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    Turkish July inflation rises to a fresh 24-year high of 79.6%

    Turkish July inflation rises to a fresh 24-year high of 79.6%

    03 Aug 2022

    Turkish inflation rose to a fresh 24-year high of 79.6 per cent in July, data showed on Wednesday as the lira’s continued weakness and global energy and commodity costs pushed...

    Mohammed swears in 4 new Dubai International Financial Centre Courts judges

    Mohammed swears in 4 new Dubai International Financial Centre Courts judges

    28 Jul 2022

    Four new judges of the Dubai International Financial Centre Courts (DIFC Courts) were sworn in before His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of...

    Global stocks sweep higher on US corporate earnings report

    Global stocks sweep higher on US corporate earnings report

    19 Jul 2022

    Global stock markets climbed on Tuesday as equities rallied while the dollar was down for a third straight day as the door was opened for the European Central Bank to...

    Lender successfully concludes advisory

    Lender successfully concludes advisory

    14 Jul 2022

    Inayat-ur-Rahman, Business Editor EFG Hermes, the leading investment bank franchise in Frontier Emerging Markets (FEM), announced on Thursday that its investment banking division successfully concluded advising Auf Group’s founders...

    Global stocks climb on recession watch; pound gains on Johnson exit

    Global stocks climb on recession watch; pound gains on Johnson exit

    07 Jul 2022

    Stock markets recovered further on Thursday as investors weighed recession risks, while the pound rallied on the resignation of Britain’s scandal-hit Prime Minister Boris Johnson as leader of the Conservative...

    India’s RBI increases key interest rates as inflation pressures build

    India’s RBI increases key interest rates as inflation pressures build

    08 Jun 2022

    The Reserve Bank of India’s (RBI) key interest rate was raised by 50 basis points on Wednesday as widely expected, the second hike in as many months, in a bid...

    FTA board adopts financial statements for 2021

    FTA board adopts financial statements for 2021

    20 Apr 2022

    Dubai: In its second meeting of the year, the Board of Directors of the Federal Tax Authority (FTA) – chaired by Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, Deputy...

    UAE, Israel strengthen tourism and economic relations

    UAE, Israel strengthen tourism and economic relations

    11 Feb 2022

    The UAE and Israel signed a Memorandum of Understanding (MoU) to strengthen their tourism and economic cooperation and reinforce their bilateral ties. The MoU was signed by Dr Ahmed...

    Dubai-based venture capitalists rally behind customer-facing startups

    Dubai-based venture capitalists rally behind customer-facing startups

    17 Sep 2021

    Staff Reporter, Gulf Today The UAE’s consistent efforts to fuel the entrepreneurial spirit in the country are beginning to bear fruit. As per MAGNiTT MENA H1 2021 Venture...

    Factory activity lost momentum on pandemic-related supply disruptions

    Factory activity lost momentum on pandemic-related supply disruptions

    01 Sep 2021

    Global factory activity lost momentum in August as the ongoing coronavirus pandemic-disrupted supply chains, raising concerns faltering manufacturing would add to economic woes caused by slumping consumption, surveys showed on...

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