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Sterling edges higher ahead of Sunak's speech

24 Sep 2020

Sterling edged slightly higher on Thursday ahead of an eventful day with Chancellor Rishi Sunak expected to unveil a new set of measures to support the COVID-hit economy. Sunak,...

Global markets buckle, dollar slips as investors mull Fed action

17 Sep 2020

Global equity markets and gold slumped, while the dollar eased on Thursday after the Federal Reserve reminded investors of the long slog ahead for a full recovery that was reinforced...

Dubai realty stays strong in crisis

10 Sep 2020

Sajjad Ahmad, Gulf Today Dubai property sector is on recovery track and will remain the region’s best destination for real estate investments after COVID-19 pandemic, said Talal Moafaq Al...

‘UK finance minister considers sweeping tax hikes’

30 Aug 2020

British Finance Minister Rishi Sunak is considering a sweeping set of tax increases to help fix the huge hole in the public finances left by the coronavirus pandemic, newspapers reported....

Target’s sales growth hits peak

20 Aug 2020

Target Corporation reported its best quarterly comparable sales growth and online revenue that nearly tripled as customers took advantage of the retailer’s quick and contact-free delivery to shop for clothes,...

Oil prices slip as US inventories, virus fears grow

22 Jul 2020

Oil prices fell on Wednesday as industry data showed a bigger-than-expected inventory build in the United States, where climbing coronavirus cases may further dent fuel demand in the world's biggest...

Gold poised for best quarter in 4 years as virus fears persist

30 Jun 2020

Gold held close to a near eight-year peak on Tuesday, en route to its best quarter in more than four years, as worries over rising cases of the novel coronavirus...

ADX eyes growth, floats region’s first sustainability report

28 Jun 2020

Abu Dhabi Securities Exchange (ADX), part of ADQ, on Sunday announce the launch of its first Sustainability Report, the first across the region to be presented in such a comprehensive...

Saudi Aramco buys SABIC shares

15 Jun 2020

State-owned Saudi Aramco bought 2.1 billion shares of Saudi Basic Industries (SABIC) on the stock market as it completed its deal agreed last year to buy 70 per cent of...

UAE government offices to have 50% employees from June 7

03 Jun 2020

Gulf Today, Staff Reporter The UAE government has announced raising the percentage of employees present in the headquarters of ministries, federal authorities and institutions to 50% of the total number...

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