The number of jobless claims rose by 70,000, but several sectors are ramping up hiring even as the coronavirus pandemic creates layoffs Amazon plans mass hiring. Many employees in the U.S. are holding their breath, waiting to see if their jobs will be the next to disappear as authorities order businesses to close and residents […]
Etihad Airways Credit permits a free cancellation and offers the original value of a booking to be used as credit towards their next trip Etihad Airways said on Thursday it is introducing Etihad Credit to give passengers the freedom to delay their travel plans as the coronavirus crisis continues to grip the world. Etihad Credit […]
Qatar Airways is in talks to acquire a 49% stake in state-owned RwandAir and is “keen to invest” in Indian low-cost carrier IndiGo when the time is right, the Gulf carrier’s chief executive Akbar Al Baker disclosed today. During an appearance at the CAPA Qatar Aviation Aeropolitical and Regulatory Summit in Doha, livestreamed via Qatar […]
ZA Bank, the first of the eight firms with a licence to launch a digital bank in Hong Kong, is to deploy payments software from Fiserv as it gears up towards a live launch.ZA, established by ZhongAn Technologies International, launched the city’s first digital-only bank in December as a pilot, and is offering 6% for […]
Goldman Sachs Group Inc (GS.N) plans to raise $8 billion in only its second buyout fund since the 2008 financial crisis, bolstering its ability to secure deals worldwide, said two people with direct knowledge of the matter. Undeterred by a coronovirus epidemic in China that has cast a shadow over the global economy, the Wall […]
Over the weekend, the Emirates News Agency reported that the UAE’s Ministry of Health and Prevention (MoHAP) launched a blockchain platform for storing healthcare and pharmaceutical data. The platform has been developed in collaboration with the Ministry of Presidential Affairs, Dubai Healthcare City, and other health authorities in the country. It is part of MoHAP’s […]
Korean operator SK Telecom says it has managed the world’s first standalone 5G data session on a multi-vendor commercial 5G network. Single vendor set-ups are increasingly out of fashion within the telecoms world, with the traditional wariness regarding vendor lock-in combined by geopolitical uncertainty that threatens to compel the exclusions of certain vendors that shall […]
Oil prices jump after Iran attacks bases housing US troops that sparked fears of all-out war between Iran and America. US crude was last up more than 1.2% to over $63 a barrel, coming down slightly from a 4% spike earlier. Brent crude, a global oil benchmark, was last up 1.6% to about $69 a […]
UAE telecom operator Etisalat has partnered with Ribbon Communications to launch CloudTalk – a secure and scalable cloud-based, business unified communication and collaboration solution for small and medium businesses (SMB) and enterprise customers in the UAE. CloudTalk’s integrated communication solutions – launched for meeting customers’ internal and external communication and collaboration requirements – is delivered to […]
A study conducted by global real estate consultancy called as the JLL, reveals that the commercial real estate transaction volumes in the third quarter has reached a records breaking high level in the Asia Pacific region. This year to date activity established a new high of US $ 128 billion. Countries in the Asia Pacific […]
Dubai – Smart Dubai has signed a partnership agreement with real estate portal Property Finder to promote the use of advanced technologies to enhance people’s real estate journey Smart Dubai first announced plans to partner with Property Finder in April 2019 as it launched the Dubai Data Private Sector Strategy and Policy, with the objective […]
Citi appears to have downplayed Google’s involvement in the new checking account, which is set to launch next year and announces the internet giant’s much-expected move into banking services. The US bank sees the association with Google as a key selling point in launching a digital bank account into a crowded and complex market but will be […]
PayPal has agreed its largest ever acquisition – a $4 billion deal to buy Honey Science Corporation, the firm behind a browser extension and app that helps people find online shopping rewards and deals. Founded in 2012, Honey is best known as a popular discovery tool that helps consumers find savings as they shop online. […]
UAE’s new low-cost airline ‘Air Arabia Abu Dhabi’ will start operations from the Capital in the first half of next year, said Tony Douglas, CEO of Etihad Aviation Group, on Monday. Speaking on the sidelines of a press conference at Dubai Airshow on Monday, Douglas refused to disclose the inaugural flight date or destination for […]
OPay, the startup behind one of Nigeria’s leading mobile payments services, has raised $120 million in a Series B funding round joined by a host of Chinese investors. The round – which comes on the heels of a $50 million round in June – was joined by Meituan-Dianping, DragonBall Capital, GaoRong Capital, Source Code Capital, […]
