Business

President Irfaan Ali and his delegation on Tuesday wooed investors in the United Arab Emirates (UAE) to take advantage of opportunities in large-scale agriculture as well as a range of services. He told a news briefing at the Expo 2020 Dubai that Middle Eastern nation and Guyana could “twin our approach to development” particularly through joint ventures in agriculture. “The ...

Police on Friday arrested a prime suspect in the stabbing death and robbery of Strathspey, East Coast Demerara businessman, investigators said. “Acting on information, a mobile police patrol arrested the suspect and the jewelry was found in his possession,” police said. Police said the 24-year old admitted to committing the offences. “The suspect confessed to the allegations put to him ...

Retired Assistant Police Commissioner Paul Slowe was Friday placed on $100,000 bail on a charge of conspiracy to defraud the Guyana Police Force of $10 million and $75,000 bail for three sexual offence charges. The cases have been adjourned to 26th November, 2021 for the continuation of those matters. Mr. Slowe confirmed this moments after exiting the Georgetown Magistrates’ Court,  ...

A man walked into an Air Services Limited (ASL) plane’s propeller on the Kamarang Airstrip Friday afternoon before he was due to offload cargo, sources said. He has been identified as Nigel Rodrigues of Waramadong. He is not an employee of the airline, but was there to offload cargo for someone. The plane bears registration markings 8R-GFA Sources said the ...

Three youths between the ages of 16 and 21 years  were Wednesday arrested after allegedly smashing a showcase at Bharrat’s Jewellery, Robb Street, Georgetown and grabbing several items. Police say one of the suspects was shot by someone else, not by lawmen. Investigators said when he was rescued from a mob, he was found with a gunshot wound and was ...

The headquarters of Cevon’s Waste Management Company located on Mandela Avenue, Georgetown was allegedly broken into by seven identifiable men who carted off two cell phones and a vault containing an undisclosed amount of cash, police said. Two male guards, 56 and 64 years old, told police that they were approached by two of the men, who were armed with ...

The Guyana government has taken Digicel Guyana to court for alleged  unauthorised use of spectrum. The Prime Minister Mark Phillips, who is responsible for telecommunications, has lodged several complaints without an oath against Digicel. A City Magistrate has since issued 14 summons for Digicel’s Chief Executive Officer to appear in court on October 22. Digicel is being accused of unauthorised ...

A businessman has admitted that he faked the theft of his Volkswagen vehicle, with GY$500,000 cash and important documents, because he had a dispute with an insurance company and had planned to destroy the vehicle to be paid, police said. “The 27-year-old claimed that he staged the incident because he was frustrated after he was involved in an accident with ...

ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana to approximately 10 billion oil-equivalent barrels. The updated resource estimate includes a new discovery at the Cataback-1 well, which brings the total significant discoveries to more than 20 within the Stabroek Block. The Cataback-1 well encountered 243 feet (74 meters) of net pay in high ...

The Guyana National Bureau of Standards (GNBS) on Wednesday began verifying speed guns submitted by the Guyana Police Force to ensure that they are delivering accurate readings, the regulatory and testing agency said.  The Bureau, as the National Measurement Institute, said it was using its newly acquired MultaRadar Equipment and Compact Device to test the speed guns. During a press ...