BLOOMBERG Five months after being pulled into the rescue of Credit Suisse, UBS Group AG’s decision to break free of a government backstop is set to accelerate the historic takeover of its smaller rival. Switzerland’s biggest bank said it will voluntarily end a safety net negotiated as part of its purchase of Credit Suisse, including a 9 billion-franc ($10.3 billion) …

DUBAI/ GULF TIME: O! Millionaire, the foremost provider of an environmentally conscious draw, marked a significant milestone in its 64th episode, where the Grand Prize reached a staggering AED81.5 million. The last draw, with hosts Maradona Rebello and special guest Mark Ilano, a prominent Filipino blogger and influencer, added an extra dose of excitement and fun to the event. During …

ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi (DCT – Abu Dhabi) has reduced government fees applied to hotels in the emirate, supporting the continued growth of the hospitality and tourism sector, and enhancing Abu Dhabi as a leading global leisure and tourism destination. The government fee amendments include reducing a tourism fee issued to …