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    Qatar-based Al-Abdullah Group bets big on Kabira Mobility

    by NewsdeskArab NewsBUSINESSEconomyMarch 21, 2023March 21, 2023

    In line with its growth strategy, Kabira Mobility is intensifying and reinforcing its dedication to innovation and investing in research and development for its products…reports Asian Lite News Kabira Mobility…

    Renault Nissan inks deal with Kamarajar Port

    by NewsdeskBUSINESSEconomyMarch 21, 2023March 21, 2023

    The Renault Nissan Alliance was the first car manufacturer in the region to commence exports of cars through Kamarajar Port….reports Asian Lite News The Renault Nissan Alliance has signed an…

    Swiss banking giant UBS to buy Credit Suisse

    by NewsdeskBUSINESSEconomyMarch 21, 2023March 21, 2023

    The combination is expected to create a business with more than $5 trillion in total invested assets and sustainable value opportunities…reports Asian Lite News Credit Suisse will be taken over…

    Banking fears spread across global markets

    by NewsdeskBUSINESSEconomyMarch 16, 2023March 16, 2023

    Shares of embattled Swiss lender Credit Suisse were down by more than 20 per cent after its biggest shareholder chose not to increase funding…reports Asian Lite News The US’ Dow…

    Al Marri: UAE supports efforts for economic integration

    by Newsdesk-Top NewsEconomyUAE NEWSMarch 15, 2023March 15, 2023

    The Minister of Economy added that the UAE reinforced its ability to serve as a strategic partner to India by establishing itself as a leading provider of logistics…reports Asian Lite…

    Bank failures hammer global crypto market

    by NewsdeskBUSINESSEconomyTECHNOLOGYMarch 14, 2023March 14, 2023

    Two crypto-friendly banks Silvergate Capital and Signature Bank collapsed last week, and billions of dollars belonging to crypto exchanges got stuck….reports Asian Lite News The collapse of three banks in…

    Job cuts to hit education sector

    by NewsdeskBUSINESSEconomyEDUCATIONMarch 6, 2023March 6, 2023

    Edtech companies laid off most employees, with 18 edtech startups firing more than 8,200 workers…reports Asian Lite News Top chief financial officers (CFOs) have warned about job cuts across the…

    Amazon in a cost cutting blitz

    by NewsdeskBUSINESSEconomyTech LiteMarch 6, 2023March 6, 2023

    Amazon recently laid off 18,000 employees among its corporate workforce, after cutting a number of employees in November last year…reports Asian Lite News As it cuts costs across the verticals…

    Uncertainties in post Covid economic recovery 

    by NewsdeskBUSINESSCOVID-19EconomyMarch 5, 2023March 5, 2023

    Domestically, consumption momentum is clearly fading, and capex could follow suit amid slowing prices, rising cost of capital and slowing consumption and exports, it added…reports Sanjeev Sharma Overall, post-Covid economic…

    Al Zeyoudi: Trade leadership key to UAE’s rise

    by Newsdesk-Top NewsEconomyUAE NEWSMarch 3, 2023March 3, 2023

    Dr. Al Zeyoudi underlined that the UAE’s positive reputation over the last 50 years is a clear reflection of its ambitious and outward-looking development…reports Asian Lite News Dr. Thani bin…

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