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Fiscal stimulus drives US growth; labour market recovers steadily

29 Apr 2021

The US economic growth accelerated in the first quarter, fueled by massive government aid to households and businesses, charting the course for what is expected to be the strongest performance...

UAE boosts its position in global competitiveness indexes

25 Apr 2021

Business Bureau, Gulf Today The UAE has strengthened its leading position in international competitiveness indexes, related to banking and fiscal policies, by securing places among the top 20 countries...

Egypt’s largest solar plant gets $114 million financing package

23 Apr 2021

The European Bank for Reconstruction and Development (EBRD), the Opec Fund for International Development (the Opec Fund), the African Development Bank (AfDB), the Green Climate Fund (GCF) and Arab Bank...

DP World reports 10 per cent volume growth in Q1

22 Apr 2021

DP World Limited handled 18.9 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2021, with gross container volumes increasing by 10.2...

The best picks

22 Apr 2021

Can you imagine if Tom Hanks had not played Forrest Gump in the movie “Forrest Gump” and instead the character was played by John Travolta? No, neither can I....

Canada unveils pandemic recovery budget

19 Apr 2021

Gulf Today Report Canadian government presents its fiscal plan that would be outlining the country’s recovery plan as virus infection soar. The 2021 budget is the first from Prime...

Adnoc keen to work with India on potential of hydrogen market

15 Apr 2021

The Abu Dhabi National Oil Company (Adnoc) is keen to explore the hydrogen market with India’s public and private sectors to support India’s growing demand for energy and need for...

European stocks, Asian shares decline as coronavirus cases soar

12 Apr 2021

Gulf Today Report European stocks dropped on Monday as investors deferred from betting and British retailers get ready to reopen. The pan-European STOXX 600 index slipped 0.1% by 07:11...

China fines Alibaba record $2.75 billion for violations

10 Apr 2021

China slapped a record 18 billion yuan ($2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its dominant market...

Mohammed approves Dhs30 billion financial support for businesses

05 Apr 2021

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, approved the Emirates Development Bank (EDB) Strategy to provide a sizeable Dhs30 billion financial...

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