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    Gulf markets mix as Joe Biden emerge victorious in US election

    Gulf markets mix as Joe Biden emerge victorious in US election

    08 Nov 2020

    GulfToday Report Gulf stock markets fell on Sunday after Democrat Joe Biden won the election. Saudi Arabia’s stock index slumped 0.2% at market opening but gained in early trading and...

    Asian stock mix, Wall Street gains, European stock loses as US election race narrows

    Asian stock mix, Wall Street gains, European stock loses as US election race narrows

    06 Nov 2020

    GulfToday Report   Asian stock markets mixed, following the ups and downs of US elections.    Tokyo and Sydney rose, on the other hand, Shanghai, Hong Kong and Seoul slumped. ...

    Bank of England raises stimulus package by another $195 billion

    Bank of England raises stimulus package by another $195 billion

    05 Nov 2020

    The Bank of England (BoE) increased its already huge bond-buying stimulus package by a bigger-than-expected 150 billion pounds ($195 billion). The central bank (CB) prepares to face economic damage from...

    All eyes on US election results as world markets end in green

    All eyes on US election results as world markets end in green

    03 Nov 2020

    Global stock markets and US futures rose on Tuesday on investor hopes that a possible victory by challenger Joe Biden in the American presidential election might lead to more economic...

    FTA board approves executive decisions, reviews performance

    FTA board approves executive decisions, reviews performance

    31 Oct 2020

    The Federal Tax Authority (FTA) Board of Directors, chaired by Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, and Chairman of the Authority’s Board...

    PSA’s revenue returns to growth

    PSA’s revenue returns to growth

    29 Oct 2020

    Peugeot manufacturer PSA Group returned to revenue growth in its core autos division in the third quarter, recovering from a slump during coronavirus lockdowns, though the prospect of new restrictions...

    Capital announces implementation of ‘Foreign Direct Investment Law’

    Capital announces implementation of ‘Foreign Direct Investment Law’

    28 Oct 2020

    Inayat-ur-Rahman The Abu Dhabi Department of Economic Development, ADDED, announced the implementation of the Foreign Direct Investment Law within the Emirate of Abu Dhabi by issuing the “Foreign Direct Investment...

    UK mortgages hit 13-year high but consumers curb other borrowing

    UK mortgages hit 13-year high but consumers curb other borrowing

    29 Sep 2020

    British mortgage approvals hit their highest in almost 13 years in August, underscoring the scale of the post-lockdown bounce-back in the housing market, but consumers turned more cautious about day-to-day...

    Jafza, ECI sign MoU to support growth plans of UAE businesses

    Jafza, ECI sign MoU to support growth plans of UAE businesses

    28 Sep 2020

    Jebel Ali Free Zone (Jafza) has entered into a strategic agreement with Etihad Export Credit Insurance Company (ECI) to support local businesses, advance exports, and drive the UAE economy during...

    China’s industrial firms register growth for fourth straight month

    China’s industrial firms register growth for fourth straight month

    27 Sep 2020

    Profits at China’s industrial firms grew for the fourth straight month in August, buoyed in part by a rebound in commodities prices and equipment manufacturing, the statistics bureau said on...

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