If elected, the UAE will win the ‘Arab seat’ in the 15-nation Security Council by replacing Tunisia.

With 12 points from six matches, the second-placed UAE currently trail group leaders Vietnam by two points

Dubai: Dubai’s non-oil private sector economy continued to expand in May, latest Purchasing Managers’ Index (PMI) data showed. Although the rate of growth cooled off from April’s robust level, output and new business continued to grow. The headline IHS Markit Dubai PMI, after posting a 17-month high of 53.5 in April, fell back to 51.6 […]

Mumbai: India’s bankruptcy court has allowed billionaire Anil Agarwal’s Twin Star Technologies to takeover Videocon Industries Ltd. Videocon’s shares will be delisted as part of the plan submitted in December, the company told the stock exchange late Tuesday. Twin Star, a part of Agarwal’s Vedanta Group, will pay about 30 billion rupees ($410 million) to […]

Abu Dhabi: Hub71, Abu Dhabi’s global tech ecosystem, and the Abu Dhabi Investment Office (ADIO) have partnered to support early-stage tech startups in growing their teams and scaling their businesses. The partnership complements Hub71’s new programme, ‘The Outliers’, enabling startups from around the world to collaborate with leading corporations and government agencies in Abu Dhabi […]

In mid-2014, Satya Nadella, who had just become the chief executive of Microsoft, ushered the heads of the company’s gaming division into his fifth-floor office in Redmond, Washington. The executives wanted Nadella to write a $2.5 billion check to buy Mojang, a Swedish company that produced a blocky, pixelated game called Minecraft. Nadella asked why […]

The Hotelware Group has announced that it is entering the UAE’s burgeoning Hygiene and FMCG sector by offering customized wet wipes in various applications to the corporates and individuals of the United Arab Emirates. The Hotelware group is headquartered with its manufacturing facilities in Cyprus and Greece. After being popular in most European territories, it […]

Facebook Inc. said it will let all employees work remotely even after the pandemic if their jobs can be done out of an office, but may reduce their pay if they move to a less-expensive area. Starting June 15, any Facebook employee can request to work from home, the Menlo Park, California-based company said Wednesday […]