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World’s major technology giants upbeat on Gitex Technology Week

11 Dec 2020

Inayat-ur-Rahman, Deputy Business Editor The Gitex Technology Week 2020 concluded in Dubai on a high note on Thursday. The exhibitors were upbeat about this year show despite the COVID-19 pandemic....

Indian shares fall due to UPL scandal

10 Dec 2020

Gulf Today Report Indian shares slumped on Thursday as UPL, agrochemical firm slid by 15% and Nifty recorded seven sessions of gains. The NSE Nifty 50 index fell 0.91%...

Moody’s assigns top rating to UAE with stable outlook for national economy

09 Dec 2020

The UAE government received an Aa2 rating in creditworthiness — which is the highest sovereign rating in the region — with a stable outlook for the national economy by the...

Indian shares advance due to record gain by ICICI

07 Dec 2020

Gulf Today Report Indian shares had a record high gain on Monday due to nine-month high gain in ICICI, private sector lender, however, larger rival HDFC Bank recorded lost. ...

Gold set for an increase due to US stimulus hope

04 Dec 2020

Gulf Today Report Gold remains steady on Friday as investors hope for US stimulus increases in preparation for US non-farm payrolls data due later in the day. Spot gold...

Festival push, pent-up demand boost automobile sales in India

02 Dec 2020

Healthy off-take on the back of festive season accelerated major automobile players’ year-on-year sales during November. However, some companies reported a slower off-take on the sequential basis. Nevertheless,...

Pakistan urges China, ASEAN to benefit from opportunities in SEZs

30 Nov 2020

Pakistan has urged the China and ASEAN countries to benefit from the opportunities being offered in Special Economic Zones (SEZs) in the country. Pakistan’s Ambassador to China Moin-ul-Haque while...

Firms of billionaires compete for supremacy in India’s retail sector

29 Nov 2020

Two of the richest men in the world, Jeff Bezos of Amazon.com and Mukesh Ambani of Reliance Industries Limited (RIL) have locked horns for dominance in India’s near trillion-dollar retail...

Investment in edutech industry touches record $18.7 billion mark

27 Nov 2020

Inayat-ur-Rahman, Deputy Business Editor According to a recent report, investment in the edutech industry climbed from $16.3 billion in 2018 to $18.7 billion last year, reflecting a steady growth...

Oil jumps to its highest since March

24 Nov 2020

Gulf Today Report Oil gained on Tuesday to $47 a barrel as a third company announced its coronavirus vaccine, its biggest gain since March. Brent crude rose 31 cents,...

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