Wednesday, February 21, 2024

Business

McDonald’s misses sales target, blames Israel’s war in Gaza

McDonald’s, one of the most iconic US brands, attributes its failure to meet the first quarterly sales target in almost four years to Israel’s genocidal war in Gaza. This decline follows a call for a McDonald’s boycott by customers in Muslim countries, sparked by the Israeli franchisee's donation of thousands of free meals to the Israeli military.

It will take more than 200 years to end poverty: Oxfam

As the rich elites from around the world gather for the World Economic Forum at Davos, Oxfam released...

IMF warns India that its debt may exceed 100% of GDP, Union disagrees

The International Monetary Fund warned India on Tuesday that its government debt may exceed 100% of its gross domestic product, or GDP, in the medium term.

Zara removes controversial ad after Gaza boycott calls

The fashion company Zara has removed a controversial advertising campaign from the website and official social media handles after pro-Palestine activists called for a boycott of the retailer.

Puma to end sponsorship of Israel’s football team in 2024

Though the move was planned since last year and is not related to consumer boycott calls against Israel amid the Gaza war, according to the spokesperson, the German sportswear firm has long faced boycott calls over its brand alliance with the Israel Football Association (IFA).

India’s data storing call comes with risk: Zuckerberg

India's data localisation demands are understandable but allowing it for one nation can trigger a demand from countries which are much more authoritarian and can misuse the citizens' data, Facebook CEO Mark Zuckerberg has said.

Tourism Malaysia to highlight country’s growing regional appeal at ATM 2019

Led by Malaysia’s Minister of Tourism, Arts and Culture, YB Datuk Mohamaddin bin Ketapi, the Tourism Malaysia delegation will include representatives from more than 50 key stakeholders from the country’s travel sector including 33 hotels, 15 tour operators, 6 tourism products and 3 state officials.
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Shurooq Exhibits Exceptional Experiences from its Top Tourism & Hospitality Projects at ATM 2019

Celebrating its 12th consecutive participation at ATM 2019, Shurooq will be highlighting its stellar portfolio of hospitality and eco-tourism projects such as Al Bait Hotel which is located at the Heart of Sharjah, and is managed and operated by General Hotel Management (GHM), and three lodges under ‘Sharjah Collection’, that are managed and operated by “Mysk by Shaza”.

A global event hub at Expo 2020 to expand the UAE’s successful events sector

The Dubai Exhibition Centre (DEC) opens for business on 20 October, 2020, offering Expo 2020 Dubai participants, partners, government entities, industry associations and event organisers access to a global stage for the six-month duration of the world’s largest meeting of minds and building on the already thriving exhibition and conferences sector in the UAE.
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