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Gulf Today Report The African Continental Free Trade Area (AfCFTA) was supposed to kick off months ago but coronavirus pandemic and slow pace of negotiations delayed it. The AfCFTA...
France’s economy will take two years to recover from its worst post-war recession, triggered this year by the coronavirus outbreak, the central bank (CB) said. The eurozone’s second-biggest economy...
Factory activity in China contracted at the fastest pace ever in February, even worse than during the global financial crisis, highlighting the colossal damage from the coronavirus outbreak on the...
China has temporarily blocked planned cross-border listings between the Shanghai and London stock exchanges because of political tensions with Britain, five sources told Reuters. Suspending the Shanghai-London Stock Connect...
For the first time since the Great Recession a decade ago, the US Federal Reserve is poised to cut interest rates, shoring up America’s defenses as the global economy weakens....
Competitive currency devaluation does not benefit any country and could cause chaos to global financial order, former China central bank governor Zhou Xiaochuan said on Friday. Zhou did not specifically...
Inayat-ur-Rahman Dubai: Pakistan Prime Minister Imran Khan’s government presented a Rs6 trillion (Dhs147.72b) federal budget of 2019-20 on Tuesday. A cross-section of Pakistani expats and business heavyweights share...
Blackstone Group LP is buying US industrial warehouse properties from Singapore-based logistics provider GLP for $18.7 billion, in what the companies billed as the largest private real estate transaction globally....
Business Bureau, Gulf Today Dubai Land Department (DLD) signed a license agreement with Mashreq Bank, one of the first banks operating in the UAE, for the use of the...
Global shares climbed on Monday as investors snapped up automaker stocks following confirmation of merger talks between Fiat Chrysler and Renault, and after pro-EU parties kept a firm grip on...