Dubai: The Dubai- and Abu Dhabi-government owned Ducab has set up a separate company to handle all of its copper and aluminum rod manufacturing and trading interests. The new entity, DMB (Ducab Metals Business), has an installed capacity for 175,000 tonnes of copper rods a year, conservatively valued at $1 billion, and of 50,000 tonnes […]
The decision was taken after the WHO declared the coronavirus a global health emergency.
Twitter Inc. is “strongly encouraging” all of its nearly 5,000 global employees to work from home due to concerns over the spread of the COVID-19 coronavirus, the company said Monday. The social media company made the suggestion as part of a blog update one day after it suspended all non-critical travel for employees, including pulling […]
Among the countries with high infection counts are China, Hong Kong, South Korea, Iran, Japan, Singapore or Italy.
The rupee had closed at 19.82 vs the dirham yesterday.
Abu Dhabi: The UAE ruled out any increase the value added tax (VAT to be accordance with recent IMF recommendations. “We are not concerned about the recommendations to increase the value-added tax,” the UAE’s Minister of State for Financial Affairs, Obaid Al Tayer, told Gulf News. The International Monetary Fund had recommended a doubling of […]
The Cabinet reviewed all procedures and mechanisms, as well as the robust and thorough prevention and public awareness plans being carried out.
Airport authorities are also carrying out strict measures such as non-intrusive thermal screening for all passengers.
Manrre Logistics Fund, a private Dubai-based investment company, today placed its shares into Nasdaq Dubai’s share More…
UAE Minister of State Zaki Nusseibeh has received the Spanish Ministry of Foreign Affairs Director-General for the More…