UAE is warming to its new Monday to Friday working week

UAE is warming to its new Monday to Friday working week

Workers on a footbridge in Dubai on Feb. 14, 2018. Karim Sahib | AAFP | Getty Images DUBAI, United Arab Emirates — More than two months since the United Arab Emirates switched to a Monday to Friday working week to be more aligned with international business partners, both the country’s natives and its huge population … Read more

Rich Russians fleeing sanctions are pumping up Dubai’s property sector

Rich Russians fleeing sanctions are pumping up Dubai's property sector

Dubai is seeing its hottest real estate market in years, with sales in the sector up 45% year on year in April and 51% in May, according to the Dubai Land Department. DUBAI, United Arab Emirates – The team at Dubai property firm Mira Estate have reason to celebrate. The luxury real estate company just … Read more

Party’s Over: Dubai’s Monthslong Expo 2020 Comes to a Close | Business News

By ISABEL DEBRE, Associated Press DUBAI, United Arab Emirates (AP) — The world’s fair in Dubai, a tech-saturated site teeming with talking robots and solar canopies, sought to be the future. The pandemic-delayed Expo 2020 in the United Arab Emirates closed on Thursday after eight years of anticipation, over $7 billion in investment, 240 million … Read more

US, Japan and South Korea focus on semiconductors as Biden visits Asia

US, Japan and South Korea focus on semiconductors as Biden visits Asia

TOKYO — As US President Joe Biden visits Japan and South Korea, the three countries are looking for common ground on the world stage. One place they’re finding it is semiconductors. A first stop for Biden on his first swing through Asia as president was a Samsung factory in South Korea. “These little chips, only … Read more

Why Turkey doesn’t want Sweden, Finland to join NATO

Why Turkey doesn't want Sweden, Finland to join NATO

When Finland and Sweden announced their interest in joining NATO, the two Nordic states were expected to be swiftly accepted as members of the defense alliance. But joining NATO requires consensus approval from all existing members, and Turkey – one of the group’s most strategically important and militarily powerful members – is not happy. The … Read more

Oxfam slams billionaire pandemic ‘bonanza’ as millions face poverty

Oxfam slams billionaire pandemic 'bonanza' as millions face poverty

Olga Shumytskaya | Time | Getty Images A new billionaire emerged every 30 hours during the Covid-19 pandemic, and nearly a million could fall into extreme poverty at around the same rate in 2022. Those are the sobering statistics recently released by Oxfam. There were 573 more billionaires in the world by March 2022 than … Read more

from yachts to the United Nations

from yachts to the United Nations

Many people occasionally travel for work. But for some, travel is at the heart of their jobs. CNBC Travel spoke with people from four industries about occupations where working from home — or an office for that matter — isn’t an option. A year of travel Name: Sebastian ModakJob: Train New York Times “52 Places … Read more

What does Russia’s war mean for global climate goals?

What does Russia's war mean for global climate goals?

A group of Ukrainian women demonstrate to call for further action against Russia near the headquarters of the EU Commission in Brussels, Belgium. Thierry Monasse | Getty Images News | Getty Images LONDON — Reflecting on energy markets just over one month into Russia’s onslaught in Ukraine, Saudi Arabia’s top energy official said: “Look at … Read more

Climate change made India heat wave 100 time more likely

Climate change made India heat wave 100 time more likely

A farmer pours water on himself while working at a wheat farm in the Ludhiana district of Punjab, India, on Sunday, May 1, 2022. T. Narayan | Bloomberg | Getty Images The blistering heat wave in northwest India and Pakistan was made over 100 times more likely because of human-caused climate change, according to a … Read more

Russia military veteran Khodaryonok in damning assessment of Ukraine war

Russia military veteran Khodaryonok in damning assessment of Ukraine war

Destroyed military equipment of the Russian army in the city of Bucha. Sopa Pictures | light rocket | Getty Images In a country where independent media and commentary has all but disappeared from public view, it’s rare to hear dissenting voices on the many state-controlled TV networks in Russia — particularly now with the country … Read more