Did you know? Women worry less than men when buying a car

Women, apparently, are way more relaxed about buying a car online than men. According to a recent analysis by a British online-only car vendor, men are three times more likely than women to report feeling ‘wary’ of buying a car without seeing it first. And the study also shows that apart from being more relaxed […]

Abu Dhabi’s ADQ launches healthcare procurement platform ‘Rafed’

Abu Dhabi: The Abu Dhabi based ADQ has launched ‘Rafed’, a group purchasing organization (GPO) to manage the procurement of healthcare-related products and services. Rafed will initially be responsible for the primary procurement needs of Abu Dhabi Health Services Company (SEHA), which include supplier sourcing, procurement ordering, warehousing, and distribution. Going forward, it will also aim to […]

Kuwait wants to lower public debt ceiling to 10 billion dinars

Kuwait City: Kuwait’s government will study an idea to lower by half the ceiling on public debt as part of proposed amendments to a law it’s struggled to push through parliament, Finance Minister Barak Al-Sheetan said. The finance and economic committee has also suggested reducing the period for borrowing, Al-Sheetan said. The panel has proposed […]

India’s top court approves 10-year rescue plan for telcos

New Delhi: India’s top court approved a 10-year payment plan for telecom companies to clear combined back-fees worth 1.4 trillion rupees ($19 billion), a ruling that may give cash strapped Vodafone Idea Ltd. some room to maneuver. The Supreme Court on Tuesday rejected the 20-year payment timeline as proposed by Prime Minister Narendra Modi’s administration […]