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    India’s July services growth falls to 4-month low as inflation stays high

    India’s July services growth falls to 4-month low as inflation stays high

    04 Aug 2022

    Growth in India’s dominant services industry slowed sharply in July, squeezed by high inflationary pressures and weaker demand, leading to a further fall in business expectations, a private survey showed....

    DFM welcomes listing of Union Coop’s shares

    DFM welcomes listing of Union Coop’s shares

    18 Jul 2022

    Staff Reporter, Gulf Today Dubai Financial Market (DFM) on Monday welcomed the listing of Union Coop’s shares, becoming the first cooperative society in the UAE to take this pioneering...

    IMF reaches deal with Pakistan to revive $6b bailout

    IMF reaches deal with Pakistan to revive $6b bailout

    14 Jul 2022

    The International Monetary Fund (IMF) said on Thursday it had reached a preliminary agreement with Pakistan to revive a $6 billion bailout package for this impoverished Islamic nation, which has...

    NFTs, metaverse on the rise in Dubai

    NFTs, metaverse on the rise in Dubai

    10 Jul 2022

    Inayat-ur-Rahman, Business Editor The Non Fungible Tokens (NFTs) and metaverse-related initiatives are on the rise in Dubai, with ColossalBit leading the charge and working with government entities in growing...

    Hub71 and e& to launch UAE’s first AI Centre of Excellence

    Hub71 and e& to launch UAE’s first AI Centre of Excellence

    30 Jun 2022

    Hub71, Abu Dhabi’s global tech ecosystem, and e& enterprise, part of e& (formerly known as Etisalat Group), on Thursday announced the launch of the region’s first AI Centre of Excellence...

    DIFC plans to implement new ‘Savings Scheme’ for employees

    DIFC plans to implement new ‘Savings Scheme’ for employees

    13 Jun 2022

    Dubai International Financial Centre (DIFC), the entity responsible for supervising the implementation of the ‘Savings Scheme for Employees in Government of Dubai’ for expatriates, held several virtual town hall meetings...

    Air Arabia Abu Dhabi launches new route to Indian city of Ahmedabad

    Air Arabia Abu Dhabi launches new route to Indian city of Ahmedabad

    25 Apr 2022

    Air Arabia Abu Dhabi, the capital’s first low-cost carrier, has announced the introduction of a new service to Ahmedabad, the largest city in the state of Gujrat in India, starting...

    UAE and Kuwait sign agreement to establish virtual trade corridor

    UAE and Kuwait sign agreement to establish virtual trade corridor

    27 Mar 2022

    AD Ports Group on Sunday announced the signing of a Memorandum of Understand (MoU) with the Kuwait General Administration of Customs to establish a new virtual trade corridor between the...

    Indian shares tumble 3% on growing Russia-Ukraine tensions

    Indian shares tumble 3% on growing Russia-Ukraine tensions

    14 Feb 2022

    Indian shares recorded their biggest one-day percentage drop in 10 months on Monday, tracking a selloff in global markets as investors turned jittery over escalating tensions between Russia and the...

    Saudi oil giant Aramco transfers 4% of shares to sovereign fund

    Saudi oil giant Aramco transfers 4% of shares to sovereign fund

    13 Feb 2022

    Energy-giant Saudi Aramco on Sunday said it had transferred four percent of its shares to the kingdom's Public Investment Fund, the state news agency SPA reported. Quoting Saudi Crown...

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