UAE Government delegation meets Founder and Executive Chairman of WEF in Davos 2020

Davos: The UAE Government delegation to Davos 2020, concluded a coordination meeting with Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, WEF, in conjunction with the inauguration of its 50th annual meeting. The UAE-WEF meeting was attended by Sheikh Khalid Bin Mohamed Bin Zayed Al Nahyan, Chairman of the Executive Committee […]

DIFC saving plan expected to give workers say in how their funds are invested

Dubai: The latest law on creating a long-term savings plan for certain employees in Dubai is expected to give workers the ability to pick how their money gets invested through different risk profiles. The DIFC Employee Workplace Savings Plan (Dews) will come into effect from February 1 for the 24,000 employees based at Dubai International […]

Adnoc named UAE’s most valuable brand

Abu Dhabi: The Abu Dhabi National Oil Company (Adnoc) has been named the UAE’s most valuable brand for a second consecutive year by Brand Finance, the world’s leading brand valuation and strategy consultancy. Adnoc’s $11.39 billion (Dh41.83 billion) 2020 brand value, a 28.6 per cent increase over the previous year and a 145 per cent […]

MBRIF adds 11 start-ups to accelerator programme

Dubai: The Mohammed Bin Rashid Innovation Fund (MBRIF) announced on Wednesday the addition of 11 new members to the Fund’s accelerator programme. The new businesses, which come from four countries, will join 28 companies from around the world that had previously been selected for the programme. Eight of the new members are UAE-based businesses: Arnab, […]

Shaji Ul Mulk : The ‘Nawab’ of India who once fixed films on windows in UAE, but since accumulated wealth of over $2.7 billion

Dubai: Shaji Ul Mulk is a rebel and has been so since a child. He knows what he wants and he goes after it. READ MORE INSPIRING STORIES K.S. Parag: Indian national who lost his job becomes UAE millionaire Meet UAE-based Indian millionaire Mithesh Bhatia: From Dh5,000 to over Dh10 million turnover Now how many […]

Starbucks says hold the milk as it moves to cut carbon footprint

New York: To cut your morning coffee’s carbon footprint, skip the Frappuccino and take a plain black espresso. Adding whipped cream to millions of Starbucks Corp. drinks emits 50 times as much greenhouse gas as the company’s private jet. Overall, dairy products are the biggest source of carbon dioxide emissions across the coffee giant’s operations […]