Dubai-based Emirates airline has confirmed a restructuring of staff has seen some jobs become redundant. The airline declined to comment on the number of positions lost, but said “a very small number of staff” had been impacted. Arabian Business understands the training and recruitment division was affected after the airline decided to limit staff hiring and non-essential training, although this was not confirmed by Emirates. Impacted employees […]
Saudi Arabia’s anti-corruption body has accused executives and employees of Saudi Electricity Company (SEC) of misusing public funds, it said in a statement on Sunday referring the case for prosecution. The National Anti-Corruption Commission, or Nazaha, said it had identified irregularities in eight contracts concluded by the state-controlled utility company’s employees in Eastern Province worth more than 80 million riyal ($21.33 million), mostly involving the purchase of […]
Washington Post reporter Dalton Bennett thrown to the ground by riot police. pic.twitter.com/4I442QhEqM — Alex Emmons (@AlexanderEmmons) January 20, 2017 Dalton Bennett, a political video reporter at The Washington Post, was thrown to the ground by police today while covering the protests against President Donald Trump in Washington, D.C. According to reporter Alex Emmons, who’s covering the protests for The Intercept, Bennett was trying to record anti-Trump […]
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum , Crown Prince of Dubai and chairman of the Executive Council, on Wednesday approved the new maternity leave policy for Dubai Government employees. The policy extends maternity leave to three months paid leave, effective from March 1 and covers all governmental entities, a statement said. The amendment to the maternity leave aims to extend the compulsory fully paid maternity […]
On Tuesday morning, as they have for so many mornings now, Glenn Smith, Jennifer Berry Hawes and Abigail Darlington walked into Charleston’s District Court at 85 Broad Street with the tools they would need to tell the story. Hawes brought her 8.5-by-11-inch yellow notebook and whatever pen she had grabbed from the newsroom. Smith came ready to liveblog with his laptop and phone. Darlington planned to catch […]
It’s not exactly “Dewey defeats Truman,” but the cover of Thursday’s Express, The Washington Post’s free publication, is a doozy. The cover, which leads with the origins of this year’s Women’s March on Washington, shows people scattered into a well-known symbol. The problem? It’s the wrong symbol. Mid-morning Thursday, Express tweeted an apology: We made a mistake on our cover this morning and we’re very embarrassed. We […]
A poll of 60 staff members of The National resulted in useful travel hacks, such as low-fare flights with flexible date options, hassle-free packing, and convenient add-ons, that can make your holiday a more cheerful, potentially cheaper experience. newslide Be flexible The prices of flights and hotel rooms varies a lot depending on demand, so compare prices, choose less busy dates and even be willing to alter […]
Hamil Harris, who has been a staff writer at The Washington Post for more than two decades, is leaving the newsroom. The departure was announced on Tuesday in a memo by local editor Mike Semel, who called Harris “a presence at virtually every major news event in the Washington area for the past 24 years.” Harris covered the attack on the Pentagon on 9/11, anchored coverage of […]
Can you imagine a bank where artificial intelligence runs checking accounts, debit cards, and wire transfers? Image: Getty Images/iStockphoto The Milan-London startup connection is getting stronger. After MoneyFarm and Soundreef, yet another promising Italian startup, Euklid, is opening up shop in the UK capital, moving its headquarters to be part of the city’s vibrant ecosystem. The team selected London’s Level39 fintech accelerator as its new center of […]
Today we learn of yet another campus full of disaffected Hillary snowflakes who were triggered by a post-it note suggesting that they should stop whining about the election and just “suck it up, pussies.” This latest example comes to us from Edgewood College in the ultra-liberal bastion of Madison, Wisconsin via Campus Reform. Apparently the simple post-it note was determined to be a “hate crime” by the […]
The internet trend where people are frozen in action has made it to Dubai, where Emirates’ engineering team take a moment to strike a pose. The National
|By Arabian Post Staff| The UAE has started the process of staffing the Federal Tax Authority, which will be responsible for the implementation of the proposed federal tax system, beginning with the introduction of VAT. The Ministry of Finance is scouting around for a Compliance and Enforcement Director, who will help maximise Federal tax revenues through the development and implementation of compliance and enforcement strategies. Deloitte LLP […]
Deloitte Middle East hires 700 new staff BEIRUT, 2 days ago Deloitte Middle East, a leading provider of audit, tax, consulting, and financial advisory services, hired 700 new people this year while continuing to deliver double digit growth, said the company’s chairman and chief executive. “The firm is also investing heavily in its internal systems and in developing world-class expertise in such areas as cyber security, Private […]
An exodus of senior executives and staff at India’s second largest IT outsourcing firm, Infosys Ltd, could hamper efforts to win lucrative contracts in the United States and Europe, and weigh on its profit growth outlook for this year. Nearly a fifth of the workforce had left the company in the quarter ended December following the return from retirement of founder N.R. Narayana Murthy in June to […]
|By Rory Jones, Doug Cameron | The head of Emirates Airline said Tuesday that establishing a U.S. Customs post at its Dubai hub could create a logistical nightmare, just as the world’s largest carrier of international passengers ramps up for fresh expansion to North America. The U.S. Customs and Border Protection agency in January opened a post in Dubai’s neighbor, Abu Dhabi, to allow passengers there to […]
HSBC will announce staff bonuses totaling just under 2.4 billion pounds ($4 billion) globally for 2013 and is expected to report a significant rise in pretax profit, Sky News reported on its website on Saturday without citing its sources. Referring to an unnamed source close to the bank, Sky also said Chief Executive Stuart Gulliver will receive a 1.8 million pound bonus as part of an overall […]
The executive suite is not the only place that is greying in India’s 40-year-old information technology sector. As the $108 billion industry enters middle age and its growth slows, the three-million-strong workforce is also getting older, making it harder to extract some of the cost advantages of the young, cheap labour for which it is known. Firms have had to change in order to attract and support […]
A U.S. government shutdown means President Barack Obama will have fewer people to cook meals, do the laundry, clean the floors or change the light bulbs, according to a White House contingency plan. About three-fourths of president’s 1,701-person staff would be sent home. The national security team would be cut back, fewer economists would be tracking the economy and there wouldn’t be as many budget officials to […]
Arabian Post Staff – In a move signalling India’s growing thirst for diversifying its crude oil sources, Reliance Industries, the nation’s refining giant, has made a historic foray into the trading of West Texas Intermediate (WTI) Midland crude. This marks a significant development for Reliance, owner of the world’s largest refining complex at Jamnagar, and is indicative of a trend where Indian refiners are increasingly looking beyond […]
Arabian Post Staff – The Dubai Financial Market (DFM) has joined forces with the Swiss Exchange, SIX, in a strategic partnership designed to expand investment opportunities for companies listed on both exchanges. This collaboration, announced during the Dubai Capital Market Summit, aims to streamline the process for companies seeking dual listings, essentially allowing them to trade their shares on both the DFM and the SIX. The agreement […]
Arabian Post Staff – Saudi Arabia’s financial sector is undergoing a significant transformation,with the kingdom setting its sights on attracting a surge of foreign investment.A recently unveiled report,the 2023 Financial Sector Development Program (FSDP),outlines a series of ambitious goals aimed at enhancing the appeal of the Saudi stock exchange to international investors. One key objective is to increase foreign ownership of free float shares to 17% by […]
Arabian Post Staff – Microsoft’s recent $1.5 billion investment in G42, a leading artificial intelligence (AI) and cloud computing company in Abu Dhabi, has cast a bright light on the United Arab Emirates’ (UAE) growing prominence in the global AI landscape. This move by the tech giant signifies not only Microsoft’s belief in G42’s potential but also the UAE’s ambitious strides towards becoming a major AI hub. […]
Arabian Post Staff – Dubai International Airport (DXB), a titan among global aviation hubs, could be facing retirement as the emirate sets its sights on a future dominated by a new mega-airport. Dubai Airports CEO Paul Griffiths hinted at the possibility of DXB’s closure in a recent interview, citing the impending completion of a new passenger terminal at Al Maktoum International Airport. Al Maktoum, boasting a capacity […]
Arabian Post Staff – Abu Dhabi’s property market is experiencing a surge in interest, particularly for luxury apartments and villas. This trend is being driven by an influx of global investors seeking a foothold in the Emirate’s thriving real estate sector. Data from Bayut, a leading UAE property portal, indicates that upscale neighborhoods have witnessed the most significant price increases, with sales prices for luxury properties rising […]
Arabian Post Staff As much as 20 percent of the UAE population have shifted to online shopping during the last few years, a conference on e-commerce in Dubai was informed. This raises the online shopping population from 4.5 million in 2019 to 6.5 million in 2023, that is accelerating the growth of the UAE’s US$83.5 billion (Dh306.6 billion) retail sale. The overall UAE retail market size was […]
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Arabian Post Staff Etihad Airways announced a net profit of AED 525 million (U.S.$ 143 million) for the full year 2023, underscoring a strong financial performance and effective operational strategy. The airline reported AED 1.4 billion (U.S.$ 394 million) operating result, driven by AED 4 billion (U.S.$ 1.1 billion) year-on-year growth in passenger revenue, while decreasing unit cost excl. fuel by seven per cent, marking a significant […]
Arabian Post Staff Dubai is set to witness its first initial public offering (IPO) of 2024, with Parkin, the emirate’s Roads and Transport Authority (RTA) parking division, taking center stage. This move follows the successful privatization initiatives of Dubai, where government entities like Salik (toll roads) and Dubai Taxi witnessed significant investor interest and oversubscription during their respective IPOs in 2022. Parkin’s IPO, slated to begin accepting […]
Arabian Post Staff Dubai is poised for a surge in tourism, thanks to a recent relaxation of visa regulations by the UAE. In a move aimed at attracting visitors and boosting the local economy, the UAE introduced a new five-year multiple-entry visa specifically for tourists. This visa allows visitors to enter the country multiple times within a five-year period, with each stay lasting up to 90 days […]
Arabian Post Staff A new trend is taking root in Dubai’s real estate sector: short-term rentals. These vacation homes and apartments, often managed through online platforms like Airbnb, are gaining traction, offering both opportunities and challenges for investors and the industry as a whole. The rise of short-term rentals is fueled by several factors. Firstly, Dubai’s tourism boom shows no signs of slowing down. With Expo 2020 […]
