Reliance will bear full cost of COVID-19 vaccination for employees and families: Nita Ambani

New Delhi: Reliance Industries Limited (RIL) will bear the full cost of COVID-19 vaccination for its employees and their families. Nita Mukesh Ambani, Founder and Chairperson, Reliance Foundation in a letter to members of the Reliance family said, “In our Reliance Family Day 2020 message, Mukesh and I had personally assured you that as soon […]

Reddit takes step toward IPO, names Vollero first CFO

Reddit Inc., one of the world’s most popular internet forums, appointed Drew Vollero as its first chief financial officer, taking a step closer toward an initial public offering. Vollero led Snap Inc.’s IPO preparations when he served as CFO at the social media company from 2015 to 2018. He has also lead finances for Mattel […]

Digital payment transactions in the UAE touch $18.50 billion in 2020

Dubai: The total value of digital payment transactions in the UAE during 2020 reached $18.50 billion and indicated that the average time an individual spends on the Internet in the UAE is 7 hours and 24 minutes a day, according to data insights by the World Digital Report 202. The report published by We Are […]

The Arabian Luxury Group (TALG) joins the list of certified business incubators

Dubai: Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, announced that The Arabian Luxury Group (TALG) has joining the list of approved business incubators under the umbrella of the Dubai Business Incubator Network (DBIN). The incubator aims to create and develop its own luxury brands, in addition […]

Indonesia signs framework agreement with World Logistics Passport

Dubai: Indonesia has signed a formal framework agreement with the World Logistics Passport (WLP), a major initiative to increase trading opportunities between emerging markets. Having become the first South-East Asian nation to join the programme following the registration of the Indonesia National Shippers’ Council, the latest agreement marks a major step forward in Indonesia’s implementation […]