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UAE leadership has welfare of labour at heart: Sheikh Nahyan

ABU DHABI / WAM The UAE leadership spared no effort in ensuring welfare of workers even under the current circumstances, said Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance. In a statement to mark the International Labour Day, Sheikh Nahyan said the UAE leadership has given a priority to the workers’ welfare, adding that the ‘Don’t Worry’ initiative launched ...

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Hypermarkets in UAE see 78% surge in contactless payments

Dubai / Emirates Business Samsung Gulf Electronics is encouraging UAE consumers to switch to safer alternatives such as mobile wallets to minimise potential hygiene issues while making purchases in stores. Samsung Pay, the brand’s mobile payment service, offers customers a convenient way to purchase anything through contactless payments in every corner of the country safely and securely. Mobile wallet transactions ...

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India’s Reliance Industries profit falls 39%

Bloomberg Stay-at-home orders across the world drove India’s most profitable oil refiner’s net income down 39%. Reliance Industries’s earnings slumped in the three months through March as lockdowns slammed oil prices and destroyed demand for fuels, hitting its mainstay refining business. The oil-to-chemicals business posted the biggest profit drop in nearly two decades, and prompted its chairman and Asia’s richest ...

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