Is India’s failing economy and job crisis pushing the country to civil strife?

India is an old civilisation but a young nation. It is a country with a more young population than any other country in the world. By 2022, the median age in India is going to be 28 years as compared to 37 years in China and the US, its perceived main competitors to lead the […]

China vows continued support for Hong Kong as financial hub

China’s banking regulator pledged its backing for Hong Kong as a finance hub and reiterated a commitment to opening up the Chinese financial sector amid a deepening standoff with the U.S. China will provide support for its financial institutions who are doing business in Hong Kong while complying with regulations and offering services to residents […]

Saudi Arabia issues first sound trademark certificate

Abu Dhabi: The first sound trademark certificate to retain property rights has been issued in Saudi Arabia, as the Kingdom seeks to improve the regulation of trademarks for better business practices, local media reported. The Saudi Authority for Intellectual Property (SAIP) issued the certificate to the Saudi Telecom Co. in accordance with the trademark law […]

UAE grocery savings at your fingertips

In these times of economic uncertainty, with large numbers of UAE residents facing salary cuts and redundancies, many of us are cutting back on non-essentials and reigning in our spending. Whether it’s fewer trips to restaurants or tightening our fashion budgets, these are increasingly frugal times. One area where we can’t avoid spending though is groceries. But […]

Gold fever in 2020 means exchange-traded funds

In the 19th century California gold rush, the surest way to a fortune, according to Mark Twain, was to be in the “pick and shovel business.” If 2020 gold fever has an equivalent, it’s the ETF business. Exchange-traded funds backed by physical gold and silver accumulated more than $50 billion of bullion this year. ETFs […]

COVID-19: Kuwait airport witnessing ‘normal and successful traffic’, says Al Otaibi

Cairo: A total of 42,410 passengers, including 28,414 departing travellers, have used Kuwait airport since its reopening for commercial flights on August 1, a Kuwaiti aviation official has said. The travellers have been transported on 534 flights, including 285 for departure from Kuwait, Saad Al Otaibi, the spokesman for Kuwait’s Directorate General of Civil Aviation […]

Economic data points to pause in US recovery as aid programmes expire

Washington: America’s economic recovery is in an uneasy pause, with key indicators of hiring, shopping and investment stalling or in retreat in the wake of a resurgence in coronavirus cases across broad sections of the country, and with Congress and President Donald Trump showing no signs of progress on another stimulus deal. Real-time measures of […]