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Richard Branson is considering selling more than a quarter of his stake in Virgin Galactic Holdings Inc., a move that would provide about $500 million to support his broader Virgin business empire.
Branson’s Virgin Group may sell as many as 25 million shares in the space-travel firm, with the proceeds going to his leisure and travel businesses, a
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UAE fuel and convenience retailer Adnoc Distribution saw profit’s dip 30.9 percent as a result of provisions and a revaluation of inventory stock, the company has announced.
According to newly released results, the company’s profits for the quarter ending on March 31 totalled AED 400 million.
Revenues, however, rose 3.6 percent to AED 4.93
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The UAE is actively encouraging Emiratis to become nurses in the healthcare sector
Nurses have played a ‘vital’ role in combating the ongoing Covid-19 pandemic and in the UAE’s wider health sector, the Ministry of Health and Prevention (MoHAP) said in a statement marking International Nurses Day.
In a message marking the occasion – w
Oil edged higher as signs of a recovery in demand continued to surface following the easing of virus-led lockdowns in some regions, while Saudi Arabia pledged to cut production further.
Futures rose 1% in New York after falling Monday. Pockets of fuel demand are starting to emerge in India and China, and while a huge glut remains, global stockpile
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Etihad said it will start weekly transit flights from London to Melbourne on May 21, also on once-a-week basis
Etihad Airways will resume transit flights from Melbourne to London from this Friday, operating on a weekly basis.
The Abu Dhabi carrier said passengers travelling from Melbourne will remain on board the aircraft when it lands
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