Sri Lanka should seize the opportunity of EXPO 2020 Dubai

First let me give you an introduction to the Sri Lankan Business Council, which is licensed under the Dubai Chamber. We are one of the oldest business councils in Dubai having been established 28 years ago. Unfortunately, though the UAE has been one of Sri Lanka’s main trading partners for a very long time, we […]

COVID-19: Dubai Tourism clarifies new rules for Dubai tourists, hotels

Dubai: The introduction of a new set of precautionary measures in Dubai was prompted by a spate of recent violations, necessitating a preventative approach for hotels with high occupancy to avoid their recurrence, a top official has revealed to Gulf News. In an exclusive interview on Thursday, Ahmad Al Falasi, CEO, Corporate Services and Investment, […]

Celebrating a new era of collaboration between Israel and the UAE

Could you elaborate a bit on the Israel Export Institute’s profile and activities? The Israel Export Institute (IEI) is the first, public-private, not for profit organisation that was set up by the government of Israel 62 years ago, realising that the economic relationship would be more important in order to create sustainable relationships. Diplomacy is […]

Elon effect: Musk’s banter with Robinhood CEO triggers stampede for Clubhouse app

A surprise chat between tech billionaire Elon Musk and Robinhood CEO Vlad Tenev on new audio-based social network Clubhouse has helped propel the app to the top of the startup charts and sparked a scramble for invitations to the exclusive service. The interaction between the two entrepreneurs on the platform on Sunday came amid intense […]

India budget 2021-22: All you need to know

India will look beyond fiscal deficits to get the economy back on its feet. That’s the message conveyed by Finance Minister Nirmala Sitharaman in the annual budget for 2021-22, presented on Monday (February 1, 2021). India’s spending plan aims to jumpstart the economy that has been going through a protracted slump in 2020-21 fiscal year […]

Google: Alphabet shares jump as ad, Cloud sales soar amid pandemic

Google parent Alphabet Inc on Tuesday reported record revenue for the second straight quarter despite the pandemic, driving shares up 6 per cent as it topped estimates for both advertising and Cloud sales as customers unleashed budgets for the holidays. Cutbacks by travel and entertainment advertisers in 2020 were nearly made up as the year […]