Dubai: Azad Moopen came to Dubai 31 years ago to raise money for the renovation of a mosque in his hometown, Kalpakancheri, in Malappuram district, Kerala. He needed 10 lakhs then, or Dh250,000 as per the currency exchange in 1987. The plan was just to collect the funds and return home. The intention was never […]
Dubai: Air Arabia said on Thursday it is taking legal action against Arif Naqvi, a former member of its board of directors and the founder of now-bankrupt private equity firm Abraaj. The budget carrier said it has filed a misdemeanor case against Naqvi in a Sharjah court, following arbitration procedures it took in July 2018. […]
The rise of digital banking has paved the way for branches to focus more on tailor-made services for clients
Paris: Carlos Ghosn is on the verge of losing his final tether to power, with Renault SA said to be laying plans to remove him as its leader almost two months after the car titan’s shock arrest rocked its alliance with Nissan Motor Co. and Mitsubishi Motors Corp. The French carmaker’s board will probably meet […]
Dubai: Job creation and employment growth across the GCC is expected to slow down in 2019 due to subdued non-oil growth despite higher government spending plans, according to rating agency Moody’s. Moody’s analysts expect overall GDP growth in the GCC to remain broadly unchanged this year, at 2.3 per cent on average. The cuts in […]
BEIRUT: Financial strains in Lebanon have been brought into focus by turbulence on markets where its dollar-denominated sovereign bonds suffered a heavy sell-off last week following comments by the finance minister about the public debt. The bonds recovered this week on assurances the government is “absolutely not” planning to restructure the debt and is committed […]
“She never ate until she had seen us first, and never rested until we slept, and was never happy unless we were not sad.”
World number one Novak Djokovic said he could feel the tension before overcoming his great rival Jo-Wilfried Tsonga 6-3 More…
Dr. Christopher Edwards, Member of the Emirates Mars Mission, revealed that robotic probes sent to Mars took clear More…
Dubai: New business activity in Dubai’s private sector had its slowest December in more than two years, while job creation was also quite muted. But there were some positives as 2018 came to a close — inflationary pressures continue to remain weak, according to the latest Emirates NBD purchasing managers index (PMI) tracker. The tracker […]