DUBAI / WAM The number of customs declarations carried out by Dubai Customs had reached 78 percent of the overall transactions carried out by the customs authority. According to a press statement, out of the total of 9.6 million transactions undertaken by Dubai Customs in 2018, 7.5 million were customs declarations. Around 98 percent of these declarations were completed in ...

Bloomberg For SoftBank Group, $100 billion isn’t enough. The Japanese conglomerate, which has reshaped the technology startup landscape with its Saudi-backed Vision Fund, is in talks with investors to add as much as $15 billion more to its already-massive fund, said people familiar with the discussions. In about two years, the Vision Fund has invested more than $70 billion in ...

Bloomberg Tata Steel Ltd’s Indian steel output rose to a record in its latest financial year thanks to its 2018 acquisition of Bhushan Steel Ltd assets, potentially making Tata the country’s biggest producer. Production rose 35 percent to 16.79 million tons in the year ended March 31, as Bhushan Steel added 4.2 million tons to output, the Mumbai-based company said ...