Recent Posts

‘Armed Forces a source of pride to all Emiratis’

Abu Dhabi / WAM Mansour Ibrahim Al Mansouri, Director-General of the National Media Council (NMC), said the UAE Armed Forces represent the glories of the nation and are a source of pride to all Emiratis. In a statement he made on Saturday to mark the 42nd anniversary of the Armed Forces Unification Day, Al Mansouri said, “the UAE people remember ...

Read More »

Total back to drill in South Africa as fuel network grows

Bloomberg French energy giant Total SA plans to boost oil exploration and open more fuel stations in Africa’s most industrialized country. Total pumped a record amount of oil and gas in the first quarter and expects output growth to exceed its 6 percent target this year thanks to acquisitions and new projects from the Arctic to West Africa. In South ...

Read More »

Flipkart board approves selling 75% stake to Walmart for $15bn

Bloomberg The board of Flipkart Online Services Pvt has approved an agreement to sell about 75 percent of the company to a Walmart Inc.-led group for approximately $15 billion, according to people familiar with the matter, an enormous bet by the American retailer on international expansion. Under the proposed deal, SoftBank Group Corp. will sell all of the 20-plus percent ...

Read More »
Send this to a friend