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    UAE’s 5-year tranche Treasury Bonds attract strong demand

    UAE’s 5-year tranche Treasury Bonds attract strong demand

    12 Sep 2022

    The United Arab Emirates, represented by the Ministry of Finance (MoF) as the issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent,...

    India’s retail inflation accelerates to 7 per cent year-on-year in August

    India’s retail inflation accelerates to 7 per cent year-on-year in August

    12 Sep 2022

    India’s retail inflation accelerated to 7 per cent year-on-year (Y/Y) in August, driven by a surge in food prices, adding pressure on the central bank to further hike interest rates...

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

    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...

    Germany announces $64.7b plan to bring down soaring inflation

    Germany announces $64.7b plan to bring down soaring inflation

    04 Sep 2022

    Germany will spend at least 65 billion euros ($64.7 billion) on shielding customers and businesses from soaring inflation, Chancellor Olaf Scholz said on Sunday, two days after Russia announced it...

    Indonesia hikes fuel prices to rein in ballooning subsidies

    Indonesia hikes fuel prices to rein in ballooning subsidies

    03 Sep 2022

    Indonesia raised subsidised fuel prices by about 30% on Saturday, as the government moves to rein in ballooning subsidies despite a risk of mass protests. The price of subsidised...

    Dubai’s weeklong real estate transactions total Dhs7.4 billion

    Dubai’s weeklong real estate transactions total Dhs7.4 billion

    02 Sep 2022

    Dubai’s real estate and properties transactions were valued at Dhs7.4 billion in total during the week ending 2nd September 2022, with sum transactions of 2,593, according to statistics from the...

    Work on Kalba Waterfront completed

    Work on Kalba Waterfront completed

    01 Sep 2022

    Gulf Today, Staff Reporter The Sharjah Investment and Development Authority (Shurooq) has announced that construction work on the Kalba Waterfront in Sharjah’s Eastern Region, the largest retail and first...

    Interest rate and recession fears knock global stock markets, oil

    Interest rate and recession fears knock global stock markets, oil

    31 Aug 2022

    Record-high inflation in the euro zone compounded recession fears stalking markets on Wednesday as central banks on both sides of the Atlantic prepared to raise borrowing costs for businesses and...

    Foreign companies managed in UAE to be subject to CT regime

    Foreign companies managed in UAE to be subject to CT regime

    28 Aug 2022

    Inayat-ur-Rahman, Business Editor The residency concept is the key factor to determine whether business profits will be taxable under UAE corporate tax regime (CT regime). The legal person incorporated in...

    China’s factory inflation eases in July, consumer prices speed up

    China’s factory inflation eases in July, consumer prices speed up

    10 Aug 2022

    China’s factory-gate inflation eased in July to a 17-month low, defying global cost pressures as slower domestic construction weighed on raw material demand, although consumer price increases hit a two-year...

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