It is the second juvenile whale shark that has been spotted in the UAE waters in the recent past.
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The global tally of Covid-19 infections has crossed the 50 million mark.
The global tally of Covid-19 infections has crossed the 50 million mark.
ANALYSIS-Dealmakers see divided U.S. government favoring mergers and acquisitions NEW YORK/LONDON: Joe Biden’s projected win of the U.S. presidency and the Republican Party potentially retaining control of the U.S. Senate could drive a pickup in mergers and acquisitions (M&A) that took a hit amid the COVID-19 pandemic, dealmakers said. Bankers and lawyers who advise companies […]
Car sales fell in Europe’s four largest auto markets last month, signaling demand has relapsed in the midst of another wave of the coronavirus cases hitting the region. German new-car registrations dropped 3.6% in October from a year ago, the country’s Federal Motor Transport Authority said Wednesday. Sales plunged by more than a fifth in […]
Business News
First passengers get a feel of super-speed hyperloop services, which can touch up to 1,000 km/h
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Dubai: The first live tests on a ‘hyperloop’ transportation with passengers on board has been completed. Virgin Hyperloop, in which Dubai’s DP World is a major shareholder, did the passenger-on-board test at its Nevada base. Hyperloop is dubbed as the next phase of public transportation and could, conceivably, allow travel between Dubai and Abu Dhabi […]
Dubai: Dubai Startup Hub recorded a 236 percent year-over-year surge in membership during the first half of 2020. Membership in the Dubai Chamber of Commerce and Industry initiative reached 1,568 in H1-2020, compared to 466 in the same period last year. UAE nationals accounted for a quarter of all Dubai Startup Hub beneficiaries, with 30 […]
The test took place at Virgin Hyperloop’s 500-metre DevLoop test site in Las Vegas.
Dubai: Private sector activity in Dubai dropped to its lowest point in five months during October, hampering economic recovery from the pandemic strike. More worryingly, the shedding of jobs “quickened” compared to September, says the latest update from IHS Markit. “Businesses also showed weaker optimism towards economic recovery, amind reports of weak demand and uncertainty about […]
Biden geared up to name the scientists who will lead the country’s response to its disastrous outbreak.