DUBAI / WAM The Islamic Affairs and Charitable Activities Department (IACAD) in Dubai recently launched a smart donation service at the Dubai mosques, which allows users to donate money by scanning QR codes through their phones, thus replacing traditional methods and procedures of donation. This is in line with the IACAD’s commitment to Article 9 of the 50-Year-Charter, and its ...

Bloomberg China is considering measures such as direct cash infusions and mergers to bail out an airline industry crippled by the coronavirus outbreak, according to people familiar with the matter. One proposal involves allowing some of the nation’s biggest carriers — which are controlled by the state — to absorb smaller ones suffering the most from the collapse of travel, ...

Bloomberg Both firms shortlisted as potential buyers for Jet Airways India Ltd missed the bidding deadline on February 18, forcing another extension with just weeks to go until they hit a key liquidation trigger. Prudent ARC Ltd and Synergy Group Corp now have until March 9 to bid for the bankrupt airline, said a person familiar with the matter. While ...