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Bitcoin now a form of payment for Tesla: Elon Musk

24 Mar 2021

Gulf Today Report Tesla inc to accept bitcoin as a medium of payment for its electric cars said Elon Musk on Wednesday. The announcement marks an important step in...

Turkish lira plunges to near record low after CB chief sacked

22 Mar 2021

Turkey’s lira briefly fell 15 per cent to near its all-time low on Monday after President Tayyip Erdogan’s shock weekend ousting of a hawkish Central Bank governor sparked fears...

DLD’s bulletin highlights resilience of Dubai property sector

16 Mar 2021

Inayat-ur-Rahman, Deputy Business Editor According to the real estate bulletin issued by Dubai Land Department (DLD) under the name ‘Real Estate Updates,’ 3,036 new investors entered the market in...

Total value of tax liabilities linked to seizures hits Dhs2.74m

15 Mar 2021

Inayat-ur-Rahman, Gulf Today The Federal Tax Authority (FTA) announced on Monday that the total value of tax liabilities related to the seizures performed during inspection campaigns reached Dhs2.74 million....

Mining sector gets Dhs4.3 billion facility

12 Mar 2021

The quarrying and mining activities in the UAE received Dhs4.3 billion in credit facilities in 2020, bringing to Dhs14.94 billion the cumulative balance of loans obtained by the industry by...

Rolls-Royce suffers $5.6 billion loss in 2020

11 Mar 2021

British engine-maker Rolls-Royce plunged to a worse than expected 4 billion pound ($5.6 billion) loss in 2020 as the pandemic stopped airlines flying, but stuck to its forecast to burn...

Tech weighs on stocks as yields ring inflation alarm

08 Mar 2021

World shares dipped on Monday as the US Senate’s passage of a $1.9 trillion stimulus bill put fresh pressure on Treasuries and tech stocks with lofty valuations, raising inflation jitters....

Why VAT compliance is critical for business success in UAE

07 Mar 2021

Sponsored Content There is an interesting quote in the celebrated American Novel' Gone With the Wind': "Death, taxes and childbirth! There's never any convenient time for any of them"....

US, UK suspend tariffs and seek aircraft row resolution

04 Mar 2021

The United States agreed a four-month suspension of retaliatory tariffs imposed on British goods over a long-running aircraft subsidy row, with both sides pledging to use the time to resolve...

Oil prices rise on hope for demand

03 Mar 2021

Gulf Today Report Oil prices advanced on Wednesday, uplifted by the progress made in US vaccine rollouts, although uncertainty about OPEC+ Thursday meeting curtailed gains. US West Texas Intermediate...

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