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    Volkswagen in loss, cuts dividend

    Volkswagen in loss, cuts dividend

    30 Jul 2020

    Volkswagen reported a second-quarter operating loss on Thursday as vehicle deliveries dropped by almost a third due to the COVID-19 pandemic, forcing the German carmaker to cut its dividend despite...

    Pakistan registers 91% growth in foreign direct investment

    Pakistan registers 91% growth in foreign direct investment

    28 Jul 2020

    The overall 91 per cent growth in Foreign Direct Investment (FDI) in Pakistan got major support from an increase in Chinese investment, mainly in power projects under the frame of...

    US-China tensions weigh on European stocks; Centrica soars

    US-China tensions weigh on European stocks; Centrica soars

    24 Jul 2020

    European shares fell on Friday as global sentiment soured after Beijing ordered United States to close its consulate in a Chinese city in retaliation to similar action from Washington. ...

    ADNOC and ADQ to invest in chemical projects

    ADNOC and ADQ to invest in chemical projects

    22 Jul 2020

    Abu Dhabi National Oil Company (ADNOC) and holding company ADQ have signed a joint venture deal to invest in chemicals projects in the planned Ruwais Derivatives Park, a statement from...

    Thailand opens its motor show to public as restrictions relax

    Thailand opens its motor show to public as restrictions relax

    18 Jul 2020

    Thailand opened its twice-postponed annual auto show to the public as the country’s first large-scale event since coronavirus restrictions eased, with nearly all attendees wearing masks and face shields. The...

    Sharjah Municipality stops dealing with cash from July 15

    Sharjah Municipality stops dealing with cash from July 15

    15 Jul 2020

    Gulf Today, Staff Reporter The Sharjah City Municipality has stopped dealing with cash in its revenue and fine transactions from today, Wednesday, July 15.  The deposit system will however...

    Triple threat: Pakistan's mango growers face a sticky season

    Triple threat: Pakistan's mango growers face a sticky season

    20 Jun 2020

    A combination of a coronavirus-spurred trade slowdown, locust attacks and odd weather have created a nightmare year for growers and exporters of Pakistani mangoes, with both production and demand plummeting...

    Fitch cuts India’s sovereign rating outlook to ‘negative’

    Fitch cuts India’s sovereign rating outlook to ‘negative’

    19 Jun 2020

    Fitch cut its outlook on India’s sovereign rating to “negative” from “stable” on Thursday and forecast a 5% contraction in growth for the current fiscal year, saying the coronavirus outbreak...

    Lebanese central bank to inject dollars as currency tumbles

    Lebanese central bank to inject dollars as currency tumbles

    12 Jun 2020

    Lebanon's money changers said the country's central bank agreed Friday to inject fresh dollars into the market to prop up the national currency following a night of protests spurred by...

    Stock markets fall as investors lock in profit after recent run

    Stock markets fall as investors lock in profit after recent run

    10 Jun 2020

    Global stock markets fell on Tuesday as investors locked in profits from a strong recent run, with analysts saying that equity valuations had started to look too optimistic, prompting a...

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