Sunday, November 10, 2024

Finance

UAE’s luxury retail needs to go all out selling local

Reaching out to resident consumers and delivering beyond expectations matters most Luxury retailers in the UAE need to alter course slightly... until foreign shoppers turn up, they have to double down on getting their resident clients to keep buying. With global...

Employee productivity needs remote monitoring

If all this adds up to ensuring a business thrives, it's worth losing a few privileges These days, with job losses mounting, losing a few privileges does seem a small price to pay. More so, if it ensures that business...

US airlines get tough over face masks

Failure to comply will even lead to bans for erring passengers It's best to have it on... US carriers are not willing to go easy on passengers who turn up without the masks. New York: United Airlines Holdings Inc. will ban...

In Dubai, some residential tenants are seeing rent relief, and even one- to two-month waiver

Tenants are offering documents to show how COVID-19 has impacted their income, jobs The coming weeks will show up the full extent of COVId-19's impact on residential rents. Landlords' offices are piling up with requests for some sort of relief...

Etihad Credit Insurance partners with Bpifrance to deepen economic ties between France and UAE

The entities will explore opportunities to offer insurance, reinsurance, co-insurance services for the export of goods to a third country Jebel Ali Port. Etihad Credit Insurance  has signed an agreement with  Bpifrance Assurance Export to strengthen trade and economic cooperation between...

Apicorp slashes five-year regional energy investment outlook more than 21%

The economies of the Middle East are likely to experience a W-shaped recovery, according to the multi-lateral lender Planned and committed energy investments in the Middle East are likely to decline 21.8 per cent over the next five years, as...

Covid-19 will transform how region’s wealth management sector delivers advice

Companies must digitalise and globalise their service to drive performance over the next five years, new report finds Global high net-worth wealth will decline by 4 per cent, or $3.1 trillion (Dh11.38tn) in 2020, a “major shift” that will “drastically”...

Energy giant BP takes a $17.5b writedown over lower oil, gas prices

Pandemic will force transition to a lower carbon economy, depressing oil demand Any reduction in demand for oil has consequences for BP... The energy giant is taking a $17.5b write-off. London: BP will incur an up to $17.5 billion writedown in...

First plot handovers to start this summer at Dubai’s ‘historic’ Deira redevelopment

Deira Enrichment Project' will revitalize one of Dubai's oldest destinations Bringing about a complete newness to one of Dubai's oldest neighbourhoods. The Deira Enrichment Project will give a makeover to a stretch of land from Port Rashid and much of...

Middle East energy sector will see sharp drop in investments between 2020-24

COVID-19's impact on industry will be longer lasting than any other, says Apicorp Middle East governments will have some tough calls to make about committing new investments into energy space. Dubai: Investments in the Middle East energy sector will see a...

Latest News

Abu Dhabi: Senior citizens and residents can get discounts, priority service

Senior citizens and residents in Abu Dhabi, those aged 60 or older, can avail the Barkitna card. The card...

Dubai-Malaysia travel: Airlines launch interline flights to over 40 destinations

Dubai carrier flydubai and Batik Air Malaysia have announced an interline agreement that will offer flydubai passengers access to more than 40 destinations across...

Today Gold Rate in Saudi Arabia – 9th Nov 2024

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 3,884.05 while 24k Per 10 Gram gold price is SAR 3,330.00. Usually...

Today Gold Rate in Qatar – 9th Nov 2024

Today Gold Rate in Qatar Today Per tola is QAR 3,796.57 while 24k Per 10 Gram gold price is QAR 3,255.00. Usually people opt...

Today Gold Rate in Oman – 9th Nov 2024

Today Gold Rate in Oman Today Per tola is OMR 397.74 while 24k Per 10 Gram gold price is OMR 341.00. Usually people opt...