Dubai-Azerbaijan cooperation in key sectors highlighted

Inayat-ur-Rahman, Chief Business Reporter A delegation from Azerbaijan joined by businessmen representing 27 companies recently visited Dubai Chamber of Commerce and Industry’s headquarters where they held 204...

Bharti Airtel plans fundraising of $3 billion via stake sale and debt

The board of telecom major Bharti Airtel on Wednesday approved a plan to raise $3 billion via Qualified Institution Placements (QIPs), stake sale, as well as by debt, to pay...

Peugeot deal to boost Exor’s coffers to $4 billion in 2022

Fiat Chrysler’s top shareholder Exor will have a total of 3.6 billion euros ($4 billion) in 2022 to invest once a deal to merge the carmaker with rival Peugeot goes...

Women’s World Car of the Year 2019 winners announced at DIMS

Inayat-ur-Rahman The Mazda 3 was awarded the Supreme Award for the Women’s World Car of the Year (WWCOTY) at the Dubai International Motor Show in the presence of Founder...

Greece to offer tax incentives in bid to lure rich foreigners

Cuba attracts $1.7b in foreign investment despite US sanctions

Cuba said that the country had attracted $1.7 billion worth of foreign investment over the past year despite a tighter US trade embargo and worsening cash crunch, although it did...

MAF’s H1 2019 financial results show resilient performance

Business Bureau, Gulf Today Majid Al Futtaim (MAF), the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, has announced its audit-reviewed operational...

Guinea-Bissau wants to be UAE’s gateway to LatAm

Guinea-Bissau’s ambitious ecotourism and infrastructure development plans would be instrumental in making the tiny West African nation a gateway to Latin America (LatAm) for the United Arab Emirates, according to...

Asian factory activity shrinks further; more stimulus needed

Asian factory activity contracted further in July, fuelling worries that a Sino-US trade war and a slowdown in China could tilt the world towards a global recession, which central banks...

Pakistan to share details of federal budget with IMF board

Tariq Butt Pakistan will share the details of the federal budget with the International Monetary Fund (IMF) board, which is scheduled to meet on July 3, after its passage...