Sheikh Hamdan announces economic stimulus package of Dh1.5 billion

Dubai: Under the directive of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Sheikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of Dubai Executive Council announced on Saturday that a new economic stimulus package of Dh1.5 billion has […]

India’s Mukesh Ambani is now richer than Warren Buffett

New Delhi: Mukesh Ambani has had a rollercoaster 2020, cutting a string of deals for his digital business, undergoing wild swings in his wealth and having his brother’s finances laid bare for the world to see. Now he can add another chapter – eclipsing the fortune of Warren Buffett. The chairman of Reliance Industries Ltd. […]

Ghosn’s alleged escape plotters denied bail by US Judges

New York: The father-and-son duo accused of helping former Nissan Motor Co. chief executive officer Carlos Ghosn flee criminal charges in Japan must remain in custody while they fight extradition after two U.S. judges denied them bail. Former Green Beret Michael Taylor and his son Peter were arrested in Massachusetts in May at the request […]