Friday, March 7, 2025

Finance

Female workers more exposed to coronavirus recession under Japan’s ‘Womenomics’

Women accounted for the majority of part-time, contract or temporary jobs lost in April Japanese Prime Minister Shinzo Abe has long made creating jobs for women central to his economic policy, but now women are suffering a bigger share of...

Billionaires: Entrepreneur who once turned down SoftBank set to join the ultra-wealthy

In our fortnightly roundup, Shunji Sugaya’s net worth surges alongside his software company’s stock and Bill Gates gets a boost from Vroom investment Shunji Sugaya A Japanese company founder, who turned down an offer from SoftBank to buy his start-up idea when...

Spain’s property market heading for second crash in a decade

Experts say the hit to housing prices in 2020 due to the coronavirus outbreak could range from 6.5% to 15% Spain’s $6 trillion (Dh22tn) home market looks headed towards another crash, according to economists who are studying the impact on...

British Airways job cuts plan criticised as ‘national disgrace’

UK Transport Committee calls for 14-day quarantine to be axed to save airline industry British Airways’ plans to cut 12,000 jobs has been described as a “national disgrace” by UK politicians. A report by the Transport Committee on the impact of...

Abraaj former CEO stole $385m from the firm, liquidators say

Arif Naqvi is alleged to have taken funds from 2009 to 2018 as he moved money for his own use in more than 3,700 transactions Liquidators overseeing Abraaj Group’s insolvency now estimate chief executive Arif Naqvi’s alleged theft to have...

My employer cannot pay me amid Covid-19. Can I work elsewhere until my income returns?’

The Abu Dhabi resident's employer has told the employee to take on a part-time job until the crisis eases I have a job with a small company but I am struggling financially as I am not receiving any income. I...

Sheikh Mohamed bin Zayed and Emmanuel Macron discuss the crisis in Libya

The pair expressed their support for an initiative which has called for an immediate ceasefire in Libya and agreed on the importance of resolving the situation through peaceful means Sheikh Mohamed bin Zayed and the French president have expressed their...

Coronavirus live: Parts of Beijing locked down as new cases reported in China

UAE reported 513 new cases after 44,000 more tests were conducted Parts of Beijing were placed under lockdown on Saturday as six new domestic coronavirus cases were reported, fuelling fears of a resurgence in local transmission. UAE reported 513 more cases...

Get tax residency for less than $400,000 in Uruguay

President Luis Lacalle Pou is seeking foreign investment to help revive the economy Motenvideo, capital of Uruguay. Uruguay will soon be even more welcoming to wealthy foreigners looking for a new home following a presidential decree that makes it cheaper...

Pakistan unveils $44 billion 2020-21 national budget

Economic activity in the country slowed down due to lockdown imposed by the government A woman shops for grocery items at a store in Peshawar, Pakistan. No new income tax has been imposed in the budget as the government wants...

Latest News

Dubai Introduces Seamless, Ticketless Parking System Across Key Locations

A revolutionary, fully automated, and hassle-free parking system is now in operation in select areas of Dubai, offering a...

Today Gold Rate in Dubai (UAE) in Dirham, 6th March 2025

Today Gold Rate in Dubai (UAE) Today Per tola is SAR 4,187.31 while 24k Per 10 Gram gold price is SAR 3,590.00 Usually people...

Today Gold Rate in Saudi Arabia – 6th March 2025

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 4,187.31 while 24k Per 10 Gram gold price is SAR 3,590.00. Usually...

Today Gold Rate in Qatar – 6th March 2025

Today Gold Rate in Qatar Today Per tola is QAR 4,117.32 while 24k Per 10 Gram gold price is QAR 3,530.00. Usually people opt...

Today Gold Rate in Oman – 6th March 2025

Today Gold Rate in Oman Today Per tola is OMR 431.56 while 24k Per 10 Gram gold price is OMR 370.00. Usually people opt...