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Global stocks hit their highest levels in over three weeks on Tuesday, as investors bet the US Federal Reserve and other central banks’ meeting this week will keep policies accommodative...
DP World, the Dubai-based enabler of worldwide smart end-to-end supply chain logistics, has announced that BoxBay - its joint venture with the German industrial engineering specialist SMS group - has...
Gulf Today Report British airline Virgin Atlantic which is among the numerous sectors that have been affected by COVID-19 pandemic is set to raise 160 million pounds ($222.75 million), according...
The Central Bank of the UAE (CBUAE) has signed a Memorandum of Understanding (MoU) with Aurora50, a social enterprise focusing on achieving gender-balanced boardrooms in the UAE. The...
Gulf Today Report Global stocks gained on Tuesday as hopes of a robust economic recovery bolstered confidence in riskier assets. A pullback in US and European bond yields also buoyed...
Gulf Today Report Asian shares jumped on Monday following the passage of US stimulus bill increasing optimism for global economic recovery. Shares in Taiwan, India and Thailand were higher,...
Gulf Today Report Britain reported 158 deaths within 28 days of a positive COVID-19 test on Saturday, a drop from 236 on Friday. New cases totalled 6,040,...
India is ready to offer incentives to ensure Tesla’s cost of production would be less than in China if the carmaker commits to making its electric vehicles in the south...
Gulf Today Report The likelihood of inflation in Europe less of a risk than the United States as investors remain worried about boiling over prices ruining economic recovery, said analysts....
Gulf Today Report Gold prices dropped on Friday on encouraging economic outlook and inflation fears supporting US Treasury yields. Spot gold eased 0.1% to $1,767.81 per ounce by 05:20 GMT...