Monday , July 23 2018


UAE-China relations: Continuing historic successes, developments

ABU DHABI / WAM The UAE has excellent diplomatic and economic relations with China which are based on mutual cooperation, and is also keen to promote regional and international communication, to help create a bright future and achieve global security, peace and stability. Political Relations The Founding Father of the ...

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Private sponsors can renew Daman basic health insurance online

Abu Dhabi / WAM The National Health Insurance Company, Daman, has launched a new service that allows private sponsors to renew health insurance policies of family members and domestic staff online. The service is a significant upgrade over previous iteration, launched in 2016, which limited renewals to sponsored employees in ...

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Reliance to borrow $6bn in consumer push

Bloomberg Reliance Industries Ltd., India’s second-largest company by market value, plans to raise about $5.8 billion in fresh debt this financial year as it expands its consumer businesses, according to people familiar with the matter. The billionaire Mukesh Ambani-led company will raise funds through loans and bonds, mostly in the ...

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Swatch’s highest profit since 2015 gets boost from Asia

Bloomberg Swatch Group AG, the maker of Omega and Tissot timepieces, reported the highest first-half profit in three years, fuelled by Asian demand and market share gains across its collection of 18 brands. Operating profit rose 70 percent to $628 million, the Biel, Switzerland-based company said in a statement. Analysts ...

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