London: UK government debt rose above 100 per cent of gross domestic product in May for the first time since 1963, reflecting a precipitous drop in economic output and a surge in spending to counter the fallout from the coronavirus pandemic. Borrowing increased by more than 100 billion pounds ($124 billion) in the two months to […]
An engineer on duty had told him to keep quiet as there were no witnesses.
Riyadh: Saudi Arabia missed its $10 billion target for foreign direct investment by more than half last year, as damage from the coronavirus pandemic and low oil prices now threatens to throw plans further off track. According to a report by the United Nations Conference on Trade and Development, FDI inflows reached $4.6 billion in […]
Pakistan launches online platform to assist expatriates who lost jobs.
His vehicle apparently got stuck in the desert and he is said to have died due to lack of food and water supplies.
The authorities urged the public to avoid social gatherings and follow social distancing guidelines.
Mumbai: Reliance Industries has become net debt-free ahead of its March 2021 target. The energy-to-telecom conglomerate raised more than 1.75 trillion rupees ($23 billion) through new investments into its digital assets unit, rights issue of shares and a stake sale to BP Plc, Reliance Industries said in an exchange filing Friday. Its net debt was […]
Dubai: Everyone’s still tuning in. Or nearly everyone. Web streaming portals are yet to see a sudden and sharp drop in viewer numbers, or in the number of minutes they consume on programming, as offices and other commercial activity in the UAE gradually head back to pre-COVID-19 levels. And whatever dip is happening is something streaming […]
Sunbathers, fitness and wellness enthusiasts back at beaches under social distancing rules.