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    Global stocks record gains as bond yields drop

    Global stocks record gains as bond yields drop

    14 Apr 2021

    Gulf Today Report  Global stock recorded gains on Wednesday as bond yields decline following data indicating the slow pace of US inflation as the economy re-opens. Asian and European...

    Opec raises oil demand growth forecast on hope virus wanes

    Opec raises oil demand growth forecast on hope virus wanes

    13 Apr 2021

    Opec on Tuesday raised its forecast for growth in world oil demand this year on expectations the pandemic will subside, providing help for the group and its allies in their...

    European stocks, Asian shares decline as coronavirus cases soar

    European stocks, Asian shares decline as coronavirus cases soar

    12 Apr 2021

    Gulf Today Report  European stocks dropped on Monday as investors deferred from betting and British retailers get ready to reopen.    The pan-European STOXX 600 index slipped 0.1% by 07:11...

    China fines Alibaba record $2.75 billion for violations

    China fines Alibaba record $2.75 billion for violations

    10 Apr 2021

    China slapped a record 18 billion yuan ($2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its dominant market...

    European stocks, Asian shares dip

    European stocks, Asian shares dip

    09 Apr 2021

    Gulf Today Report  European stocks dropped on Friday but still on track for the longest weekly winning streak since November 2019.   The pan-European STOXX 600 index was flat after...

    Oil prices steady on scrutiny between rising supplies, demand outlook

    Oil prices steady on scrutiny between rising supplies, demand outlook

    09 Apr 2021

    Gulf Today Report  Oil prices remained steady on Friday as investors contemplate between an increase in supply from major producers and the impact on fuel demand from the COVID-19 pandemic....

    UAE Central Bank launches intraday liquidity facility

    UAE Central Bank launches intraday liquidity facility

    08 Apr 2021

    The Central Bank of the UAE (CBUAE) announced on Thursday that, effective April 21, 2021, a new liquidity management facility (ILF) will be introduced as part of the implementation plan...

    Gold prices steady following inflation concerns

    Gold prices steady following inflation concerns

    08 Apr 2021

    Gulf Today Report  Gold prices steadied as market participants consider the US Federal Reserve’s decision to keep interests rates low for a while. Spot gold was flat at $1,737.89 per...

    Oil prices fall following a spike in US gasoline inventories

    Oil prices fall following a spike in US gasoline inventories

    08 Apr 2021

    Gulf Today Report  Oil prices slipped on Thursday following an increase in US gasoline stocks, causing concerns about demand. Brent crude eased 36 cents, or 0.6%, to $62.80 a...

    Sharjah registers 51.3% rise in business licenses issued in Q3, ’20

    Sharjah registers 51.3% rise in business licenses issued in Q3, ’20

    07 Apr 2021

    The Sharjah Department of Statistics and Community Development (DSCD) has announced a 51.3 per cent rise in business licences issued in the emirate of Sharjah for the third quarter of...

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