Rome: Fiat Chrysler Automobiles NV said it’s in talks to obtain an Italian state-backed credit line of as much as 6.3 billion euros ($6.8 billion) to buttress the carmaker’s finances after the coronavirus caused a steep downturn. The company’s Italian unit is in discussions with Intesa Sanpaolo SpA as the lead lender, the company said […]
A round-up of major developments related to Covid-19 across the country.
Dubai: In collaboration with the Centre for the Fourth Industrial Revolution UAE and Dubai Future Foundation (DFF), the World Economic Forum (WEF) has released a comprehensive blockchain toolkit to offer businesses and organisations industry-tested solutions to the urgent issues impeding global supply chains, which have been exposed by the coronavirus (COVID-19) pandemic. The Redesigning Trust […]
As many as 14,482 Covid-19 infected people of different nationalities in UAE are still receiving proper treatment and medical care.
The park services will be restored in cooperation and coordination with the Municipality’s partners and stakeholders.
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE More…
The Dubai Municipality is continuing to carry out an intensive campaign to implement disinfection procedures in housing More…
The General Authority for Islamic Affairs and Endowments in Ras Al Khaimah said that Isha and Taraweeh prayers are More…
London: The pound is back to being the pariah of the currency world as renewed Brexit risks worsen the troubles of a market still reeling from the shock of the pandemic. Sterling fell a fifth day against the dollar on Friday after the latest negotiations between the UK and the European Union seemed set for […]
Detroit: Tesla has picked Austin, Texas, and Tulsa, Oklahoma, as finalists for its new US assembly plant, a person briefed on the matter said Friday. The person says company officials visited Tulsa in the past week and were shown two sites. It wasn’t clear if there were any other finalists in the mix. The person, […]