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    Dubai Chamber event sheds light on Ethiopia’s Expo 2020 plans

    Dubai Chamber event sheds light on Ethiopia’s Expo 2020 plans

    19 Dec 2019

    Business Bureau, Gulf Today The representative office Dubai Chamber of Commerce and Industry (DCCI) in Addis Ababa recently hosted an event in collaboration with the Ethiopian Ministry of Trade...

    India’s GST Council fixes 28 per cent uniform tax rate for lotteries

    India’s GST Council fixes 28 per cent uniform tax rate for lotteries

    19 Dec 2019

    While the all-powerful GST Council kept rates unchaged in its 38th meeting, it voted for a uniform rate of 28 per cent on both state-run and state-authorised lotteries. During...

    New facility becomes operational to optimise power assets in ME

    New facility becomes operational to optimise power assets in ME

    18 Dec 2019

    Business Bureau, Gulf Today Gulf Electrical Power Laboratories (CESI|GEPL), a state-of-the-art electromechanical testing facility, announced the commencement of their operations as a separate entity that provides localised and technical services...

    Bank of England to adjust rules on capital for British lenders

    Bank of England to adjust rules on capital for British lenders

    17 Dec 2019

    The Bank of England (BoE) to adjust the rules on how much capital British banks must hold, to allow them to keep lending in an economic crisis.  The BoE said...

    India’s GDP projected to rise sharply to 7.1 per cent during 2021 fiscal

    India’s GDP projected to rise sharply to 7.1 per cent during 2021 fiscal

    17 Dec 2019

    India’s gross domestic product (GDP) growth is projected to rise sharply in fiscal 2021 to 7.1 per cent from an estimated 5.7 per cent in the financial year (fiscal) 2020,...

    Boeing to suspend production of 737 MAX jetliner in January

    Boeing to suspend production of 737 MAX jetliner in January

    17 Dec 2019

    Boeing Co would suspend production of its best-selling 737 MAX jetliner in January, its biggest assembly-line halt in more than 20 years, as fallout from two fatal crashes of the...

    UAE, Egypt to strengthen trade relations, boost bilateral exports

    UAE, Egypt to strengthen trade relations, boost bilateral exports

    16 Dec 2019

    Business Bureau, Gulf Today UAE and Egypt have agreed to strengthen trade relations and boost bilateral exports between the two countries through a Memorandum of Understanding (MoU) signed between...

    Pakistan’s economy improving with every passing day, says SBP

    Pakistan’s economy improving with every passing day, says SBP

    15 Dec 2019

    Governor State Bank of Pakistan (SBP) Reza Baqir said that country’s foreign reserves are increasing and today’s situation is far better as compared to the past. Speaking to journalists...

    Mobile handset import duty in India may be kept at 20 per cent

    Mobile handset import duty in India may be kept at 20 per cent

    15 Dec 2019

    The government is unlikely to increase the basic customs duty on import of mobile handsets from 20 per cent in the upcoming budget, according to official sources. No proposal was...

    Brazil’s conditions for buoyant growth make 2020 a critical year

    Brazil’s conditions for buoyant growth make 2020 a critical year

    15 Dec 2019

    Conditions for buoyant economic growth in Brazil have rarely, if ever, been better, making 2020 a ‘make or break’ year for Latin America’s largest and long underachieving economy. Unprecedented...

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