Up to Dh12.5 million: World’s rarest supercars up for auction in Dubai next month

With the relocation of thousands of millionaires into Dubai in 2023 and 2024, demand will increase for ultra-luxury cars in the country Some of the world’s rarest supercars from top-notch brands will be auctioned in Dubai next month, including a pre-World War II recreation 1935 Bugatti. RM Sotheby’s, the world’s largest collector car auction house…

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India offers protesting farmers support prices on corn, cotton, pulses

Tear gas and barricades have been deployed to deter farmers, who form an influential voting bloc, ahead of the general election scheduled for May India has offered guaranteed support prices for pulses, corn and cotton in a bid to break a deadlock with protesting farmers, Trade Minister Piyush Goyal said after week-long clashes with security…

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Amendments to UAE banking law pose challenges for both investors and banks

Banks lending to individuals and sole proprietors need to take “sufficient” security for loans In January 2023, the UAE implemented new federal consumer protection laws, with the aim of enhancing responsible lending practices and reduce “name-only” lending in the banking sector. However, one element of these laws – referred to as Article 121 bis –…

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3-day weekend: Public holiday announced on February 25 for schools in Oman

The Sultanate will observe the day as Omani Teacher’s Day every year All educational institutions across public and private schools in the Sultanate of Oman will enjoy an official holiday on Sunday, February 25, to observe Teachers’ Day. This decision aims to honour the invaluable contributions of educators and provide them with a well-deserved break….

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Pakistan: Imran Khan’s party begins protests against polls rigging

Tehreek-e-Insaf party has decided to sit in the Opposition in Parliament Authorities on Saturday imposed prohibitory orders in Pakistan’s capital as jailed former prime minister Imran Khan’s party began nationwide protests against alleged rigging and stealing of its mandate in the recent elections. Criticising the outcome of the polls, which saw the Pakistan Tehreek-e-Insaf party-backed independent candidates emerging…

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