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ECB chief pushes back on gloomy forecasts, sticks to recovery outlook

13 Jan 2021

European Central Bank President Christine Lagarde pushed back against pessimism on Wednesday, predicting an economic rebound as COVID-19 uncertainty subsides and saying that Europe has all the tools needed to...

UAE ushers in Golden Jubilee year with excellent business ambiance

01 Jan 2021

Inayat-ur-Rahman, Deputy Business Editor The UAE’s potential for growth in 2021 is tremendous. As it enters 2021, the year of its Golden Jubilee, the UAE and its people can look...

COVID-19 vaccine will be catalyst to drive global economy in 2021

28 Dec 2020

Inayat-ur-Rahman, Deputy Business Editor The global economic growth will recover to a great extent next year and the investor trust and confidence will return to market due to quick progress...

Pakistan’s economic performance remains encouraging, says report

27 Dec 2020

Despite challenges due to the coronavirus pandemic, Pakistan’s economic performance remained encouraging in December, according to the Economic and Outlook report, which the government’s Finance Division publishes every month. ...

Gold prices rise as dollar loses momentum

24 Dec 2020

Gulf Today Report Gold advanced on Thursday as dollar fell and investors hope for further US stimulus despite President Donald Trump’s threat. Spot gold advanced 0.3% to $1,876.75 per...

EU, British negotiators poised to announce post-Brexit trade deal

24 Dec 2020

Gulf Today Report European Union and British negotiators worked through the night and right into Christmas Eve were expected to announce a Christmas Eve trade deal...

London loses status as world’s capital of aviation

26 Nov 2020

Gulf Today Report At one time Heathrow airport was the busiest airport in the world. But now that prestigious status has been given a dent —...

Trump, Xi to meet at virtual Asia Pacific forum as trade spat endures

20 Nov 2020

US President Donald Trump and his Chinese counterpart Xi Jinping will attend a virtual summit of Asia Pacific leaders on Friday to discuss the coronavirus and global economic recovery, with...

Dollar slumps after Joe Biden’s win

09 Nov 2020

Gulf Today Report The dollar reached a 10-week low on Monday as investors spent on trade-exposed currencies foreshadowing an easy money policy following Biden’s win. The fall of the...

Pakistan’s pharma exports surge in first three months of 2020-21

25 Oct 2020

The exports of Pakistan’s pharmaceutical products during the first three months of current fiscal year grew by 22.60 per cent as compared to the exports of the corresponding period of...

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