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European, Asian shares gain on vaccine cheer

09 Dec 2020

Gulf Today Report European shares reach February highs on Wednesday on the hope of development in COVID-19 vaccine and US stimulus package. The pan-European STOXX 600 index and London's...

Oil prices advanced after OPEC+ production consensus

04 Dec 2020

Gulf Today Report Oil prices gained by 2% on Friday on course for its fifth week of an increase due to consensus by major producers to retain the cut of...

India’s sugar output rises 107% in two months of current season

03 Dec 2020

Sugar production rose by 22.18 lakh tonnes or 107 per cent in the early two months of the current season as compared to last year because of earlier start of...

World shares up, dollar weakens, Bitcoin off record highs

01 Dec 2020

World shares rose to just below record peaks on Tuesday after factory surveys boosted expectations of a recovery from the COVID-19 downturn, with drugmakers seeking fast approval for vaccines and...

Breakbulk to empower, nurture aspiring women professionals

30 Nov 2020

Breakbulk Middle East, the GCC’s leading breakbulk and project cargo event, has continually played an active role in increasing the participation of women in key areas in the industry. ...

New era of connectivity between India and Ras Al Khaimah

27 Nov 2020

Inayat-ur-Rahman, Deputy Business Editor Ras Al Khaimah: Ras Al Khaimah International Airport (RAK Airport) on Friday welcomed the first scheduled SpiceJet passenger flight, with the aircraft’s arrival heralding the commencement...

Oil prices gain despite the increase in stockpiles

25 Nov 2020

Gulf Today Report Oil advanced on Wednesday as market ignored the rise of US crude stockpiles above expectations due to optimism of COVID-19 vaccine, this is its fourth straight session...

RBI committee suggests raise in capital amounts for new banks

22 Nov 2020

To ensure that entities seeking private banks licence remained adequately capitalised to meet any eventuality, a Reserve Bank of India (RBI) internal committee has recommended nearly doubling of the initial...

Indian tech firm plans to foray into UAE market

20 Nov 2020

Inayat-ur-Rahman, Deputy Business Editor The Indian-based firm Indus Net Technologies (INT), is planning to enter the UAE technology market. The firm is a trusted partner of the fastest-growing Enterprises,...

UAE eCommerce sector to continue upward trajectory

19 Nov 2020

Inayat-ur-Rahman, Deputy Business Editor The UAE eCommerce sector is expected to see continued growth as more UAE consumers demand online payment options and merchants increasingly recognise the need for...

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