Dubai’s du dials up Dh824m in third-quarter 2020 net income

Dubai: A one-off gain from selling its stake in a data centre helped Dubai-based telecom operator du post Dh824 million in net income for the July to end September period. That compares with Dh381 million a year ago. Stripping off the Dh519 million benefit, du’s net income would be Dh305 million. Even then, that is […]

Abu Dhabi Department of Energy updates its list of violations and fines

Abu Dhabi: Abu Dhabi’s Department of Energy (DoE) has updated its list of violations and fines for companies operating in the emirate, with the new fines ranging from Dh2000 to a maximum of Dh10 million depending on the severity of the violation. The new measures apply to all licensed entities, service providers, real estate developers, […]

iPhone 12 Pro Max battery smaller than iPhone 11 Pro Max

San Francisco: Apple’s new iPhone 12 Pro Max is reportedly equipped with a less capacious battery than last year’s iPhone 11 Pro Max, the media reported. A filing with the Chinese Ministry of Industry and Information Technology’s Telecommunication Equipment Certification Center (TENAA) cites iPhone 12 Pro Max’s battery capacity as 3,687mAh. By comparison, iPhone 11 […]

A whopping 54% of global workforce fear their jobs will go next year, says World Economic Forum survey

Davos: More than half of workers around the world are worried about losing their jobs, according to a survey measuring labor-market insecurity wreaked by the coronavirus crisis. The poll of 12,430 people for the World Economic Forum showed 54 per cent of them are either “very concerned” or “somewhat concerned” that their employment will cease […]