AI Will Create More Jobs In 2020 Than Eliminating
White-collar workers will be first impacted and then blue collar, industry expert says Read more
Atlantis Opens $1.6 Billion Hotel In China
The 540,000 square metre hotel, the third Atlantis in the world, opened on Hainan Island in February Read more
Dubai Wholesale City Inks Dh300 Million Deal With LuLu Group
The retailer agreed to open a logistics hub at the wholesale city Read more
Libyas Biggest Oil Field Sharara Is Said To Resume Production
Libya was producing 1.1 million barrels a day as of March 1, with Sharara contributing 300,000 of that Read more
Union Coop Posts Record Profit
The consumer cooperative recorded its largest profit since 1982 Read more
Profit Growth Represents Strong Start To 2018 For Regions Hotels
The region’s hotels also saw their revenue per available room increase, albeit marginally Read more
Dual-listed Shares Witness Buying In Quiet Dubai Market
First Abu Dhabi Bank, which will go ex-dividend on Tuesday, may weigh on Abu Dhabi index Read more
Indias Telco, Aircel, Files For Bankruptcy Cover Over $7.7b Dues
Mobile carrier Aircel Ltd owes about Rs150 billion to secured financial creditors and the rest to operational unsecured ... Read more
UK Watchdog Fines Ex-Deutsche Bank Trader Over Libor
Guillaume Adolph has been fined £180,000 for ‘improperly influencing’ quotes used for the Libor interest rate bench... Read more
China Keeps Growth Target At 6.5%, Stays Focused On Financial Risks
Pledges to continue crackdown on risks in financial system Read more
Insurer AXA Agrees To Buy XL Group For Around $15b
Deal strengthens AXA’s property and casualty insurance business; AXA shares fall 5% Read more
Egyptian Exchange To Launch Derivatives Soon
The bourse is expecting 5-6 Initial Public offerings from the private sector this year Read more
UAE May See Public Listing Of Four Companies This Year
The companies mainly belong to aluminium, electricity, services and financials Read more
Egypt Commits 1,000 Sq Km In South Sinai To Saudi Mega-city
Part of $10b joint investment fund with Riyadh; Saudi to work with Egypt, Jordan to attract European cruises Read more
DGCX Plans To Introduce Sharia-compliant Gold Product
The first ever Sharia compliant spot gold contract to go live on March 29 Read more