There were 2,829 new confirmed cases in China on Monday.

Dubai: January delivered a hefty slice of volatility for oil and global energy stocks as the spreading coronavirus shocked investors. But in Riyadh, shares in Saudi Aramco followed a different narrative in their first full month of trading. The stock weathered the month — marked by the US killing of an Iranian general and then […]

Abu Dhabi: The board of twofour54 Abu Dhabi on Sunday announced that Michael Garin has been appointed as the group’s new chief executive officer. Garin, who has more than 50 years’ experience as a media executive, comes from Image Nation Abu Dhabi, the award-winning film and entertainment company. Among his responsibilities as CEO has been […]

WeWork plans to name Sandeep Mathrani as its new chief executive, according to a person familiar with the matter. Mathrani, who was previously was chief executive of Brookfield Property Partners’ retail group, will replace Artie Minson and Sebastian Gunningham. The duo has served as co-CEOs of WeWork parent We Co. since Adam Neumann stepped down […]

Abu Dhabi: Oil prices will remain under strain as the economic fallout from the coronavirus outbreak in China continues to take its toll, analysts say. Prices on Friday ended on a fourth straight weekly loss, with Brent closing on $56.62 (Dh207)and West Texas Intermediate (WTI) at $51.56. The steep decline in prices has led to […]

The Cabinet had last year adopted a decision to appoint Emiratis aged below 30 years to the boards of government entities.

There were 2,829 new confirmed cases nationally on Monday.

Dubai: Accor, the hospitality company operating hotels across the world, announced on Sunday it has taken over the operations of two hotels in Dubai. The takeover comes as Accor signed a partnership with Dubai Developments that will allow it to manage the Movenpick Grand Al Bustan by Dubai Airport, as well as Swissotel and Swissotel […]

Dubai: Government of India on Sunday, through its Public Information Bureau (PIB) has clarified that bonafide non-resident Indian professionals and businessmen will not be taxed on their overseas income under the new tax proposals in the Budget 2020-21. The Finance Bill, 2020 has proposed that an Indian citizen shall be deemed to be resident in […]

Dubai: The two most important members of Opec+ are split on whether the slump in oil prices triggered by the virus outbreak in China requires an urgent response. Saudi Arabia is pushing to convene an emergency meeting of the cartel next month, bringing forward a scheduled discussion of oil-supply policy from March, said delegates from […]