UAE Cuts Private Sector Work Hours by 2 Daily During Ramadan 1447 AH

February 19, 2026

UAE Cuts Private Sector Work Hours by 2 Daily During Ramadan 1447 AH

UAE mandates a two-hour daily work reduction for private sector employees during Ramadan 1447 AH. Overtime is paid extra, and public sector hours shift too. Some workers report uneven implementation.

UK Retailers Plan Job Cuts and Reduced Hours Amid Rising Costs and Economic Pessimism

February 19, 2026

UK Retailers Plan Job Cuts and Reduced Hours Amid Rising Costs and Economic Pessimism

UK retailers are set to cut jobs and working hours due to higher labour costs and gloomy economic outlook. Retail sector lost 74,000 jobs last year and faces more cuts as cost pressures soar, warns British Retail Consortium.

Instant Redemption Boosts Popularity of Liquid and Overnight Funds Among Investors

February 19, 2026

Instant Redemption Boosts Popularity of Liquid and Overnight Funds Among Investors

Instant Redemption is turning Liquid and Overnight funds into a handy cash tool for investors. With quick withdrawals and 6.5%-7% returns, these debt funds are stealing the show.

Steel Prices Soar After Safeguard Duty Return; Exports and Metal Demand Strengthen

February 19, 2026

Steel Prices Soar After Safeguard Duty Return; Exports and Metal Demand Strengthen

Steel prices in India rose sharply after the government brought back safeguard duty for three years. Imports dropped, exports, especially to the EU, increased. Non-ferrous metals like copper and nickel gained due to supply issues. Analysts expect strong earnings for metal companies in the March quarter.

Google and Nvidia Announce Big AI Deals at India’s Global Summit

February 19, 2026

Google and Nvidia Announce Big AI Deals at India’s Global Summit

At the AI Impact Summit 2026 in New Delhi, Google pledged new subsea cables connecting India to key regions, while Nvidia sealed deals with Indian firms to boost AI tech. The summit draws world leaders and highlights India’s rise in AI investments and infrastructure.