Editorial Director of Khaleej Times, is a well-connected Indian journalist and an economic and financial commentator. He has been in the UAE's mainstream journalism for 35 years, including 23 years with Khaleej Times. A post-graduate in English and graduate in economics, he has won over two dozen awards. Acclaimed for his authentic and insightful analysis of global and regional businesses and economic trends, he is respected for his astute understanding of the local business scene.
New rules would lead to liquidity squeeze in physical demand, leading to higher spot prices
The move is part of the initiatives underway to strengthen the UAE’s anti-money laundering and combating terrorism financing drive.
The National Companies Law Tribunal approved the resolution plan for the embattled airline which was forced to stop operations amid mounting losses to the tune of Rs80 billion
The Central Bank has projected gradual economic recover during 2021 and 2022 from the repercussions of the Covid-19 pandemic.
IHS Markit forecasts that with six per cent growth this year the global economy will post its biggest expansion in nearly 50 years
Rashed Lahej Al Mansouri, director-general of the General Administration of Abu Dhabi Customs, said his department recorded more than 1.093 million digital customs transactions in 2020.
The consortium, which includes Murari Lal Jalan, a UAE-based investor, expects to restart operations of the defunct airline in four to six months.
Amazon and Apple are the world’s most valuable brands, while Tesla is the fastest growing among the super-brands with a 275 per cent rise in value, according to a global ranking by Kantar’s BrandZ.
Aramco continues to hold a 51 per cent majority stake in the subsidiary and retains full ownership and operational control of its stabilised crude oil pipeline network.
Vendors may have no choice but to pass on costs to consumers