UAE: Parents of school students to get flexible hours once schools reopen

UAE: Parents of school students to get flexible hours once schools reopen

Dubai: Federal Authority For Government Human Resources (FAHR) issued a circular on Thursday to all ministries and federal entities, to grant their employees who have children in the school flexibility in attendance on the first day of school. Parents of kindergarteners or nurseries are to be be granted flexible attendance in the first week of […]

Indian farmers driven to debt as banks turn risk-averse during pandemic

Indian farmers driven to debt as banks turn risk-averse during pandemic

A farmer sprays insecticide in his corn field in Kolkata, India, February 1, 2020. Image Credit: Reuters Mumbai: Last month, Dnyaneshwar Siddhanth, a farmer from India’s western state of Maharashtra, was in desperate need of money to buy seed and fertiliser as the monsoon sowing season approached. But after being rejected by his bank for a […]

Dubai’s Five Holdings to take over former Atlantis hotel in Zurich

Dubai’s Five Holdings to take over former Atlantis hotel in Zurich

Dubai: Let’s not get too distracted by the COVID-19… The Dubai hospitality company, Five, which owns and manages properties on the Palm and Jumeirah Village, confirmed it will take on another – in Zurich. Once home to Freddie Mercury, Grace Jones, Mohammed Ali and Rihanna, the former Atlantis hotel is one of Zurich’s most prestigious. […]

Delivery Hero to buy Mideast grocery app InstaShop

Delivery Hero to buy Mideast grocery app InstaShop

Delivery Hero SE has agreed to buy InstaShop at a $360 million valuation expanding the Berlin-based food-delivery’s grocery service in the Middle East and North Africa. Delivery Hero will initially pay $270 million and is deferring the rest until the company hits growth and profitability targets in coming years, the company said in its half-year […]

IPL in UAE: Delhi Capitals coach Ricky Ponting touches down in Dubai

IPL in UAE: Delhi Capitals coach Ricky Ponting touches down in Dubai

Delhi Capitals head coach Ricky Ponting has arrived in Dubai ahead of the upcoming Indian Premier League (IPL) 2020. The former Australia skipper and cricketing legend touched down in the UAE on Thursday and was snapped by the team in their hotel before undergoing his isolation period. “Welcome to Dubai, @RickyPonting,” Delhi Capitals tweeted. Earlier […]

Rolls-Royce targets asset sales to boost pandemic-hit finances

Rolls-Royce targets asset sales to boost pandemic-hit finances

Chris Ratcliffe | Bloomberg | Getty Images British aero-engines maker Rolls-Royce plans to sell Spanish unit ITP Aero and other assets to raise at least 2 billion pounds ($2.6 billion) to boost a balance sheet shattered by the travel slump brought on by the coronavirus pandemic. Rolls-Royce also said on Thursday finance chief Stephen Daintith had resigned to move to […]

Man stabs workmate to death after a heated argument in Dubai

Man stabs workmate to death after a heated argument in Dubai

Dubai: A man has been charged with stabbing his workmate to death over a heated argument in Dubai. Dubai Court of First Instance heard on Thursday that the 23-year-old Nepali worker allegedly used a knife to stab the victim on the shoulder from behind. He was charged with premeditated murder. Prosecutors said the defendant killed […]

WPP declares interim dividend and beats dire forecasts

WPP declares interim dividend and beats dire forecasts

Mark Read, CEO of WPP Group, the largest global advertising and public relations agency, poses for a portrait at their offices in London, Britain, July 17, 2019. Toby Melville | Reuters The world’s biggest advertising company WPP said it had resumed its dividend as a sign of confidence after cost cuts and a switch to faster […]