Tuesday, March 3, 2026

Finance

No excuses for going low on R&D

Whatever be a business’s cost priorities, this investment must not suffer Institutions that do not constitute a committee, a working group, a department or even an employee dedicated to R&D lack key advantages.Image Credit: Pixabay ALSO IN THIS PACKAGE Photos: Emirates...

Saudi Arabia facilitates corporate money transfer abroad

Saudi Arabia facilitates money transfer abroad A Saudi woman shows Saudi riyal banknotes at a money exchange shop, in Riyadh. Photo for illustrative purposes.Image Credit: Reuters Abu Dhabi Saudi Arabia’s Ministry of Commerce has addressed the problems facing companies and institutions in...

$107 billion and counting, that’s what health insurers worldwide have to pay for COVID-19 claims

Premiums set to rise for businesses, and covering against pandemic is not the only risk Insurers will be shelling out $107 billion on claims related to the COVID-19 – but it’s unlikely that the payouts will end with that.Image Credit: ALSO...

India’s airlines risk extinction as government refuses to rescue billionaires

Close to 3m jobs in aviation and related industries could be lost in India this year Air India planes parked on the tarmac of Indira Gandhi International Airport in New Delhi. Indian carriers need as much as $2.5 billion to...

Businesses need to regain their X factor

Brushing up on their customer experiences will speed the transition Each interface and interaction with the customer is an opportunity for a business. Make sure to capitalise on it. The COVID-19’s impact on people and economies has been profound. And it...

India’s bankers find home working is actually improving productivity

A few have already dropped plans to invest in office expansions Staying put at home is raising productivity scores in India's banking sector. Absence of the hour or two spent on commuting is the main factor aiding those gains. (File...

Nissan will pay dividends again only after cashflow turns positive

New CEO at Japanese carmaker intends to see positives return from October 2021 Tokyo: Nissan Motor Co. will need to return to positive cashflow and bolster its cash position to start paying out dividends again, CEO Makoto Uchida told shareholders...

COVID-19: Why target Emirates when airlines worldwide have hit turbulence?

Job losses at Dubai carrier are being given significance over and above all else Emirates is being held towards a vastly different set of standards than the rest of the industry. Job losses at Emirates are rated as indicative of...

UAE investors prefer to stick with caution for now

Markets will be watching closely for any upcoming M&A related moves UAE markets have declined on account of rising risk version across global markets. And yet, the National Commercial Bank’s $15.6 billion acquisition of Samba Bank is a positive for GCC...

Say ‘hello’ to the robot next to you

Cities and businesses are deploying automation to tide over this crisis and more There is always one robot or the other going to lend a hand. The pandemic will just swell their ranks across industries and services. At the Dawadan restaurant...

Latest News

Big News from UAE: New Glass-Domed Mosque Opens in Sharjah

As the sun sets over Al Dhaid, the inside of newly opened Al Nasr Mosque begins to glow. Golden...

Dubai Gold Prices Fall Below Dh600/Gram, Drop Dh11 in 24 Hours

Gold prices dropped below Dh600 per gram in Dubai on Friday morning as the yellow metal slipped below $5,000, reaching close to a one-week...

Gold Prices Stable in Dubai Morning Trade – 24K Around Dh610

Gold Prices: At 9am UAE time, the 24K gold price was trading at Dh610.75 per gram, slightly up from last night’s close. Among the...

Dubai Metro New Fines Alert: Dh100 to Dh2,000 Penalties Announced

Dubai: If you’ve ever rushed onto the Dubai Metro only to realise you’re in the wrong cabin, you’re not alone. While it’s a common...

Indian woman missing in Dubai, last location Ajman Police HQ, son seeks help

Disturbing news has emerged from Dubai, where an Indian woman has been missing for the past few days. Her son, Shaivi Bhandkar, has appealed...