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Indian shares rise on central bank’s interest rate decision

07 Apr 2021

Gulf Today Report Indian shares gained on Wednesday after the country’s central bank left key interest rates unchanged. The NSE Nifty 50 index rose 0.8% to 14,809.70 and the...

Oil prices gain on strong economic data

06 Apr 2021

Gulf Today Report Oil prices surged on Tuesday following robust economic data from the United States and prospects of good recovery in China. Brent crude futures rose 38 cents, or...

Mohammed launches programme to make Dubai a global capital of creative economy

03 Apr 2021

Gulf Today, Staff Reporter His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Saturday launched a programme aimed...

China invests $25.4 billion in CPEC, says Nong Rong

01 Apr 2021

Commemorations marking 70 years of Pakistan-China diplomatic ties were kicked off with a Webinar, organised by Pakistan-China Institute under the banner of “Friends of Silk Road”, which had distinguished speakers...

IMF to boost global outlook again, says financial conditions uncertain

30 Mar 2021

The International Monetary Fund (IMF), will raise its forecast for global economic growth in 2021 and 2022 after last year’s 3.5% contraction, but financial conditions remain highly uncertain, IMF Managing...

Gold prices slip as US yields, dollar gain

30 Mar 2021

Gulf Today Report Gold prices fell on Tuesday following firmness in US dollar and Treasury yields on hope for swift economic growth. Spot gold was down 0.3% at $1,706.43 per...

BoE expects economy to revive, unveils new 50-pound banknote

25 Mar 2021

Bank of England (BoE) Chief Economist Andy Haldane said on Thursday he remained confident that Britain’s economy was poised for a quick bounce-back as the country races ahead with its...

Crypto businesses now able to set up at DMCC

20 Mar 2021

DMCC - the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise - has entered into a memorandum of understanding (MoU) with the Securities and...

Queen Elizabeth II's birthday parade cancelled for the second year

20 Mar 2021

The annual military parade in central London for Queen Elizabeth II's official birthday has been cancelled for a second year owing to the coronavirus pandemic, Buckingham Palace said Friday. The...

IAG to raise $1.2 billion by survival bond issue

18 Mar 2021

British Airways-owner IAG plans to raise about 1 billion euros ($1.2 billion) through a bond issue, which it said would help see it through if the pandemic-driven travel downturn lasts...

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