Following the exit of the United Kingdom from the European Union, there would potentially be an increase in the price of its cars in Britain, warned Porsche. A clause that where in a buyer agrees to a potential tariff is… Read More ›
Day: February 18, 2019
Possible To Contain Huawei Risk In 5G: UK Security Chief
It would be possible to contain the potential risk of security of making use of telecommunication equipments from the Chinese telecom equipment giant Huawei in the upcoming new 5G mobile networks in the Unite3d Kingdom, UK security chiefs have advised… Read More ›
Naval Group flexes its muscles in Brazil
French shipbuilder Naval Group has presented its first Scorpene-class submarine to the Brazilian navy, with another 4 expected to be delivered in coming years. The French engineering firm sees itself as a sovereignty provider for Brazil and is keen to… Read More ›
Qatar to invest $20 billion in sports sector ahead of 2022 world cup
Qatar aspires to be a regional hub for sporting events in the run-up to the 2022 soccer World Cup. As per a senior Qatari official, the Gulf state is aiming to attract more sports companies to the Gulf state and… Read More ›
Saudi Arabia signs warship construction deal with France’s Naval Group
The move is part of a larger effort aimed at weaning off the Kingdom from its oil-dependent economy and boost local manufacturing. As part of an effort to boost domestic industry and manufacturing capabilities, Saudi Arabia signed a preliminary agreement… Read More ›
UAE announces defense deals worth $1.1 billion with international companies
Apart from these deals, the UAE has also signed military deals worth 1.1 billion UAE dirham with local companies. In a statement, the United Arab Emirates (UAE) disclosed, it had signed military deals worth $1.1 billion (3.87 billion UAE dirhams)… Read More ›
Businesses testing their Brexit-preparations ahead of Brexit: KPMG
With just 40 days to go before Brexit, businesses are making sure they have sufficient cash reserves and inventories in case of a cliff-hanger Brexit. With just 40 days to go before the scheduled kickoff of the United Kingdom from… Read More ›
China’s ICBC’s wins bid to set up wealth management subsidiary
China’s banking and insurance regulator has approved the bid by Industrial and Commercial Bank of China (ICBC). More banks have also submitted their applications for establishing such subsidiaries. China’s biggest-listed lender by assets, the Industrial and Commercial Bank of China… Read More ›
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