Paris: French Finance Minister Bruno Le Maire said there are no plans “on the table” to change the Renault SA and Nissan Motor Co. alliance after Nikkei reported that the government is proposing an integration that could put the carmakers into a single holding company. “No shareholding rebalancing or modification of cross shareholdings between Renault […]
Soon after arriving in Dubai from the UK, Becky Balderstone realised there wasn’t enough variety of locally grown organic produce readily available like she was used to back home. Yet demand was high. With a marketing background and a business management degree, Balderstone had a real passion for healthy living and eating, so she launching […]
Dubai. Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, on Sunday announced that he would be leading the UAE’s delegation to the World Economic Forum in Davos, which starts on Tuesday. “We are honored to represent our country at all international events and forums and […]
ABU DHABI: The inaugural UAE-Syria Private Sector Forum launched on Sunday in the nation’s capital, Abu Dhabi. Organised by the UAE Federation of the Chambers of Commerce and Industry (FCCI), in cooperation with the Abu Dhabi Chamber of Commerce and Industry (ADCCI), the Forum saw discussions taking place to enhance potential investment and commercial ties […]
The Executive Committee of the Saudi-Emirati Coordination Council has announced the launch of seven strategic initiatives, according to a statement released on Saturday. The joint-committee, headed by the UAE’s Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and The Future, and Saudi Arabia’s Mohammad Bin Mazyad Al Tuwaijri, Minister of Economy and Planning, met […]
New Delhi: India has sacked two senior executives of state-run Punjab National Bank (PNB) for allegedly failing to prevent a $2 billion (Dh7.34 billion) fraud, two sources with direct knowledge of the matter said on Sunday, nearly a year after the country’s biggest bank scam came to light. The firing of the two executive directors, […]
London: Values of UK shopping centres and high street stores could be reduced significantly after property agents were told to reflect the seismic changes sweeping the retail industry, the Sunday Times has reported. The Royal Institution of Chartered Surveyors told valuers to be ‘aware of the potential for significant changes in value’ in retail properties, […]
Dubai: Workers’ salaries in the UAE are indeed predicted to increase by more than 3 per cent this year, on average. The problem is that, when inflation – the rise in the prices of goods and services — is taken into account, most people will hardly see any change in their incomes. This is one […]
“Dubai is not a coincidence. It is the result of a long journey that began 185 years ago.”
Dubai: The majority of employees in the country are now expecting a bump in their monthly incomes this year, following a year of no wage adjustments in 2018. That’s according to the results of the latest survey among more than 1,200 residents in UAE. Among those polled, 65 per cent confirmed they did not get […]