Madrid: Spain is embarking on a major economic experiment: A 22 per cent jump in the minimum wage that’s ignited a high-stakes debate about how it will impact the economy. The Socialist government says the increase will bolster spending and hiring, giving legs to Spain’s expansion. But opposition lawmakers and wary business executives say any additional […]

New Delhi: The government in Yemen hopes to scale up its crude production to 110,000 barrels per day (bpd) in 2019, with exports touching about 75,000 bpd, its oil minister told journalists on Sunday. The government of Abd Rabbo Mansour Hadi controls the southern port city of Aden and areas holding Yemen’s oil-and-gas fields. The Iranian-aligned […]

Business is brisk at Nim’s Fruit Crisps. Pineapples are imported from Costa Rica, kiwis from Italy and oranges and lemons from Spain. They’re then turned into healthy snacks for export to South Africa, Hong Kong and elsewhere. You wouldn’t know that the company in southeast England is already about to head into the post-Brexit world […]

Reduction to 3% and 5% in affordable and in other categories to be a big boon to buyers.

As many as 80% of people suffer from stress in the UAE, according to a study cited during a panel discussion Dr Oz was participating in at the Summit.

The PwC report also urged governments to ‘support and empower’ its young people to lead data economies by engaging them through participatory tools

Khan and Lagarde also discussed recent economic developments and prospects for Pakistan.

Khan is in Dubai on the invitation of Sheikh Mohammed.

The spontaneous gesture of brotherly love was captured on camera.

In January, Saad Hariri awarded the portfolio of Ministry of Interior to Rayya Al Hassan, the first time a woman has held the role in the Arab World.