The Executive Committee of the Saudi-Emirati Coordination Council has announced the launch of seven strategic initiatives, according to a statement released on Saturday. The joint-committee, headed by the UAE’s Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and The Future, and Saudi Arabia’s Mohammad Bin Mazyad Al Tuwaijri, Minister of Economy and Planning, met […]
New Delhi: India has sacked two senior executives of state-run Punjab National Bank (PNB) for allegedly failing to prevent a $2 billion (Dh7.34 billion) fraud, two sources with direct knowledge of the matter said on Sunday, nearly a year after the country’s biggest bank scam came to light. The firing of the two executive directors, […]
London: Values of UK shopping centres and high street stores could be reduced significantly after property agents were told to reflect the seismic changes sweeping the retail industry, the Sunday Times has reported. The Royal Institution of Chartered Surveyors told valuers to be ‘aware of the potential for significant changes in value’ in retail properties, […]
Dubai: Workers’ salaries in the UAE are indeed predicted to increase by more than 3 per cent this year, on average. The problem is that, when inflation – the rise in the prices of goods and services — is taken into account, most people will hardly see any change in their incomes. This is one […]
“Dubai is not a coincidence. It is the result of a long journey that began 185 years ago.”
Dubai: The majority of employees in the country are now expecting a bump in their monthly incomes this year, following a year of no wage adjustments in 2018. That’s according to the results of the latest survey among more than 1,200 residents in UAE. Among those polled, 65 per cent confirmed they did not get […]
Beijing: China is expected to report on Monday that economic growth cooled to its slowest in 28 years in 2018 amid weakening domestic demand and bruising US tariffs, adding pressure on Beijing to roll out more support measures to avert a sharper slowdown. Growing signs of weakness in China — which has generated nearly a […]
Jeff Bezos and his wife, MacKenzie, may be the first billionaire couple with a huge stake in an enormous technology company to announce their divorce. They won’t be the last. The surprise announcement that the Bezoses would divorce after 25 years of marriage instantly raised questions about the future of their 16 per cent, roughly […]
Refurbished products are being offered on noon for up to 60% off
Searches for the precious commodity have risen sharply since April 2018