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    Global growth worries, Chinese tech rout drag Wall Street lower

    Global growth worries, Chinese tech rout drag Wall Street lower

    08 Jul 2021

    Wall Street’s main indexes fell sharply on Thursday as the spread of the COVID-19 Delta variant cast doubts over an economic recovery, while a rout in Chinese tech stocks appeared...

    UAE to include 10 new sectors in Commercial Companies Law

    UAE to include 10 new sectors in Commercial Companies Law

    24 Apr 2021

    A landmark legislation in the Commercial Companies Law, which allows 100 per cent foreign ownership of onshore companies in the UAE, is in its final stages of formation, said Abdulla...

    Asian stocks mix, European stocks drop

    Asian stocks mix, European stocks drop

    02 Mar 2021

    Gulf Today Report  Asian stocks remain mixed on Tuesday as investors worry about higher interest rates.   Market benchmarks in Tokyo, Shanghai and Hong Kong declined. Seoul and Sydney advanced....

    China’s FX reserves declines

    China’s FX reserves declines

    07 Feb 2021

    Gulf Today Report  According to official data on Sunday, China’s foreign currency reserve has declined in January due to valuation effects as the dollar recorded gains. China has the largest...

    VIDEO: UAE all set to usher in 2021 with fireworks, laser show at Burj Khalifa

    VIDEO: UAE all set to usher in 2021 with fireworks, laser show at Burj Khalifa

    19 Nov 2020

    Faisal Siddiqui, Staff Reporter   The UAE residents and tourists are all set to welcome New Year in style, albeit with COVID-19 restrictions.   Marking the beginning of a New...

    Oil down over 1% as US election result remains uncertain

    Oil down over 1% as US election result remains uncertain

    05 Nov 2020

    GulfToday Report Oil slumps on Thursday as the race to the White House narrows down with Joe Biden in the lead. US West Texas Intermediate (WTI) crude futures dropped...

    SCED meeting discusses latest economic developments in Ajman

    SCED meeting discusses latest economic developments in Ajman

    11 Aug 2020

    Business Bureau, Gulf Today The Standing Committee of Economic Development (SCED) which is affiliating to the Executive Council of Ajman remotely held its 7th meeting for 2020 chaired by...

    Surging COVID-19 cases, US-China tensions keep London stocks muted

    Surging COVID-19 cases, US-China tensions keep London stocks muted

    07 Aug 2020

    Trading in London-listed shares was subdued on Friday as rising COVID-19 cases and U.S.-China tensions dented sentiment at the end of a week marked by largely upbeat quarterly earnings and...

    Softbank cancels WeWork tender

    Softbank cancels WeWork tender

    02 Apr 2020

    Softbank Group Corporation said it has terminated a $3 billion tender offer for additional WeWork shares agreed last year with shareholders, drawing threats of legal action and plunging the floundering...

    Abu Dhabi leverages New York Times Travel Show to draw Americans to its tourist hotspots

    Abu Dhabi leverages New York Times Travel Show to draw Americans to its tourist hotspots

    08 Feb 2020

    Abu Dhabi is revving up its drive to attract tourists from across the globe.  And that includes Americans too. Its new campaign makes a pitch for its tourism potential, inducing...

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