The initial reaction was positive as Wall Street futures rose Global investors are gaming out how a tentative deal to raise the United States debt ceiling could ripple through markets, as lawmakers strive to pass the agreement through Congress before a June 5 deadline. A deal to lift the $31.4 trillion debt limit announced by…
The man was detained for allegedly breaking aviation security laws; he faces up to 10 years in prison if convicted South Korea’s Asiana Airlines has stopped selling some emergency seats following an accident in which a passenger opened an emergency exit mid-air, the carrier said Sunday. The incident took place onboard a A321-200 plane, which…
RIYADH: The UAE’s property market witnessed double-digit growth in sales and rental rates in the first quarter of 2023, according to the latest report from global consultancy firm CBRE. Prime office properties in Abu Dhabi and Dubai recorded 19.1 percent and 20.2 percent year-on-year growth, respectively, between January and March this year, the report stated. …
Private sector companies in the UAE have a little more than a month to achieve their semi-annual Emiratisation targets. “If your company has 50 employees or more, it’s time to achieve 1 per cent Emiratisation of skilled jobs before June 30, 2023,” the Ministry of Human Resources and Emiratisation (MoHRE) said on Monday. Companies with…
Industry executives say that the procedure to buy property is very simplified, quick, seamless and hassle-free Mohammed Iqbal and his wife always thought about buying property here in Dubai but kept going back and forth. When the pandemic hit, they started saving up and finally decided to take the plunge two years ago after a…
According to the images, the golden HONOR Magic5 Pro features a sleek gold-plated cover customised with a unique falcon icon, symbolising the device’s powerful camera and lightning-fast Millisecond Falcon Capture feature. Crafting a product with gold requires skill and expertise in working with precious metals. From designing the concept to implementing the final product, each step requires…
Republican says US debt-ceiling talks paused European stocks rose on Friday and Germany’s blue-chip index hit a record high as hopes of progress in US debt ceiling talks boosted risk sentiment, although negotiations appeared to have reached an impasses moments after markets closed. The DAX, which houses Germany’s top 40 companies, closed 0.7 per cent…
As a leading smartphone manufacturer, HONOR has always been dedicated to pushing the industry benchmarks and introducing innovative features that go beyond the norm. With its latest offering, HONOR Magic5 Pro which comes with the Millisecond Falcon Capture, HONOR is set to revolutionise smartphone photography in ways that were previously thought impossible. This groundbreaking feature promises to…
The new LuLu Exchange branch is located inside the Town Mall at Dubai Investment Park -2 UAE’s leading cross-border payments and currency exchange provider opened its 93rd branch in the country in the commercial region of DIP-2 in Dubai. The new branch marks the 280th global branch under LuLu Financial Holdings and was inaugurated by…
Positive sentiments in the equities market and inflow of foreign funds provided support to the currency The Indian rupee declined 2 paise to 81.96 against the US dollar (22.33 versus the UAE dirham) in early trade on Thursday amid weak sentiments in the Asian markets and upward movement in the crude oil price. According to…
