Business News

Apple has been awarded close to AED 2 billion in its US patent case against Samsung. Samsung has been ordered to pay the amount in damages for copying certain feaures of Apple’s original iPhone design. The court ruling found that Samsung infringed three Apple design patents in addition to two patented functions. The development is […]

China has fined Japanese retailer Muji over $30,000 for describing Taiwan as a country on its packaging. According to reports, Muji imported 119 clothes hangers from Japan last year in packaging that marked Taiwan as the “country of origin”. In a statement, the Shanghai Administration for Industry and Commerce said the Japanese retailer had violated Chinese advertising law and […]

The UAE has jumped three places to become the seventh most competitive economy in the world in 2018. That’s according to a new report by the IMD World Competitiveness Council, which shows the UAE ranked number one in 18 different indicators. The study also looked at the economies of 63 countries. Dr Christos Cabolis, Head […]

The UAE has jumped three places to become the seventh most competitive economy in the world in 2018. That’s according to a new report by the IMD World Competitiveness Council, which shows the UAE ranked number one in 18 different indicators. The study also looked at the economies of 63 countries. Dr Christos Cabolis, Head […]

The UAE has jumped three places to become the seventh most competitive economy in the world in 2018. That’s according to a new report by the IMD World Competitiveness Council, which shows the UAE ranked number one in 18 different indicators. The study also looked at the economies of 63 countries. Dr Christos Cabolis, Head […]


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