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Dubai’s real estate sector records over Dhs175b transactions in 2020

03 Feb 2021

Dubai’s real estate market continued to be attractive to local and global investors in 2020, with the sector recording 51,414 transactions representing a value of over Dhs175 billion, according to...

Enoc’s Expo 2020 pavilion completed

01 Feb 2021

Enoc Group on Monday announced that the construction of its pavilion at Expo 2020 has been completed. The state-of-the-art pavilion under the theme of ‘Reimagine Energy,’ occupies a plot of...

China’s manufacturing sector declines

31 Jan 2021

Gulf Today Report For the second time in January, China’s manufacturing sector declines due to new COVID-19 outbreak. The purchasing manager’s index or PMI for the manufacturing sector fell...

UAE-Israel deal to unlock massive business avenues

26 Jan 2021

Last year in September, history was made as a peace deal was brokered involving the UAE and Israel. Known as The Abraham Accords, the new treaty represents a significant geopolitical...

UK to give airports aid after COVID-19 rules tightened

17 Jan 2021

Britain’s government said on Sunday it would give financial aid to airports before the end of March, after the industry called for urgent support as tighter COVID-19 rules for international...

Fiat and Peugeot seal merger to become Stellantis

16 Jan 2021

Fiat Chrysler and Peugeot SA sealed their long-awaited merger on Saturday to create Stellantis, the world’s fourth-largest auto group with deep enough pockets to fund the shift to electric driving...

UK shopper numbers plummet 27.1% after fresh lockdowns

11 Jan 2021

The number of shoppers heading out to stores, malls and other outlets across Britain fell 27.1 per cent last week from the week before, reflecting the impact of new lockdowns...

US bankruptcy filings hit lowest level since 1986 due to support

07 Jan 2021

US bankruptcy filings for 2020 hit their lowest level since 1986 as a flood of government support programmes offset at least temporarily the full brunt of the coronavirus pandemic and...

Dubai launches fifth coronavirus economic stimulus package of Dhs315 million

06 Jan 2021

Gulf Today, Staff Reporter Dubai has announced a new stimulus package worth Dhs315 million to help the economy cope with the effects of the coronavirus pandemic. The package, its fifth,...

Prices of China’s new homes rose at slower pace in December

01 Jan 2021

Prices of new homes in China rose at a slower pace in December, with tightening policies continuing to cool the market, a private survey showed on Friday, but price growth...

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