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    Dubai firm to pay back salaries deducted during COVID-19

    Dubai firm to pay back salaries deducted during COVID-19

    14 Nov 2020

    Sajjad Ahmad, Staff Reporter Nothing can be more frustrating for employees of any firm than getting their salaries deducted by employers and any explanation given by the firm fails to...

    Emirates Group reports its 2020-21 financial performance

    Emirates Group reports its 2020-21 financial performance

    12 Nov 2020

    Gulf Today Report The Emirates Group on Thursday reported its financial performance for 2020-21. The group generated revenue amounting to Dhs13.7 billion (US$3.7 billion) for the first six months...

    European, Asian shares rise over the prospect of a COVID-19 vaccine

    European, Asian shares rise over the prospect of a COVID-19 vaccine

    11 Nov 2020

    Gulf Today Report   European shares climbed on Wednesday for a third session as confidence surrounds the effectiveness of COVID-19 vaccine.   The pan-European STOXX 600 gained 0.5%, building on...

    Oil climbs as US crude stocks decline

    Oil climbs as US crude stocks decline

    11 Nov 2020

    Gulf Today Report Oil prices rose over 1% on Wednesday following a report stating that US crude inventories have declined beyond expectations. Brent crude futures were up 48 cents,...

    UK unemployment rate at its highest since 2016

    UK unemployment rate at its highest since 2016

    10 Nov 2020

    Gulf Today Report  The unemployment rate in the UK surged to its highest level since 2016 as the pandemic effect led to a lot of lay-offs, the Office for National...

    Asian stocks, Wall Street climb, European shares hover at possibility of coronavirus vaccine

    Asian stocks, Wall Street climb, European shares hover at possibility of coronavirus vaccine

    10 Nov 2020

    Gulf Today Report   Asian stock markets jumped on Tuesday on the prospect of a coronavirus vaccine.    Benchmarks in Shanghai, Tokyo, Hong Kong and Sydney rose while Seoul fell...

    Israeli business delegation explores opportunities in UAE to boost ties

    Israeli business delegation explores opportunities in UAE to boost ties

    09 Nov 2020

    Business Bureau, Gulf Today In order to strengthen the economic relations between the UAE  and Israel, the Dubai Chamber of Commerce and Industry, on Monday received a high-level business delegation...

    Abu Dhabi’s non-oil foreign trade zooms, touches Dhs151.18b mark

    Abu Dhabi’s non-oil foreign trade zooms, touches Dhs151.18b mark

    09 Nov 2020

    Inayat-ur-Rahman     Abu Dhabi’s non-oil foreign trade sector registered robust growth touching Dhs151.18 billion mark from January to September 2020, despite the challenges of COVID-19 pandemic.   The virus...

    Gold rises as dollar weakens following Biden’s victory

    Gold rises as dollar weakens following Biden’s victory

    09 Nov 2020

    Gulf Today Report Gold prices climbed on Monday due to the weak dollar and prospects of large coronavirus stimulus measures under the new administration. Spot gold rose 0.5% to...

    Japanese automakers raise profit forecast on rising China demand

    Japanese automakers raise profit forecast on rising China demand

    06 Nov 2020

    Major Japanese automakers have raised their profit forecast as demand for vehicles from China rose after the slump due to coronavirus pandemic. Toyota Motor Corporation more than doubled its...

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