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    Australia, Malaysia, Singapore and S. Africa launch new digital scheme

    Australia, Malaysia, Singapore and S. Africa launch new digital scheme

    02 Sep 2021

    Central banks in Australia, Singapore, Malaysia and South Africa will conduct a cross border payments trial using different central bank digital currencies (CBDC) to assess if this allows transactions to...

    Emirates Steel a major supporter of UAE’s downstream industries

    Emirates Steel a major supporter of UAE’s downstream industries

    07 Aug 2021

    Emirates Steel, the leading integrated steel plant in the Middle East, strives to maximise its contribution to the UAE’s downstream industries, providing this vital sector with 90 per cent of...

    Queen Elizabeth’s favourite foods, according to royal chef

    Queen Elizabeth’s favourite foods, according to royal chef

    02 Aug 2021

    Gulf Today Report With a team of world-class chefs, access to the best food that money can buy, and dining rooms at palaces across the UK, you would have thought...

    Mubadala invests $250 million in global biosimulation firm Certara

    Mubadala invests $250 million in global biosimulation firm Certara

    28 Jul 2021

    Certara, a global leader in biosimulation, on Wednesday announced that Mubadala Investment Company (Mubadala) has made an approximately $250 million investment in Certara. The investment aligns with Mubadala’s strategy of...

    UAE to boost competitiveness of the global industrial sector

    UAE to boost competitiveness of the global industrial sector

    27 Jul 2021

    The Ministry of Industry and Advanced Technology (MoIAT) and Etihad Credit Insurance (ECI) on Tuesday signed a Memorandum of Understanding (MoU) to inject capital into the UAE’s industrial sector and...

    6,388 sales transactions worth Dhs14.79 billion recorded in June: DLD

    6,388 sales transactions worth Dhs14.79 billion recorded in June: DLD

    25 Jul 2021

    Dubai’s real estate (realty) sector has maintained an increasing pace of performance, reflecting the vitality, flexibility and attractiveness of Dubai’s property market by recording 6,388 sales transactions worth Dhs14.79 in...

    Business borrowing in US for equipment rises 17 per cent in June

    Business borrowing in US for equipment rises 17 per cent in June

    24 Jul 2021

    Borrowings by US companies for capital investments rose about 17 per cent in June from a year earlier, the Equipment Leasing and Finance Association (ELFA) said. The companies signed...

    IMF board approves big lending increment for poorest nations

    IMF board approves big lending increment for poorest nations

    22 Jul 2021

    The International Monetary Fund on Thursday said it would revamp its concessional lending programmes to better support low-income countries during the COVID-19 pandemic and recovery, and raised the prospect of...

    SIB’s net operating profit rises 26 per cent

    SIB’s net operating profit rises 26 per cent

    17 Jul 2021

    Sharjah Islamic Bank announced an increase in its operating profit before provisions by 25.6%, amounting to Dhs417.3 million for the first six months, compared to Dhs332.3 million for the same...

    British stock markets take a hop as UK set to reopen next week

    British stock markets take a hop as UK set to reopen next week

    16 Jul 2021

    London’s FTSE 100 gained on Friday, boosted by optimism about economic re-opening, although the index was set to post a weekly loss on weakness in energy and travel stocks. ...

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