Volkswagen's core autos division will likely plunge into a loss this year as it is set to shoulder the bulk of the costs from the fallout of the company's rigging of diesel emissions tests, two company sources said on Friday.
The Middle East's 16 largest centres of economic growth could have $367 billion of gross domestic product at risk from a series of threats over the next decade, according to new research for Lloyd's, the specialist insurance market.
NEXtCARE, a leading third party administrator (TPA) across the GCC and Middle East and North Africa (Mena) region and the provider of health insurance management services, has delivered cost optimised innovations to the Dubai Health Authority to
Goodyear Tire & Rubber Co, a leading tire maker in the United States, said it would shut down its Wolverhampton, England manufacturing plant and transfer production to Europe, the Middle East and Africa (EMEA) to cut costs.
Goodyear Tire & Rubber Co, a leading tyre maker in the United States, said it would shut down its Wolverhampton, England manufacturing plant and transfer production to Europe, the Middle East and Africa (EMEA) to cut costs.
The Dubai Health Authority (DHA) has formed a supervisory committee for the cost calculation system project.
Humaid Mohammed Obaid Al Qatami, chairman of the board, said that the aim of the committee is to utilise the latest conce
Violence in Bahrain cost the national economy $6.6 billion last year, according to a new report.
The Institute for Economics and Peace (IEP) estimated this was the equivalent of almost $5,000 per person, said a report in the G
US producer prices in May recorded their biggest increase in more than 2-1/2 years as the cost of gasoline and food rose, suggesting that an oil-driven downward drift in prices was nearing an end.
The stabilisation in producer pri
Bahraini government ministers should no longer be allowed to charge first class travel to their expense accounts if unnecessary spending is to be reduced, according to legislators.
This could save the country millions of dinars an
Bahrain’s Cabinet has approved a number of immediate measures to cut expenditure, boost revenues, redirect subsidies, optimise the cost of public services and merge government agencies.
The austerity measures are expected to