Abu Dhabi: Abu Dhabi Ports announced plans to invest Dh3.8 billion ($1.03 billion) in expanding Khalifa Port to meet the growing demands of current and future clients. The expansion plan aims to increase the terminal capacity of the most development and fast growing port in the region and the world, in a move that aims […]
The Philippines will no longer target economic growth as high as 8 per cent by the time President Rodrigo Duterte steps down in 2022, according to his economic managers. The annual expansion goal is now as high as 7.5 per cent for 2020-2022, according to the Development Budget Coordination Committee, which is led by Budget […]
MANILA: The Asian Development Bank (ADB) said on Wednesday it has lowered its growth forecasts for developing Asia this year and the next, as a weaker outlook for China and India indicated softer economic activity elsewhere in the region. The bank trimmed its growth forecast for developing Asia to 5.2 per cent in 2019 and […]
Riyadh: Saudi Arabia’s oil company Aramco is listed and started trading on the Saudi Tadawul stock exchange on Wednesday for the first time after a mammoth $25.6 billion initial public offering that set the record as the biggest ever in history. The state-owned company had announced a sale of 1.5% of its shares at 32 […]
Washington: US President Donald Trump has days to decide whether to impose tariffs on nearly $160 billion in Chinese consumer goods just weeks before Christmas, a move that could be unwelcome in both the United States and China. The White House’s top economic and trade advisers, including Trade Representative Robert Lighthizer, Larry Kudlow, Peter Navarro, […]
Dubai: The third high-profile Doing Business Technical Deep Dive kicked off in Dubai on Tuesday, hosted by the Federal Competitiveness and Statistics Authority (FCA) in coordination with the Ministry of Finance. The event organised by the World Bank Group, with the support of the UAE’s FCA is scheduled to take place over the course of […]
The case has been referred to the public prosecution.
Under this license, AstroLabs operates a premier co-working space, capability building learning academy, and services. AstroLabs …
The case has been referred to the public prosecution.
Dubai: Middle East businesses are facing a trust deficit… and it has reached alarming levels. As much as 69 per cent of Middle East respondents in a new study by Ford Motor Co. say it’s becoming even more difficult to “trust” what companies say and do. And here’s the most worrying part for businesses – […]