Dubai selling food packets door to door. It is another thing that today, Sethi, just 43, rides a Rolls-Royce, lives in […]
Indian asset managers’ shares are trouncing global peers this year as domestic money managers benefit from the tectonic shift in savings from gold and real estate to stocks and bonds. Reliance Nippon Life Asset Management Ltd. and HDFC Asset Management Co., whose shares have more than doubled in 2019, are the third- and fourth-best performers […]
New York: Oil hovered near $61 a barrel for a second day after capping its longest streak of gains in almost two months as traders weighed bearish signs of swelling U.S. fuel inventories against a surprise decline in domestic crude stockpiles. Futures in New York were little changed, after dipping less than 0.1 per cent […]