Bill Gates calls India’s digital finance approach a global model

Tech pioneer Bill Gates praised India’s policies for financial innovation and inclusion, saying his philanthropic foundation is working with other countries to roll out open-source technologies modeled on the country’s implementation. India has built ambitious platforms for universal identification and digital payments, including the world’s largest biometric database and a system for sending rupees between […]

Lebanese government to keep bread subsidy, pledges to come up with plan

Beirut: Lebanon’s caretaker government agreed on Tuesday that subsidies on bread and essential medicine should be kept, as the country’s financial meltdown sends poverty and inflation soaring. At a meeting on subsidy rationing with the central bank governor and an advisor to the president, ministers pledged to draft a plan within a week that would […]

UAE success stories in 2020: Meet these women entrepreneurs

Dubai: This year was challenging for many people; it was a year of lockdowns and the fear that comes with a pandemic. It changed lives and perspectives. It also took a chunk out of many livelihoods. However for these UAE-based women, 2020 also brought possibility and opportunity and as a result made their dream – of […]

Changes in UAE Companies Law will enhance ease of doing business, says Al Qamzi

Dubai: The recent amendments to the Commercial Companies Law in the UAE will have far-reaching impact on the flow and quality of foreign and domestic investments as well as overall economic growth of the country, said Sami Al Qamzi, Director General of Dubai Economy. The UAE Commercial Companies Law of 2015 amended recently by a […]

Container shortage threatens India’s nascent export revival

Mumbai: A recent revival in Indian exports is under threat because there aren’t enough shipping containers to get the goods across the sea. Shipments of certain goods, especially sales of packaged foods, had surged in recent months as more people eat at home during lockdowns, boosting expectations of a busy Christmas season. But the global […]

Dubai real estate market on the rebound, say realtors

Realtor Harry Tregoning has had a busy week, with more phone calls and show-arounds than has been the norm this year. “Fair to say we’ve had increased interest in apartments in Dubai over the past weeks,” he says. “The villa market, in particular, is pretty busy, and it’s difficult to find villas in some areas, […]