(Bloomberg) — Abu Dhabi Islamic Bank PJSC is seeking to save about 500 million dirhams ($136 million) by cutting jobs and closing branches as sluggish economic growth...
(Bloomberg) — Eskom Holdings SOC Ltd.’s new boss has taken a first step to reduce the indebted South African power utility’s bloated wage bill while avoiding...
(Bloomberg) — Just as the world’s top sugar traders forecast a global shortage of the commodity, No. 1 raw-sugar importer Indonesia says it wants a record amount...
UAE’s Federal Tax Authority (FTA) has announced that import of waterpipe tobacco (Mu’assel) or electrically heated cigarette plugs not bearing the ‘Digital Tax Stamps’ will be...
The Emirati Dirham (AED) has been included in the soon to be launched Buna, a multi-currency payment platform affiliated with the Arab Monetary Fund. The Emirati...
The construction of the AED1.9 billion Mohamed bin Zayed City Residential City project in Fujairah is now complete, according to the Follow-up Committee of the Initiatives...
UAE-based Tristar Group and BP have signed a US$24mn contract for liquefied natural gas LNG shipping services recently. The four-year deal includes a variety of LNG...
Global Village in Dubai now houses the official retail outlet for the World’s Greatest Show, Expo 2020 Dubai, which is all set to open on Oct....
(Bloomberg) — Even before the deadly virus struck, another menace confronted the global energy industry: the warmest winter anyone can remember. Russia’s winter was so balmy that...
(Bloomberg) – The most cheerful people on Earth are about to get some help managing their finances. In Finland, which just topped the United Nation’s World Happiness...
