The Women’s Tennis Association (WTA) will bring its events back to China later this year, ending a boycott instituted in late 2021 over concerns about the safety of former player Peng Shuai after she accused a high-ranking government official there of sexual assault. The WTA, in a statement on Thursday, said it would lift its suspension of…
Bankrupt crypto exchange FTX has recovered over $7.3 billion in cash and liquid crypto assets, an increase of more than $800 million since January, the company’s attorney said on Wednesday at a US bankruptcy court hearing in Delaware. FTX attorney Andy Dietderich said the company is starting to think about its future after months of…
An Arab businesswoman in Sharjah is reeling from the aftermath of a crypto scam that swindled her out of over a million dirhams. The loss was even more devastating for Sara (name changed), a 51-year-old confectionery business owner and mother of six, as she had saved the money for her son’s wedding and to buy…
Pakistan’s leading fashion brand GulAhmed has forayed into the international market by opening its first retail outlet in the UAE. The more than 100 years old business group inaugurated its maiden fashion retail store — Ideas by GulAhmed — at City Centre Sharjah to introduce multiple brands such as GulAhmed, Kaaj ready-to-wear, Ideas Home, Ideas…
The UAE is the most popular destination for expatriates as the emirate rated highest for expat lifestyle, earnings and family stability, according to a survey. The HSBC latest research across nine key markets rated the emirate most highly for five of the top 12 motivations behind the decision to relocate international. Motivations to move see…
The last gas-powered muscle car from Dodge isn’t leaving the road without some squeals, thunder and crazy-fast speed. The 2023 Challenger SRT Demon 170 will deliver 1,025 horsepower from its 6.2-litre supercharged V-8, and the automaker says it will be the quickest production car made. Stellantis says it can go from zero to 60 miles…
Air Canada has announced the strategic expansion of its international network with the addition of new, non-stop flights from its hub at Vancouver International Airport (YVR) to Dubai. The new route will operate four times weekly beginning October 28, onboard Air Canada’s flagship Dreamliner fleet, according to an Air Canada press release. The carrier’s new…
The global trade in counterfeit automotive parts has grown into a multi-billion-dollar industry in recent years. Millions of parts are seized by customs authorities in major ports and distribution centres each year, but many more reach garages and workshops across the world. In the UAE, over 94,000 fake parts were seized in the first half…
Tesla cut prices on its entire US electric vehicle model lineup for the third time this year in an apparent effort to lure more buyers amid rising interest rates. The largest of the cuts that appeared Friday on Tesla’s website were $5,000 per vehicle for the company’s slower-selling more expensive models, the S large sedan…
The global trade in counterfeit automotive parts has grown into a multi-billion-dollar industry in recent years. Millions of parts are seized by customs authorities in major ports and distribution centres each year, but many more reach garages and workshops across the world. In the UAE, over 94,000 fake parts were seized in the first half…
