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    Musk puts on hold $44 billion deal for Twitter, shares slump

    Musk puts on hold $44 billion deal for Twitter, shares slump

    13 May 2022

    Elon Musk on Friday put his $44-billion deal for Twitter Inc temporarily on hold, citing pending details in support of calculation that spam and fake accounts indeed represent less than...

    Top nationalities continue to invest in Dubai realty market

    Top nationalities continue to invest in Dubai realty market

    08 May 2022

    Inayat-ur-Rahman, Business Editor Foreign investors continue foraying into Dubai as it concluded the first quarter on a high note. The Dubai property market recorded the best ever quarter since...

    India to reopen abandoned coal mines as heatwave hits supply

    India to reopen abandoned coal mines as heatwave hits supply

    06 May 2022

    India plans to lease abandoned coal pits to private mining companies, a government official said on Friday, in an effort to ramp up production as power outages exacerbate a sweltering...

    Independent auditors’ report to the directors of friends provident international limited in respect of its UAE branch

    Independent auditors’ report to the directors of friends provident international limited in respect of its UAE branch

    06 May 2022

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    MBRAM Solar Park key pillar to reach 100% clean energy in Dubai

    MBRAM Solar Park key pillar to reach 100% clean energy in Dubai

    05 May 2022

    Mohammed Bin Rashid Al Maktoum (MBRAM) Solar Park, the largest single-site solar park in the world, is one of the most extensive clean and renewable energy projects that Dubai Electricity...

    UAE Central Bank raises base rate by 50 basis points

    UAE Central Bank raises base rate by 50 basis points

    05 May 2022

    Gulf Today, Staff Reporter The Central Bank of the UAE decided to raise the base rate on overnight deposit facilities by 50 basis points, as of Thursday, May 05,...

    GCC states must harness digitisation to become global logistics superpowers

    GCC states must harness digitisation to become global logistics superpowers

    04 May 2022

    Staff Reporter, Gulf Today GCC countries can become titans of the global logistics industry by creating a digital-first mindset, helping the region move from digital technology adopters on the global...

    Saudi’s gross domestic product grows by 9.6% in Q1 of this year

    Saudi’s gross domestic product grows by 9.6% in Q1 of this year

    02 May 2022

    The Saudi General Authority for Statistics (GASTAT) has published on its website flash estimates of the Saudi Gross Domestic Product (GDP) growth rate for the first quarter of 2022. ...

    Nakheel accepts cryptocurrencies for rent and real estate purchases in Dubai

    Nakheel accepts cryptocurrencies for rent and real estate purchases in Dubai

    29 Apr 2022

    Gulf Today, Staff Reporter Customers of Dubai real estate developer Nakheel can now pay their rent, service fees and property purchases using cryptocurrency, after an exclusive partnership with Hayvn,...

    Fed’s Kaplan sees risk of inflation gaining a foothold in US economy

    Fed’s Kaplan sees risk of inflation gaining a foothold in US economy

    15 May 2021

    Dallas Federal Reserve President Robert Kaplan raised the prospect of a worrisome rise in US inflation expectations, as imbalances between supply and demand for labour and goods put upward pressure...

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