Tea exports from India, the world’s second-biggest producer, may shrivel this year as a bumper crop in Kenya raises the risk of oversupply. Shipments could drop by 8 million to 10 million kilograms in the year through March from a record of 256.57 million in 2017-18 as Kenya’s output is likely to rise by as […]
Dubai: America is in no moral position to criticise Saudi Arabia, according to financier and key Trump backer Tom Barrack. Speaking on stage at the Milken Institute MENA Summit in Abu Dhabi on Tuesday, Barrack was asked by CNN’s Becky Anderson about the reputational damage to Saudi Arabia over the Jamal Khashoggi killing. In response, […]
Abu Dhabi: Mubadala Investment Company, one of the biggest sovereign wealth funds in the world is looking at investing in new sectors such as technology, agribusiness and biotechnology to boost growth, its chief executive officer said in Abu Dhabi on Tuesday. “From being a traditional investor, we have grown over the years by opening up […]
Nissan Motor Co took an $83 million (Dh304.8 million) charge related to the compensation of jailed former Chairman Carlos Ghosn as the Japanese automaker reeling from the shock arrest of the iconic executive warned of its lowest profit in six years. Japan’s third-largest automaker by market value slashed its operating profit forecast to 450 billion […]
NEW DELHI/ISLAMABAD: Saudi Arabia’s Crown Prince Mohammad Bin Salman is expected to announce investments in energy and infrastructure during a visit to India and Pakistan in coming days. The prince, known as MBS, is also expected to visit China, Malaysia and Indonesia during a tour that will be his first through the region since the […]
Dubai: In his State of the Union address of February 5, President Donald Trump said that the United States was considered to have the “hottest economy anywhere in the world.” So the question many have begun asking is, what next? “I have no idea where we are,” said Tom Barrack, CEO of Colony Capital, adding: […]
Hilary Duff has adopted a baby Alpaca and has revealed her family may turn into “farm people” in the future. Photo: More…
George Clooney has spoken out to defend the Duchess of Sussex and warned about the dangers of her being “pursued and More…
The UAE Chapter of the Make-A-Wish Foundation held its second event to fulfil the wishes of 100 children with serious More…
The Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, viewed some More…