Dubai: DP World said on Sunday it will soon be finalising agreements on the construction of a new port and economic zone in Dakar, Senegal. The project will support the economic growth of the west African country by developing the capital Dakar into a major logistics hub and gateway to west and north-west Africa. The […]
Mumbai: A company backed by one of the richest Indian tycoons raised $1 billion (Dh3.67 billion) in a dollar bond sale Wednesday, as growing appetite from foreigners gives local companies the best start for offshore issuance. Adani Electricity Mumbai Ltd., owned by billionaire Gautam Adani, priced ten-year bonds at a spread of 230 basis points […]
Riyadh: Saudi Aramco shares dropped for a fourth day, edging closer to the price they were listed at in December as the coronavirus reduces demand for oil. The giant oil producer lost as much as 1.8 per cent and was among the main contributors to the decline of the Tadawul All Shares Index in Riyadh. […]
SINGAPORE: More than 70 exhibitors including US aerospace giant Lockheed Martin have pulled out of the Singapore Airshow over concerns about the coronavirus outbreak, but organisers insisted on Sunday that Asia’s biggest aviation event would still go ahead. Precautionary measures — including a major reduction in public attendance and temperature screenings — have been imposed […]
… members reviewed the council’s activities and achievements over the last year, which include supporting UAE companies with and …
Establishing a in Bangladesh is very costly but the government has a role to play here. Providing IT facilities at the district level might …
Taipei: Foxconn will start manufacturing surgical face masks alongside Apple products at its Shenzhen factory, the world’s biggest contract electronics maker announced Thursday in response to the deadly novel coronavirus outbreak. “Face masks are now the standard equipment in our fight against the epidemic,” said Foxconn’s 1200 word statement on its official WeChat social media […]
The Chinese national expressed her thanks and appreciation to the UAE for the great care and medical attention she received.
ABU DHABI: The Federal Tax Authority (FTA) launched the “Basic Tax Information Bulletin” as part of its campaign for 2020, as it seeks to continue raising awareness about taxes and providing taxpayers with periodic and detailed tax information. In its first edition, the bulletin focuses on tax treatment for the education sector, including schools, pre-schools, […]
Abu Dhabi: A new round of production cuts by Opec+ could be in the offering, as the body looks to reverse the downward spiral in global oil prices resulting from China’s coronavirus outbreak, analysts say. Oil prices were down for the fifth straight week on Friday with Brent trading on $54.47 (Dh200) per barrel and […]