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    Bank of England raises stimulus package by another $195 billion

    Bank of England raises stimulus package by another $195 billion

    05 Nov 2020

    The Bank of England (BoE) increased its already huge bond-buying stimulus package by a bigger-than-expected 150 billion pounds ($195 billion). The central bank (CB) prepares to face economic damage from...

    All eyes on US election results as world markets end in green

    All eyes on US election results as world markets end in green

    03 Nov 2020

    Global stock markets and US futures rose on Tuesday on investor hopes that a possible victory by challenger Joe Biden in the American presidential election might lead to more economic...

    FTA board approves executive decisions, reviews performance

    FTA board approves executive decisions, reviews performance

    31 Oct 2020

    The Federal Tax Authority (FTA) Board of Directors, chaired by Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, and Chairman of the Authority’s Board...

    PSA’s revenue returns to growth

    PSA’s revenue returns to growth

    29 Oct 2020

    Peugeot manufacturer PSA Group returned to revenue growth in its core autos division in the third quarter, recovering from a slump during coronavirus lockdowns, though the prospect of new restrictions...

    Capital announces implementation of ‘Foreign Direct Investment Law’

    Capital announces implementation of ‘Foreign Direct Investment Law’

    28 Oct 2020

    Inayat-ur-Rahman The Abu Dhabi Department of Economic Development, ADDED, announced the implementation of the Foreign Direct Investment Law within the Emirate of Abu Dhabi by issuing the “Foreign Direct Investment...

    Abu Dhabi - a global centre of energy, sustainability

    Abu Dhabi - a global centre of energy, sustainability

    22 Oct 2020

    Chairman of the Abu Dhabi Department of Energy Awaidha Murshed Al Marar has said that the department is implementing the directives and visions of the UAE’s leadership to enhance the...

    UK mortgages hit 13-year high but consumers curb other borrowing

    UK mortgages hit 13-year high but consumers curb other borrowing

    29 Sep 2020

    British mortgage approvals hit their highest in almost 13 years in August, underscoring the scale of the post-lockdown bounce-back in the housing market, but consumers turned more cautious about day-to-day...

    Sharjah, Romania highlight ways to enhance bilateral businesses

    Sharjah, Romania highlight ways to enhance bilateral businesses

    28 Sep 2020

    The Sharjah Chamber of Commerce & Industry (SCCI), received a Romanian delegation as part of the efforts to enhance the bilateral economic relations, boost trade exchange, develop the relations between...

    Jafza, ECI sign MoU to support growth plans of UAE businesses

    Jafza, ECI sign MoU to support growth plans of UAE businesses

    28 Sep 2020

    Jebel Ali Free Zone (Jafza) has entered into a strategic agreement with Etihad Export Credit Insurance Company (ECI) to support local businesses, advance exports, and drive the UAE economy during...

    Spain to revise 2020 GDP contraction forecast to 10%-11%

    Spain to revise 2020 GDP contraction forecast to 10%-11%

    28 Sep 2020

    The Spanish government plans to revise its forecast for economic contraction this year to between 10% and 11% from a previous 9.2% announced in May, news wire Europa Press reported...

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