Country’s forex reserves jumped by $8.2b on in the week ended June 5, 2020
The headquarters of the Reserve Bank of India in Mumbai. According to the RBI’s weekly statistical supplement, India’s foreign exchange reserves rose by over $8.223 billion...
Economists expect household spending in the UAE to return to normThe UAE economy is highly intertwined with other major developed and emerging market economies.al within 6-12 months
The UAE economy is expected to stage a gradual recovery to pre-COVID-19 levels...
Dismissed employee Brandon Dail said 'intentionally not making a statement is already politica
Facebook fired an employee who had criticised chief executive Mark Zuckerberg's decision not to take action against inflammatory posts by US President Donald Trump this month, citing...
The United Nations says Iran was the source for debris left by attacks on Saudi Arabia's oil installations and an international airport
The United Nations says it has determined that Iran was the source for several items in two arms...
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...
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...
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...
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...
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...
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...
