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    UAE posts Dhs9.75 billion budget surplus in the first half of 2020

    UAE posts Dhs9.75 billion budget surplus in the first half of 2020

    08 Sep 2020

    The UAE federal government posted a budget surplus of Dhs9.75 billion in first half (H1) of this year. According to the figures, the budget posted a surplus of Dhs1.8 billion...

    Asian markets rise after rout, pound extends losses

    Asian markets rise after rout, pound extends losses

    08 Sep 2020

    Asian markets ticked higher Tuesday after last week's steep drops as investors brushed off Donald Trump's latest anti-China salvo, while sterling suffered more selling pressure on fears over Brexit talks....

    UAE Ministry of Economy reviews ways to accelerate development

    UAE Ministry of Economy reviews ways to accelerate development

    06 Sep 2020

    Abdullah Bin Touq Al Marri, Cabinet Member and Minister of Economy (MoE), has re-affirmed the ministry’s commitment to continue to work closely with its partners to address all besetting challenges...

    Egypt’s business activity rises for 2nd straight month in August

    Egypt’s business activity rises for 2nd straight month in August

    05 Sep 2020

    Business Bureau, Gulf Today August PMI data signalled growth in activity and demand in Egypt’s non-oil economy for the second month in a row. Output prices rose for the...

    Asian stocks follow Wall Street lower, nervous wait for US jobs data

    Asian stocks follow Wall Street lower, nervous wait for US jobs data

    04 Sep 2020

    Asia's stock markets had their worst session in two weeks on Friday following a tech-led plunge on Wall Street, though gains in safer assets like bonds and dollars were muted...

    J.C. Penney’s talks for rescue stall

    J.C. Penney’s talks for rescue stall

    01 Sep 2020

    J.C. Penney’s talks with landlords for a rescue from bankruptcy proceedings reached an impasse, pushing the department store to the brink of collapse unless it can reach a deal within...

    Waha Capital initiates fresh income generating Islamic fund

    Waha Capital initiates fresh income generating Islamic fund

    31 Aug 2020

    Waha Capital has announced the launch of a new income-focused Islamic fund, adding to its three existing funds within its asset management business. The new fund, to be...

    US economy still sees sluggish spending, depressed confidence

    US economy still sees sluggish spending, depressed confidence

    29 Aug 2020

    US consumers continued to spend in July but the gains were much slower than the prior two months amid a surge in coronavirus cases, and confidence remained in a “depressed...

    Asian shares lower as investors await Fed chair's speech

    Asian shares lower as investors await Fed chair's speech

    26 Aug 2020

    Asian shares were mostly lower Wednesday after a lackluster session on Wall Street following talks between the United States and China on the status of a deal meant to work...

    Abu Dhabi’s non-oil foreign trade at Dhs66.5b in 4 months

    Abu Dhabi’s non-oil foreign trade at Dhs66.5b in 4 months

    25 Aug 2020

    The value of non-oil foreign merchandise trade through Abu Dhabi ports totalled Dhs66.5 billion during first four months of 2020. The imports increased by 2.2 per cent in the same...

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