He also announced the launch of a Dh1 billion fund to support new economy companies.

Dubai: DP World has won another legal round against the Djibouti government over the Doraleh Container Terminal. A tribunal of the London Court of International Arbitration has ordered Djibouti to restore the rights and benefits under a 2006 Concession Agreement to DP World and Doraleh Container Terminal SA within two months. Or pay damages if […]

The father and the son, along with his brothers, were called to the police station.

Many buyers who were potentially on the fence regarding property purchase decisions have decided to enter the market.

Mumbai: Just two years ago, Prime Minister Narendra Modi was helming an economy expanding 8 per cent, spurring optimism India was on a path to become a major global growth driver. Now, stagflation looms as the economy grinds toward its slowest expansion in more than a decade and inflation spikes above the central bank’s target, […]

(Bloomberg): India’s consumer price inflation hit a more than five-year high, boosting the case for the central bank to keep interest rates on hold for longer and possibly putting at risk its accommodative stance. Data showed inflation breached the upper end of the Reserve Bank of India’s 2-6 per cent target band as it accelerated […]

UAE stock markets continued their rise for the second consecutive day, amid improvements in trading, with market More…

Individuals can now utilise their caravans for camping on Dubai’s beaches without incurring fees, Dubai Municipality More…

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, in his capacity as More…

Jakarta: The UAE will invest $22.8 billion in Indonesia through a sovereign wealth fund being set up by President Joko Widodo as the Southeast Asian nation seeks to finance billions of dollars of infrastructure and energy projects. The UAE plans to invest in building Indonesia’s new capital and also develop properties in Aceh province, the […]