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British Steel mulling 1,200 job cuts

04 Feb 2023

Chinese-owned steelmaker British Steel, currently in pursuit of UK state aid, is mulling up to 1,200 job cuts according to the Unite trade nion. The company wants to “make...

Egypt based TMG & AZADEA Group open portfolio of new brands at Open Air Mall

14 Dec 2022

Staff Reporter, Gulf Today TMG, the leading real estate developer in Egypt, and AZADEA Group, the premier lifestyle retailer, have announced opening a portfolio of prominent brands at Open Air...

UK inflation slows down more than forecast in November 2022

14 Dec 2022

British inflation slowed more than expected in November but remained near the highest level in more than 40 years, official data showed on Wednesday, as a cost-of-living crisis sparks fresh...

Former FTX CEO Bankman-Fried arrested in Bahamas

13 Dec 2022

Gulf Today Report A New York Attorney General announced that the Bahamas authorities arrested at the request of the US judiciary, Samuel Bankman-Fried, founder of the collapsed crypto-asset...

Dubai Customs shares digital experience with S.Korean team

11 Dec 2022

Dubai Customs shared their experience in developing smart customs services and digital systems with a South Korean delegation. The meeting, held at Dubai Customs headquarters, shed more light on virtual...

Saudi 2023 budget surplus to be used to boost government reserves, says Crown Prince

08 Dec 2022

Saudi Arabia's Crown Prince said on Wednesday that the 2023 budget surplus, forecast at 16 billion riyals, would be directed towards boosting government reserves, supporting state funds and strengthening the...

FTA activates EmaraTax platform

05 Dec 2022

The Federal Tax Authority (FTA) has launched its new integrated and fully developed digital tax administration platform “EmaraTax” on Monday. The platform has been successfully activated, with all services...

Dubai Chambers unveils plans to expand roles of business councils

27 Nov 2022

Dubai Chambers has unveiled new plans to establish new country-specific business councils operating in Dubai and expand their roles to support ongoing efforts to boost Dubai’s non-oil foreign trade and...

Vedanta and Foxconn to invest $19.5b in Gujarat state for chip

13 Sep 2022

Vedanta Ltd and Taiwan’s Foxconn will invest $19.5 billion under pacts signed on Tuesday to set up semiconductor and display production plants in Gujarat, the home state of Indian Prime...

Britain goes big to ease energy shock, EU meeting on Friday

08 Sep 2022

Britain will cap consumer energy bills for two years and funnel billions to prop up power companies, its new leader Liz Truss said on Thursday in a bid to tackle...

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