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Economics

Infinix launches feature-rich phone for budget price

Chinese firm targets a new generation of customers Image Credit: Journalists taking a closer look at Infinix’s Zero 5 smartphone at an event held in Dubai.Naushad K. Cherrayil/Staff Reporter Dubai Infinix Mobility unveiled its flagship model – Zero 5 – in Dubai on Tuesday as part of its global launch. …

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Dubai International Motor Show: Live coverage

Live coverage of the news and launches from the region’s most coveted automobile show Latest Dubai International Motor Show showcases quite a few models that are due to reach the showrooms shortly. Follow our coverage of the event. With inputs from Manoj Nair, Associate Editor Benz collection   Oldies from …

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The small is winning over new converts for Mercedes-Benz

Dubai: Small and the curvaceous are doing just fine at Mercedes-Benz’s operations in the Middle East. Even with the prevailing weak consumer sentiments, Merc is winning over a new-generation of owners, and especially among the young – needless to say – upwardly mobile. Models such as the A-Class, the GLA …

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Passenger 'tries' to hijack Jet Airways flight

Suspect has reportedly been detained following the incident Image Credit: File A Jet Airways flight was preparing to leave Cochin airport when a passenger announced a hijack. Dubai: A passenger plane in India encountered a major delay on Monday after a flyer allegedly attempted to hijack the aircraft. Jet Airways …

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Kazakhstan seeks to learn Dubai lessons

The UAE pavilion at Expo 2017 Astana. DUBAI Kazakhstan’s bid to become a regional finance centre and fintech hub for Central Asia is deeply influenced by Dubai, said Astana International Finance Centre (AIFC) governor Kairat Kelimbetov. The influence is so great that Kelimbotov referred to Astana’s model as a “copy-paste” …

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Emirates airline profits more than double to Dh1.7b

Jump in profits driven by strengthening of currencies against US dollar and improved seat load Image Credit: XDubai In a statement on Thursday, the carrier said its revenues for the first half of the 2017-2018 financial year reached Dh44.5 billion, up 6 per cent year-on-year. Dubai: Emirates airline’s profits more …

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New iPhone bug: How users can fix it

A number of issues have affected iPhone users after the latest iOS update. Dubai: There’s a new bug affecting iPhone users around the world: they are unable to type the letter “i.” People who have updated to Apple’s latest mobile operating system, iOS 11, have quickly realised that every time …

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UAE opens online VAT registration ahead of Jan 1 launch

Online registration for Value Added Tax (VAT) is now open in the UAE ahead of the tax’s introduction in January 1, 2018, according to the UAE Federal Tax Authority (FTA). Accessible through the FTA’s website, the service will facilitate registration procedures for business which are subject to the tax in …

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India now has 218,600 millionaires: Capgemini

The number of millionaires in India has increased by 9.5 per cent. Dubai: India remains one of the biggest producers of super-wealthy residents in Asia, with the number of high-net-worth individuals (HNWIs) in the country now reaching more than 218,000, according to the latest data. The new 2017 Asia-Pacific Wealth …

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