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Rising fuel costs are a jeopardy for Indian businesses  - Dotemirates
2 month 3 week

Rising fuel costs are a jeopardy for Indian businesses 

Zuzer Lucknowala is worried about the price of oil. His wedding and events company is feeling the heat from rising fuel costs in India, which has significantly pushed up the amount he has to spend to transport supplies to events he caters for, cutting right through his profit margin. “Fuel price increases have forced us back to the drawing board,” says Mr Lucknowala, who is the chairman and managing director of Party Cruisers in Mumbai. “There’s a jeopardy in accepting and absorbing the cost upsurge.” Mr Lucknowala is not alone in sounding caution: soaring fuel prices are a growing worry...


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York Increases the number of its technicians by 25% during Haj

JEDDAH — Al Salem Johnson Controls “York” revealed that it has increased the number of it technicians working at Al-Masjid Al-Haram cooling stations and inside the Holy Mosque by 25%, during Ramadan, Umrah and Haj seasons, for preventive maintenance and immediate handling of emergencies, to ensure the safe and efficient operation of the chillers and air handling units. The company is proud of its role in the operation and maintenance of Al-Masjid Al-Haram cooling stations for the fourth year in a row. The York chillers located in the two cooling stations are designed and customized to meet the requirements of...
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She leads a venture capital firm with a difference

With a habit of thinking out of the box and an experience of over a decade in fund raising and investment, it was quite natural for Andreea Danila to come up with the idea of Millennial Capital."I founded Millennial Capital in early 2016 with the aim to deliver an out-of-the-box solution to the existing private equity and asset management approach in the region," says Andreea, founder and managing director of Millennial Capital.Millennial Capital is the first specialist consumer-focused venture management firm in the region which promotes the partnership model targeting international brands looking to enter the GCC."My vision was to...
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Third session of "UAE-Ukraine Joint Committee" begins in Kiev

KIEV, 16th August, 2018 (WAM) -- The third session of the "UAE-Ukraine Joint Committee" started today in the Ukrainian capital, Kiev, and will continue for two days. The committee’s ministerial meeting will be held tomorrow, and the UAE’s delegation will be headed by Dr. Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, while the Ukrainian delegation will be led by Igor Nasalyk, Minister of Energy and Coal Industry. The preparatory meeting of the committee’s senior officials, which was held today, was headed by Mohammed Sharaf, Assistant Minister of Foreign Affairs and International Cooperation for Economic and Trade Affairs,...

3 hour 6 minute

China July new loans stronger than expected

Chinese banks extended 1.45 trillion yuan ($210.69 billion) in net new yuan loans in July, above analysts' expectations, as a growing trade battle with the United States threatens to pile more pressure on the slowing economy. China's policymakers have been pumping in more cash to encourage banks to lend to struggling firms, but there are signs that lenders are turning cautious as defaults rise, complicating efforts to channel money to sectors that need it. Moreover, some China watchers fear Beijing's shift in focus to supporting growth may spell a return to its credit-fuelled spending binges of the past, undercutting a...
3 hour 7 minute

Are you buying car insurance online? Check this first...

Thinking of buying your car insurance online, but don't know where to start? Let us walk you through the process of acquiring a car insurance policy online and how, keeping a few important things in mind, it can be a rewarding experience. Trying to navigate through the exhaustive information on car insurance products available online can be challenging. Before you lose yourself in the facts and figures, read on to fully understand the process, features, benefits and conditions associated with purchasing car insurance online so you can make an informed choice. Why buying online is smart The online platform for...
3 hour 10 minute

Celebrate Eid Al Adha holiday at Ritz-Carlton, Riyadh

RIYADH — The Ritz-Carlton, Riyadh invites families and friends to celebrate one of the most anticipated holidays in the world. Staycation lovers need not to travel far and experience hotel indulgence as the lavish five-star hotel in Riyadh still has an ongoing summer stay offer with savings up-to thirty percent. This holiday break is also a great time for gentlemen to pamper and relax as we offer forty percent savings in one of our best-seller treatments, Royal Extravaganza. Guests will enjoy a complete head-to-toe treatment including full body exfoliation, followed by hydrating body massage and mini oxygen facial mask. Famous...