JAKART: Indonesia, Southeast Asia’s largest economy, posted slightly faster than forecast growth in the October-December quarter and its full-year 2018 expansion was the best in five years, supported by steady household spending. Gross domestic product (GDP) in the final quarter of 2018 expanded 5.18 per cent from a year earlier, compared with 5.11 per cent […]
Tesla Inc. is cutting the price of its Model 3 sedan for the second time this year, this time citing the end of a customer-referral program that was a more costly incentive than the company realized. All versions of the Model 3 will cost $1,100 less, lowering the starting price of the car to $42,900. […]
Total number of restaurants and cafes in Dubai reached 11,813 at the end of 2018, according to new report
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of More…
Top Swiss side FC Basel on Wednesday bought a 26 percent stake in Chennai City, becoming the first foreign side to buy More…
Tokyo: Japanese car giant Toyota slashed its full-year net profit forecast Wednesday after saying its nine-month figure had tumbled nearly 30 per cent as it was hit by investment losses. The firm’s senior managing officer Masayoshi Shirayanagi also told reporters there was no way to avoid a negative impact in the event of a no-deal […]
DUBAI: Bahrain-listed Investcorp posted a rise in first-half profit on Tuesday helped by higher fee income and said it had boosted its capital and liquidity position in the wake of challenging global markets. The private equity and alternative investment firm, best known outside the Middle East for listing luxury goods brands Gucci and Tiffany & […]
His Holiness Pope Francis, Head of the Catholic Church, reflected on his Journey to the United Arab Emirates, at his More…
The Ministry of Climate Change and Environment, MoCCAE, has issued the Ministerial Resolution No. 21 of 2019 on the use More…
The police took him to hospital, where a doctor who examined him concluded that his injuries were inconsistent with his account of events.