QFC signs two MoUs
MoUs with BFB, Partior were inked during Web Summit 2024.Company News Business Banking & Finance
‘Firms in UAE resist employee demands for hike in salary’
Several firms in the UAE have received requests from employees to adjust compensation packages in line with the inflation in...Firms plan pay rises of 5 percent in 2023 as over 66 percent of companies receive requests for higher salaries.
Over 200 global and local companies from all sectors were surveyed.
BNPL payments in UAE may reach US$17.5bn by 2028
A leading retailer in the UAE has said that over 15 percent of its customers have now shifted to 'Buy...A number of people in the 24-45 age group prefer alternatives to credit cards for purchases.
As per the scheme, purchases can be split into four easy interest-free payments from the time of purchase.
Interpol sends out red notice for Terra crypto founder
Nearly a month after a South Korean court issued an arrest warrant for Do Kwon, a cryptocurrency founder, Interpol has...On Twitter, Kwon denied that he was on the run but did not reveal his whereabouts
Kwon's Terra/Luna system disintegrated in May, with the price of both tokens plummeting to near zero, and the fallout hitting the wider crypto market
Deeply divisive Monroe biopic ‘Blonde’ hits Netflix
While there is almost universal praise for the visceral lead performance by Ana de Armas, critics cannot agree whether the...While there is almost universal praise for the visceral lead performance by Ana de Armas, critics cannot agree whether the nearly three-hour film is an artistic tour de force
For ID magazine, "Blonde" is "guttural, instinctive, anguished filmmaking that bends space, time, and every cinematic tool at its disposal in service of attaining emotional truth."
Sure Global to list on Nomu
The Saudi tech firm has set the price at $19 per share.The company has reached an agreement with its shareholders to allocate 1.284 million shares, representing 25 percent of its capital, to offer and sell in the market
It received approval from the Capital Market Authority on June 30 for its registration to trade on Nomu
Porsche, luxury carmaker with storied history
The Porsche-Piech family are the main shareholders of the Volkswagen group, and have roots in Germany's auto industry stretching back...Porsche made waves at the Frankfurt international motor show in 1963 when it unveiled a new car with a six-cylinder engine
Volkswagen, the parent company of Porsche, has launched a well-publicised drive to dump combustion engines
Netflix and Disney+ to launch ad-supported subscription
Netflix and Disney+ will launch an ad-supported subscription in the coming weeks thus biting into the revenue of traditional television...Netflix is expected to launch an ad-supported subscription tier in early November, about a month before rival Disney+ does the same
Disney+ will transition its existing $7.99-per-month subscription tier to the ad-supported version, and the ad-free option will go for $10.99
German chancellor says Qatar rights improving
Applauding Qatar's rights record, Germany's Chancellor Olaf Scholz said that the gas-rich country has made progress on "questions that have...Qatar says that much of the criticism is unfair and that major reforms have changed conditions for hundreds of thousands of migrant workers
German supporters' groups have criticized Qatar but the national football federation has rejected calls to boycott the event, pointing to reforms carried out in the past few years
Jordan PM meets Iraqi, Syrian, Lebanese agriculture ministers
Jordan Prime Minister Dr. Bisher Khasawneh has a joint meeting with the agriculture ministers of Iraq, Syria and Lebanon.The Jordan PM stressed the importance of the four countries' cooperation to enhance sustainable food security.
The PM said COVID-19 pandemic and Ukraine war have affected basic commodities supply chains.
Sudan seeks investment from Qatari private sector in various sectors
Doha, Qatar - Qatar Chamber explored, with the Ruler of Darfur region in Sudan, investment cooperation and enhancing the role...Ruler of Darfur Region in Sudan, Minni Arko Minawi and Qatar Chamber First Vice-Chairman Mohamed bin Twar Al Kuwary discussed investment prospects.
Arko Minawi said that the region is rife with a host of investment opportunities in various sectors such as mining and infrastructure.
