The UAE accounts for about 14 per cent of the world’s gold trade.

San Francisco: Uber filed documents Thursday for its much-anticipated public share offering expected to be the largest in the tech sector in years, and a bellwether for other venture-backed startups eyeing Wall Street listing. The filing with the Securities and Exchange Commission contained no specific pricing or timing for the market debut for Uber, which […]

Dubai: Chinese smartphone maker Oppo is working with Etisalat to deliver 5G smartphones to the UAE market, it has been announced. According to Zhang Zhi, 5G expert from Oppo, the Asian company is teaming up with the UAE telecom services provider to test the compatibility of its 5G smartphones with Etisalat’s 5G network. It will […]

Mumbai: India is witnessing a listless growth in electricity demand, possibly signalling more slowdown in Asia’s third-largest economy. Electricity requirement from distribution utilities in February rose 1.3 per cent from a year earlier and barely changed from January’s 1.1 per cent, the weakest growth in two years, according to the power ministry’s Central Electricity Authority. […]

Washington: Federal Reserve officials signalled on Wednesday they’re prepared to move interest rates higher or lower as needed, but an unusual mix of risks means they could remain on hold all year. Despite an economy that is forecast to grow above trend with low unemployment, policymakers are worried about external drags such as slowing European […]

Dubai. The UAE government has adopted an integrated and dynamic model for the utilisation of artificial intelligence that supports industry growth, development of new sectors as well as strengthening governance and ethics frameworks, according to Omar Bin Sultan Al Olama, Minister of State for Artificial Intelligence. This is in order to anticipate future challenges and […]

These Dubai-based dads believe better education about time spent on connected devices is what’s needed.

Dubai: The CEO of hotel group IHG’s Middle East business has said that he is satisfied with the growth drivers in the Dubai hospitality market. Kenneth Macpherson, IHG’s chief executive officer for Europe, Middle East, Asia and Africa, said that he believed the fundamentals were in place to counteract a market slowdown that has impacted […]

Dubai: What kind of value would you put on a third of your life? That’s the question that a number of companies are looking to pose over the next three days, as the first Sleep Expo Middle East gets underway in Dubai on Thursday. “We’re trying to solve the problem of sleeping,” said Taher Patrawala, […]

Dubai: National Bank of Fujairah (NBF) has launched Investment Management business to provide mass affluent priority banking, high-networth and institutional investors with high quality, independently-researched and risk-based investment solutions. The bank will use more than 30 best-in-class international fund managers to build the model portfolio. NBF investment solutions provide investors with a one-stop service through […]