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SCCI, MoE to boost cooperation to expand state’s exports map

06 Mar 2021

Dr Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, emphasised the importance of supporting the products of Emirati companies, expanding logistics networks and diversifying the state’s foreign...

Lufthansa plans faster plane groundings after record loss

05 Mar 2021

Lufthansa may permanently ground more jets to emerge leaner from the coronavirus pandemic, the German airline group said, as it reported a record 6.7 billion euro ($8.10 billion) loss for...

India attracts FDI inflow of $67.54 billion

04 Mar 2021

India has attracted total foreign direct investment (FDI) inflow of $67.54 billion during April to December 2020, Centre said on Thursday. Accordingly, it is the highest ever inflow for the...

Abu Dhabi highlights impact of COVID-19 on global economy

02 Mar 2021

Abu Dhabi School of Management owned by the Abu Dhabi Chamber held two webinars during UAE Innovation Month 2021. The webinars addressed the impact of COVID-19 on innovation and the...

Berkshire buys back its stocks although pandemic hits results

28 Feb 2021

Warren Buffett is upbeat on US economy and his company Berkshire Hathaway continues to buy back its stocks even as COVID-19 pandemic hits results. Buffett’s enthusiasm for the future...

UK sets out blueprint to rescue fintech companies after Brexit

26 Feb 2021

Brexit, COVID-19 and overseas competition are challenging fintech’s future in Britain and the country should act to stay competitive, a government-backed review said on Friday. Britain’s departure from the...

Oil prices gain on Fed remark, decline in US output

25 Feb 2021

Gulf Today Report Oil prices advanced on Thursday, supported by Fed remark that US interest rates will remain low and a drop in US output due to storm in Texas....

Pakistan government focusing on real sector economic growth

21 Feb 2021

Federal Minister for Finance and Revenue, Dr Abdul Hafeez Shaikh said that the government had been focusing on improving the real sector growth through promotion of agriculture, industrial and services...

European stocks rise, Asian stocks record decline

19 Feb 2021

Gulf Today Report European stocks jumped on Friday despite a survey that indicated the Eurozone is in recession due to the pandemic. Europe's eurostoxx 50 futures and Germany's DAX...

Airbus lost $1.3 billion amid global pandemic; forecasts better 2021

18 Feb 2021

European plane maker Airbus lost 1.1 billion euros ($1.3 billion) last year amid an unprecedented global slump in air travel because of the pandemic, but expects to deliver hundreds of...

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