New Delhi: Listed Indian companies that have defaulted on some debt owe banks and financial institutions a total $25 billion (Dh91 billion), the first insight for investors into the extent of the problem after tighter rules forced the firms to come clean. About 72 companies, from conglomerates helmed by fallen billionaires to smaller businesses, have […]
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Forecasts of heavy rain offered hope Tuesday in the months-long battle to contain Australia’s unprecedented bushfires, More…
Dubai: The new sultan of Oman is set to face a difficult trade-off in the coming months between addressing social concerns and fiscal pressures, according to the latest report from S&P Global Ratings. After Sultan Qaboos Bin Said of Oman died late on Friday, the sultanate announced that he would be succeeded by Haitham Bin […]
Abu Dhabi Power Corporation, ADPower, and Abu Dhabi National Energy Company, TAQA, today announced the signing of a More…
Anushka Sharma is all set to play the role of Jhulan Goswami in an upcoming biopic on the feisty Indian woman cricketer More…
H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Silicon Oasis Authority, DSOA, today laid the foundation More…
Queen Elizabeth II is “entirely supportive” of Prince Harry and Meghan, Duchess of Sussex, amid their decision to step More…
Two first-half goals from Khalifa Al Hammadi and Zayed Al Ameri helped the United Arab Emirates cruise to a 2-0 victory More…
Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, His Highness Sheikh Mohamed bin Zayed More…