Mubadala, which is doing due diligence, could invest between $500 million and $1 billion in the latest offering

The steepest rise in the number of coronavirus cases should shake us out of the complacency we have fallen into.

Dubai: Saudi Arabia’s economy shrank by 7% in the second quarter, a sign of how deeply the new coronavirus hit both the oil and non-oil sectors, official data showed on Wednesday. The world’s largest oil exporter is facing a deep recession after the COVID-19 pandemic curbed global crude demand and measures to contain the coronavirus […]

More than 9.6 million Covid-19 tests have been carried out in the country so far.

Arabtec posted a Dh774.5 million net loss in 2019, citing weaker income from its construction business amid tighter liquidity in the sector.

A detailed set of guidelines has been rolled out for the nurseries, and parents are also reminded to keep the health of their children in check.

Orlando: Squeezed by limits on attendance at its theme parks and other restrictions due to the pandemic, The Walt Disney Co. said Tuesday it planned to lay off 28,000 workers in its parks division in California and Florida. Two-thirds of the planned layoffs involve part-time workers but they ranged from salaried employees to hourly workers, […]

Sheikh Nawaf was sworn in at the National Assembly in Kuwait City.