COLOMBO: Sri Lanka has appealed to the International Monetary Fund to revive a $1.5-billion (Dh5.5 billion) bailout suspended during the island nation’s political crisis late last year, the finance ministry said on Wednesday. In October, President Maithripala Sirisena sparked weeks of high political drama, even featuring brawls in parliament, by sacking Ranil Wickremesinghe as prime […]
Lawmakers voted 325 to 306 that they had confidence in May’s government.
Paris: Four years ago, General Electric Co made a commitment to win France’s approval to buy Alstom SA’s energy business: it would create jobs or pay a hefty fine. The Boston-based company pledged it would add 1,000 positions in France by end-2018, failing which it would pay the French government a fine of €50,000 ($57,000; […]
The EU is taking steps to reduce CO2 emissions of cars and vans. Under the revised rules, there will be stricter CO2 More…
The decision is a reflection of UAE’s vision to enhance country’s position as a place for creative minds and talents.
UAE government granted the first batch of long-term visas to the winners and finalists of the Mohammed bin Rashid Medal for Scientific Distinction.
Irishman shoots record-equalling score to lead after opening day of the Abu Dhabi Championship
Authorities in northern Arizona had a sweet hot mess on their hands after a tank trucker’s trailer detached from the More…
Dubai Holding actively supports Dubai’s vision by growing the next generation of national leaders, and empowering women More…
One option for lenders led by State Bank of India is to seek extra investment from founder Naresh Goyal and Etihad Airways