BEIRUT: Lebanon’s finance minister said on Tuesday there was no need for more delays or talks over the 2019 draft budget, seen as a vital test of the government’s will to reform, although the foreign minister signalled the debate may continue. The cabinet says the budget will reduce the deficit to 7.6 per cent of […]
PARIS: Finance Minister Bruno Le Maire said a decision by France regarding the 5G telecoms network would be based on security and performance of networks, and added that Paris would not rule out a specific operator as not being welcome. Last week, French President Emmanuel Macron said it was not the aim of France to […]
It is believed that the first beneficiary of this game-changing initiative will be existing businessmen.
The businessmen told Khaleej Times that the GDRFA called them to convey the news.
Dubai: Juul Labs, the US company behind the popular e-cigarette device, has said that it is weighing up an expansion in the Middle East. The UAE’s government said in February that it was looking at legalizing the vaping devices. “We are evaluating markets across the Middle East,” the company told Gulf News in an emailed […]
New York: Go inside the global economy with Stephanie Flanders in her new podcast, Stephanomics. Subscribe via Pocket Cast or iTunes. The escalation of the US-China trade war adds to risks for an already-stumbling global economy, denting expectations of a stronger second half to the year. Should US tariff measures announced this month and the […]
New York: The US-China trade war will continue to dominate the world economy’s headlines next week as President Donald Trump and President Xi Jinping go toe to toe. Their clash is casting a pall over the world economy as investors, businesses and consumers risk retrenching until the outlook is clearer. “Darkening trade war clouds loom […]
Dubai: British celebrity chef Jamie Oliver’s restaurant in Dubai will be unaffected by the collapse of the chain’s UK business, according to the outlet’s manager. Given that Oliver’s restaurants outside of the UK operate on a franchise agreement, they will not enter administration along with the firm’s 25 sites in the UK, according to the […]
PARIS: The OECD on Tuesday cut its forecast for the world economy, urging governments to resolve their trade disputes as the latest flare-up in the China-US trade war threatens to crimp global growth. “Governments must act urgently to reinvigorate growth that benefits all,” the Organisation for Economic Co-operation and Development said as it pared back […]
The businessmen told Khaleej Times that the GDRFA called them to convey the news.