Asian markets mostly down as China sets 5 percent growth goal
Hong Kong, China - Asian markets largely fell on Tuesday after China set an ambitious five percent annual growth target and...Business
JetBlue, Spirit Airlines cancel merger
Earlier, a federal judge ruled it violated US antitrust law.Company News Business
Burjeel Holdings set to expand to Oman, Saudi Arabia
The company is raising capital to support the ongoing expansion in the UAE and Oman, and pending entry into Saudi...The company is raising capital to support the ongoing expansion in the UAE and Oman, and pending entry into Saudi Arabia, the founder Dr Parambath said
In the UAE Burjeel has built the cancer centre, the mother care services, as well as the orthopaedic and diagnostic networks
World’s first space tourist plans new flight to Moon with SpaceX
Musk has promised the rocket will complete its first orbital test this year, and a version of Starship has already...The weeklong mission would see Starship fly within 125 miles of the lunar surface before returning home
The voyage will take place after Elon Musk's company has finished developing its prototype Starship rocket
Video highlights: Futuristic TOP CEO 2022 discusses economic opportunities
The TOP CEO Conference, held in Dubai in Q2, discussed several burning global and regional issues of the time. It...The TOP CEO Conference in Dubai in the second quarter of 2022 discussed several burning global and regional issues of the time
It brought together Arab and international business leaders and experts to discuss several topics under the theme of The Great Business Reset
Auctioneers unveil Microsoft co-founder’s $1bn art collection
Allen co-founded Microsoft with Bill Gates in 1975, becoming fabulously rich as the company grew into the computing behemoth it...Five centuries of touchstone works featuring some of the most significant creators in history are being sold next month
The collection of more than 150 pieces includes work by Vincent Van Gogh, Claude Monet, Paul Gauguin and Jasper Johns
Customers feel better with ‘Buy Now, Pay Later’ plans
Buy Now, Pay Later services provide customers the functionality of credit cards-- easy payments with no cash. But BNPL usually...BNPL providers pay retailers upfront and lend money to customers while taking on all of the program's administrative costs and credit risk.
The appeal of BNPL also lies in the fact that vast amounts of consumer data can be used by retailers to enhance customer loyalty by offering more targeted products.
ENOC unveils service station of future for public at Expo City
Dubai, Abu Dhabi -- ENOC Group announced Wednesday that its Service Station of the Future is now open to the...Expo City Dubai is now ready to host 145,000 residents and workers, becoming the UAE’s first 15-minute city.
This includes amenities in close proximity to the 85 start-ups and small businesses that occupies the commercial space.
IMF says countering inflation with tax cuts would be ‘too costly’
The fund's comments, in its latest Fiscal Monitor report, come as food prices have surged by half since 2019 while...Countries all around the world are facing more pressing and more painful trade offs," said Vitor Gaspar, director of IMF's fiscal affairs.
Countries may need to raise added revenues and contain the growth of other expenditures as they prioritize policies, the fund said.
Yellow Door closes $400m equity raise
It plans to deploy $1bn in sustainable energy projects.Yellow Door said in a statement that the funding was substantially provided by YDE’s newest and now controlling shareholder, Actis.
Existing shareholders International Finance Corporation (IFC), Mitsui & Co., and APICORP also increased their equity commitments.
Wio Bank, Stripe sign partnership
Will enable SMEs to access e-commerce faster.They will also ensure easy onboarding and a simple pay-as-you-go pricing model.
Users can soon sign up on the Wio Business app and be set up with a payment gateway to optimize payments within minutes.
ADNIC, JAFZA sign insurance pact
JAFZA is home to over 9000 companies, including Fortune 100 firms.ADNIC will provide pre-underwritten insurance products for health and office insurance with exclusive pricing.
Through this partnership, the Jafza community will benefit from hassle-free online enrolment for health insurance policies.
