Arabtec Holding said to hire AlixPartners for debt advisory

Author:  article author:  Reuters Fri, 2020-09-25 02:31 DUBAI: Dubai-listed contractor Arabtec Holding has hired advisory firm AlixPartners to help it restructure the company’s debt, two sources familiar with the matter said.…

UAE central bank backs anti-money laundering

article author:  Reuters Fri, 2020-09-25 02:22 DUBAI: The UAE central bank has said that banks should increase anti-money laundering efforts to safeguard financial stability in the country. “To mitigate the…

World on track to overshoot warming limit without massive investments

article author:  Reuters Fri, 2020-09-25 02:01 LONDION: The world must combine COVID-19 recovery packages with massive investments in renewable energy and low-carbon infrastructure or it will fail to meet a…

The seductive new Ghost — a Rolls-Royce for the pandemic era

article author:  Frank Kane Author:  Thu, 2020-09-24 20:08 DUBAI: A Rolls-Royce for the COVID-19 era might be an incongruous idea, but that is what the luxury car maker has made…

‘Growing momentum’ behind efforts to limit carbon emissions: IEA

article author:  Frank Kane Author:  Thu, 2020-09-24 19:04 DUBAI: There is “growing momentum” to global efforts to accelerate carbon capture, use and storage (CCUS) techniques to help the world meet…

President urges end to ‘blood-letting in Yemen’

Author:  Zaynab Khojji article author:  Arab News ID:  1600965026512792100 Thu, 2020-09-24 19:51 LONDON: The Iran-backed Houthi militia must stop blocking much-needed aid and UN access to the Safer tanker, Yemen’s…

Iran’s coronavirus death toll rises above 25,000

Author:  Reuters article author:  Reuters ID:  1600944271540752200 Thu, 2020-09-24 10:38 DUBAI: Iran’s death toll from the novel coronavirus rose by 175 to 25,015 on Thursday, the highest in the Middle…

Abu Dhabi raising the bar for sporting events as Fight Island 2.0 kicks off on Saturday

article author:  Ali Khaled Thu, 2020-09-24 13:25 DUBAI: Dana White’s tweet had summed it up. “They’re light years ahead of everybody else in what’s going on with COVID, so it…

UAE resumes issuing visas to foreign visitors

article author:  Arab News Reuters Author:  Thu, 2020-09-24 13:19 DUBAI: The UAE has started issuing entry permits to the country again, starting Sep. 24 but work permits are still on…

German economy rebounding, faces risk from virus resurgence

article author:  AP Author:  Associated Press ID:  1600942223770641400 Thu, 2020-09-24 10:01 FRANKFURT: A widely watched indicator of German business confidence has risen for a fifth month in a row as…