US jobless claims keep dropping, but fears another spike

Washington: Applications for unemployment benefits in the US declined last week by more than projected, easing concerns of a renewed downturn in the labor market after several large states reported a pickup in coronavirus cases. Initial jobless claims in regular state programmes fell by 99,000 to 1.31 million in the week ended July 4, Labor Department […]

Dubai SME provides Dh170m worth incentives and services

Dubai: The past year saw 3,871 Emirati entrepreneurs benefit from the start-up advisory services of Dubai SME, with nearly Dh170 million of exemptions and incentives to launch and grow businesses in diverse sectors. Overall, local entrepreneurs received over Dh630 million worth of incentives and support from Dubai SME since its inception in 2002. The total […]

Saudi leadership spurs optimism towards it taking WTO helm

Abu Dhabi: On Wednesday Saudi Arabia put forward the credentials of Mohammed Al Tuwaijri for the position of the next director-general of WTO. The current WTO chief Roberto AzevĂŞdo is stepping down on August 31. Shortly after the nomination period closes, candidates will be invited to meet with members at a special WTO’s General Council […]

App way is apt way: Oman residents increasingly shifting to online shopping

Muscat: In Oman, the new normal at many homes today in refilling kitchen provision requirement seems to be online shopping. Most of our respondents professed their keenness to shop online or through apps, for their replenishment of vegetables and groceries. The ease of selection, less human contact, lesser time consumption and freedom from the stress […]