More world cities are taking the congestion pricing route

Traffic is a headache, and not just for drivers. Jammed roads have become an increasing economic, health and environmental menace to societies, contributing every year to millions of premature deaths and costing vast sums in lost productivity (an estimated $87 billion in the U.S. alone). To policy makers, that’s raised the allure of an option […]

UAE’s private sector job losses are slowing down, but worries persist, says IHS Markit

Dubai: UAE’s private sector continues to be weighed down by cashflow issues, which is forcing businesses to bring further cuts to their workforces. But the pace of job cuts has slowed down compared to the heavy numbers posted immediately after the pandemic spread and commercial activity went into lockdown mode. This signals a “weak outlook […]

Japan’s Sony and Kioxia seeking US approval to supply to Huawei

Tokyo: Japan’s Sony Corp and memory chipmaker Kioxia Holdings Corp have applied for US approval to continue supplying Huawei Technologies Co Ltd , Nikkei reported on Sunday. If confirmed, the move follows other tech companies such as Intel Corp that recently received licences from US authorities. See more In Pictures: Dubai’s Harbour Marina welcomes first yachts […]

Oman Insurance leads from the front as the insurer of choice

Only a handful of names come to mind when people think reliable insurance in the UAE. But with 45 years of expertise, Oman Insurance is always the top choice be it insurance for life, health, cars or properties. With more than 830,000 individual and corporate clients in the UAE, Oman Insurance has a very loyal […]