Rome: The European Central Bank took the unprecedented step of placing the cash-strapped Italian lender Banca Carige SpA in temporary administration, a move that could be a prelude to a sale or merger. The administrators and a three-member surveillance committee will focus on reducing balance sheet risk and finding a possible partner for the bank, […]
Dubai: Make room for the electric vehicle … and a lot of room at that. This could well be the defining year for electrically-charged vehicles to pick up pace — and range — on UAE roads. And carmakers on their part are willing to give that momentum some added push of their own with potential […]
Streaming service Netflix has also urged fans not to take part in the challenge due to safety concerns.
Boston: Bristol-Myers Squibb has agreed to acquire Celgene Corp. in a $74 billion (Dh271.8 billion) deal that will unite two drugmakers battling for advantage in a crowded market for innovative cancer treatments. Both companies have faced investor wariness about their prospects in recent months. Bristol makes an immunotherapy drug called Opdivo that accounts for roughly […]
Dubai: With just eight dollars (Dh29) in his pocket, a dream to succeed and his mother’s blessings, Dr. B.R. Shetty first set foot in Abu Dhabi on May 3 ,1973. Many people know him, but for those who don’t, Dr. Shetty is the founder and chairman of New Medical Centre (NMC), as well as the ubiquitous UAE […]
The deceased was a visitor in the UAE.
Dubai: The network of electric car charging points keep growing in the UAE, so much so developers cannot think of new projects without placing a few there. “In fact, the first two buyers at The Residences project in JLT (Jumeirah Lakes Towers) had that as a precondition in the negotiation process,” said Raju Shroff of […]
One person was killed and scores injured in protests after the women entered the temple.
As the new policy comes into effect, they will be required to apply for a visa from Pakistani missions in Afghanistan.
Dubai: Saudi Arabia announced plans on Wednesday to build an entertainment complex in the capital Riyadh, the latest in a series of state-backed efforts to encourage public leisure activities after decades of tight social restrictions. The 100,000 square metre complex will be developed by the Saudi Entertainment Ventures Company (Seven), a wholly owned subsidiary of […]