Dubai: Careem launched a delivery service covering everything from takeaway food to pharmaceuticals on Monday, diversifying from its core Middle East ride-hailing business and increasing competition with rival Uber Technologies. The company has expanded its car service business to more than 120 cities in 15 predominantly Middle East countries since launching in 2012. “We believe […]
The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia today issued a number of Royal More…
Gold rates for Friday, December 28, 2018 Daily Morning 9:00 AM Afternoon 3:00 PM Evening 6:30 PM Ounce rate    24k* More…
Beijing: Nissan Motor Co has asked its staff to refrain from any communications with jailed directors Carlos Ghosn and Greg Kelly and their lawyers as Japanese prosecutors investigate the officials at the centre of a scandal about under-reporting of pay. Employees were asked not to get in touch on their own and not to respond […]
The richest people on Earth lost $511 billion this year after record first-half gains were obliterated by a succession of bruising market selloffs. Global trade tensions and worries about a U.S. recession dragged markets lower at year-end, leaving the 500 people on the Bloomberg Billionaires Index with a combined net worth of $4.7 trillion as […]
The UAE launched a string of initiatives to boost investor confidence and attract global talents.
Tehran: Iran has announced a 20 per cent increase in public sector wages in its first budget since the return of US sanctions. But the new budget does not say how many barrels of oil Iran hopes to sell in the next financial year, which starts in late March, but analysts believe it will be […]
Abu Dhabi: Members of the Federal National Council on Tuesday passed the UAE’s federal budget of Dh60.3 billion for 2019 of which more than 59 per cent will go to education and social development. The House reviewed the 2019 budget in the presence of Obaid Humaid Al Tayer, Minister of State for Financial Affairs. The […]
Paris: A Renault SA probe found that jailed Chief Executive Officer Carlos Ghosn’s compensation at the French carmaker complied with French law, sending another signal of division with its alliance partner Nissan Motor Co. A preliminary review of the years 2015 to 2018 found nothing amiss on pay to the executive, who was indicted in […]
WASHINGTON: US growth in the July-September quarter was slightly slower than previously reported, dragged down by the large drop in exports amid President Donald Trump’s multi-front trade wars. With hundreds of billions of goods hit by retaliatory tariffs, US exports fell by the largest amount since early 2009 at the height of the global financial […]