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    DIFC recognised by World Alliance of International Financial Centres

    DIFC recognised by World Alliance of International Financial Centres

    22 Mar 2021

    Business Bureau, Gulf Today The Dubai International Financial Centre (DIFC) has announced that its membership of the World Alliance of International Financial Centres (WAIFC) has been unanimously approved by...

    Gold prices fall as Turkey appoints new central bank chief

    Gold prices fall as Turkey appoints new central bank chief

    22 Mar 2021

    Gulf Today Report  Gold prices dropped on Monday as investors go for other safe-haven assets following Turkey’s abrupt decision to replace its central bank head. Spot gold was down 0.5%...

    UAE and Israel discuss cooperation in infrastructure, transportation fields

    UAE and Israel discuss cooperation in infrastructure, transportation fields

    14 Dec 2020

    Suhail Al Mazrouei, UAE Minister of Energy and Infrastructure, virtually met on Thursday with Miri Regev, Israeli Minister of Transportation and Road Safety, in order to reinforce the bonds of...

    Walmart in talks for $25 billion investment in Tata’s ‘super app’

    Walmart in talks for $25 billion investment in Tata’s ‘super app’

    29 Sep 2020

    Walmart is in talks with Tata Group for an investment of up to $25 billion in the Indian conglomerate’s planned ‘super app’, people familiar with the matter said. The...

    Sterling gains on more stimulus hopes after Sunak scales back job support

    Sterling gains on more stimulus hopes after Sunak scales back job support

    25 Sep 2020

    Sterling rose against both the dollar and the euro on Friday as investors hoped Britain's new scaled-back job support scheme will be followed by other stimulus measures. Versus the...

    KKR to invest $755 million in retail arm of India’s Reliance

    KKR to invest $755 million in retail arm of India’s Reliance

    23 Sep 2020

    Reliance Industries Limited (RIL), controlled by Asia’s richest man Mukesh Ambani, has raised 1.65 trillion rupees ($22.43 billion) over the past few months through stake sales at its digital unit...

    Mubadala and Sberbank sign strategic agreement

    Mubadala and Sberbank sign strategic agreement

    22 Sep 2020

    Business Bureau, Gulf Today Mubadala Investment Company (Mubadala), an Abu Dhabi-based sovereign investor and Sberbank, the largest bank of Eastern and Central Europe and a leading global financial institution,...

    Nearly 80% displaced people have lost job, income due virus: Survey

    Nearly 80% displaced people have lost job, income due virus: Survey

    21 Sep 2020

     Some 77% of people displaced by conflicts have lost a job or revenue since the beginning of the coronavirus pandemic, a survey by the Norwegian Refugee Council (NRC) showed on...

    India to loan virus-hit Maldives $250m

    India to loan virus-hit Maldives $250m

    20 Sep 2020

    India on Sunday announced a $250 million loan to the Maldives to boost its coronavirus-battered economy in a further bid to counter China's growing financial footprint in South Asia. ...

    Indian shares end higher after inflation data; small, mid-caps add to gains

    Indian shares end higher after inflation data; small, mid-caps add to gains

    15 Sep 2020

     Indian shares closed higher on Tuesday after data showed annual retail inflation eased more than expected in August, while small- and mid-cap stocks extended gains from the previous session. ...

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