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Sharjah Ruler attends opening of Sharjah Theatre Days

March 20, 2019 7:25 am0 comments

Dr Shaikh Sultan honours renowned Kuwaiti artist Mohammad Al Mansour 20/03/2019, Wednesday -Sharjah: His Highness Dr Shaikh Sultan Bin Mohammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, witnessed on Tuesday the opening of the 29th Sharjah Theatre Days at the Sharjah Culture Palace, in the presence of Shaikh […]

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Deutsche, Commerzbank merger would put 30,000 jobs at risk – union

March 19, 2019 10:33 am0 comments
Deutsche, Commerzbank merger would put 30,000 jobs at risk – union

A top investor in Deutsche Bank also expressed doubts about a potential merger 19/03/2019 Tuesday  BERLIN/FRANKFURT: A merger of Deutsche Bank and its rival Commerzbank  could result in as many as 30,000 job cuts over the long term, a representative of German union Verdi who is a Deutsche supervisory board member told […]

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Hamda provides silver lining on another good day for the UAE

10:00 am0 comments
Hamda provides silver lining on another good day for the UAE

UAE’s bocce team impress with all eight participants clinching a medal apiece 19/03/2019 Tuesday  Abu Dhabi: UAE’s special athlete Hamda Ali Al Hosani couldn’t repeat her gold medal performance of 200m when she had to settle for silver in the 100m F38 final in the Special Olympics World Games at […]

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Gold prices rise as hopes of dovish Fed weigh on US dollar

9:40 am0 comments
Gold prices rise as hopes of dovish Fed weigh on US dollar

US Fed starts two-day policy meeting on Tuesday 03/09/2019 Tuesday  Gold prices edged up on Monday as expectations the US Federal Reserve will be accommodative for the rest of the year weighed on the dollar though increased risk appetite limited bullion’s gains. Spot gold was up 0.3 per cent at […]

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Jet Airways grounds 4 aircraft due to non-payment

8:16 am0 comments
Jet Airways grounds 4 aircraft due to non-payment

Carrier cancels flights to and from Abu Dhabi amid financial woes 19/03/2019 Tuesday  Dubai: India’s Jet Airways on Monday grounded four aircraft as it failed to pay the lease for renting them — the latest in a series of financial challenges hurting the airline. Jet Airways, once the number two […]

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Health care awards to be expanded regionally

7:57 am0 comments
Health care awards to be expanded regionally

18 organisations, 24 professionals and 11 trendsetters honoured in this year’s edition 19/03/2019 Tuesday Dubai: The Dubai Health Awards for excellence in health care will go regional soon, covering private and public sector hospitals and health care specialists from the GCC as well as having some categories for international health […]

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Emiratis urged to make the most of solar-powered homes

7:34 am0 comments
Emiratis urged to make the most of solar-powered homes

Villas driven by solar energy, sponsored by Dewa, can yield savings of up to 10 per cent 19/03/2019 Tuesday  Dubai:Emiratis living in communities developed by the Mohammad Bin Rashid Housing Establishment (MBRHE) in Dubai who take advantage of the government’s offer of free installation of solar panels on their rooftops […]

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Kuwait Airways to seek $350m loan to pay for planes

March 18, 2019 8:51 am0 comments
Kuwait Airways to seek $350m loan to pay for planes

The state-run airline is talking to banks to raise a five-year facility 18/03/2019, Monday – Kuwait City. Kuwait Airways Corp. is seeking a $350 million loan that will help the Gulf carrier pay for planes, people with knowledge of the deal said. The state-run airline is talking to banks to […]

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Going paperless: Dubai real estate firm lets tenants rent a home, sign contract online

8:47 am0 comments
Going paperless: Dubai real estate firm lets tenants rent a home, sign contract online

Real estate firm allows tenants to complete rental transactions online 18/03/2019, Monday – Dubai: Tenants deal with many types of documents before moving into a new home. There are forms, as well as the tenancy contract, to sign and identification papers to submit. Soon, the cumbersome paperwork will be a […]

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Saudi Arabia’s new rules set to raise Islamic tax for some banks

8:43 am0 comments
Saudi Arabia’s new rules set to raise Islamic tax for some banks

Bu most of the kingdom’s major banks will end up paying the lower limit 18/03/2019, Monday – Riyadh: Saudi Arabia set out new rules for the calculation of an Islamic tax on banks that’ll result in them paying between 10 per cent to 20 per cent of net profit. The […]

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