Business

Banned: Surprise mobile mid-contract price rises

Banned: Surprise mobile mid-contract price rises

UK telecoms now must state price hikes (in £) upfront for new contracts. Ofcom banned mid-contract increases, aiming to end "nasty surprises".

Next boss warns first jobs to become harder to find

Next boss warns first jobs to become harder to find

Next CEO warns UK tax changes will hurt entry-level jobs, due to increased NI costs & living wage rise. He urges phased implementation, not April.

Sharjah Shopping Promotions continue to boost retail sales, economic growth

Sharjah Shopping Promotions continue to boost retail sales, economic growth

Sharjah's shopping event until Jan 19th drives retail growth with up to 75% discounts & entertainment. Economic growth also increased.

Dubai secures 437 bids for global business events in 2024, up 20 percent annually

Dubai secures 437 bids for global business events in 2024, up 20 percent annually

Dubai secured a record 437 MICE events for 2024, a 20% increase. Projected 210k+ delegates boost economy. Growth driven by collaboration and innovation.

Global economy to weaken in 2025 on political uncertainty, rising debt: Report

Global economy to weaken in 2025 on political uncertainty, rising debt: Report

Global economy faces challenges in 2025. Most economists predict deterioration, except for short-term US growth. Fragmentation & trade tensions increase.

Mubadala’s KELIX bio acquires Julphar subsidiary DiabTec

Mubadala’s KELIX bio acquires Julphar subsidiary DiabTec

Mubadala's KELIX bio acquired DiabTec, boosting its biologics portfolio & biomanufacturing in MENA. It secures insulin production in the UAE.