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Indonesia’s economy faces first annual slump in over 2 decades

05 Feb 2021

Indonesia’s economy suffered its first full-year contraction in over two decades in 2020, shrinking slightly more than expected in the fourth quarter as the COVID-19 pandemic continued to hit consumption...

Oil prices slip on lockdown concerns

25 Jan 2021

Gulf Today Report Oil prices fell on Monday as countries renew COVID-19 restrictions increasing worries over global fuel demand. Brent crude futures declined by 8 cents, or 0.1%, to $55.38...

Asian shares, European stocks gain

20 Jan 2021

Gulf Today Report Asian shares gained on Wednesday in preparation of Joe Biden’s inauguration, although concerns about the surge in cases capped gains. Japan's benchmark Nikkei 225 slipped 0.4%...

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...

DSF kicks off 12-hour super sale at shopping malls in Dubai

20 Dec 2020

On Dec.26, Majid Al Futtaim Malls across Dubai will host the 12-Hour Sale, with huge savings of 25 per cent to 90 per cent available at Mall of the Emirates,...

Gold steadies as dollar weakens

15 Dec 2020

Gulf Today Report Gold jumped on Tuesday as dollar declines, although markets remain optimistic for quick global economic revival as COVID-19 vaccination begins in the US and Canada. Spot gold...

Sheikh Mohammed raises the bar for Dubai government entities

09 Dec 2020

In his capacity as the Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed Bin Rashid Al Maktoum, issued new legislations aimed at increasing...

Australian national wins $1 million in Dubai Duty Free draw

18 Nov 2020

Gulf Today Report An Australian national has joined the long list of $1 million winners when the latest Dubai Duty Free Millennium Millionaire and Finest Surprise draws...

DLD partners with Cityscape to accelerate realty sector’s revival

04 Oct 2020

Business Bureau, Gulf Today Informa Markets, the organiser of Cityscape’s Real Estate Summit, has signed a strategic partnership for the 2020 event with Dubai Land Department (DLD) to revive...

Dafza signs agreement with FICC to support Israeli businesses in UAE

25 Sep 2020

Business Bureau, Gulf Today Dubai Airport Free Zone Authority (Dafza), announced the signing of a memorandum of understanding with the Federation Israeli Chambers of Commerce (FICC), to define frameworks...

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