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Gulf Today Report Oil prices steadied on Wednesday after its previous day’s slump but fears of slow demand recovery due to new lockdowns in Europe capped the recovery. Brent crude...
Auto sales in China, the world’s biggest auto market, surged 365% in February over the same month a year earlier for their 11th month of gains, as the country leads...
Volvo’s entire car lineup will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of carmakers planning to phase out fossil-fuel engines by the...
Waha Capital, a leading investment company in Abu Dhabi (Waha), on Saturday announced a net profit of Dhs231 million for 2020, compared to a loss of Dhs616 million in 2019....
Gulf Today Report Oil prices inched lower on Thursday giving up some of the recent strong gains on profit-taking and speculation that the market's strength could tempt producers like Saudi...
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...
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...
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%...
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...
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,...