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    DIFC turns into a destination of festivities and culinary delights

    DIFC turns into a destination of festivities and culinary delights

    21 Dec 2022

    Dubai International Financial Centre (DIFC), a vibrant urban destination for culture and community, is spreading festive cheer through the holiday season with an exciting line up of in-store sales, delicious...

    Touching tributes: British nationals in UAE mourn the death of Queen Elizabeth II

    Touching tributes: British nationals in UAE mourn the death of Queen Elizabeth II

    09 Sep 2022

    Inayat-ur-Rahman, Business Editor Today the whole world mourns the loss of an extraordinary woman — Her Majesty Queen Elizabeth II. (RIP). Her Majesty was a close friend of the UAE...

    China’s new bank loans rise less than expected, credit growth slows

    China’s new bank loans rise less than expected, credit growth slows

    09 Sep 2022

    New bank lending in China rose less than expected in August, while broad credit growth slowed, as COVID flare-ups and a deepening property crisis weigh heavily on the economy despite...

    Major rating agencies say Ukraine in default

    Major rating agencies say Ukraine in default

    13 Aug 2022

    Global rating agencies S&P and Fitch on Friday lowered Ukraine’s foreign currency ratings to selective default and restricted default as they consider the country’s debt restructuring as distressed. Earlier...

    Tata seeks $1.8 billion aid to keep British steel plant open

    Tata seeks $1.8 billion aid to keep British steel plant open

    22 Jul 2022

    Indian steel giant Tata Steel said on Friday it could close its major plant at Port Talbot in Wales unless it receives British government aid to help decarbonise production. ...

    Central Bank of the UAE raises the Base Rate at 75 basis points

    Central Bank of the UAE raises the Base Rate at 75 basis points

    15 Jun 2022

    The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 75 basis points, effective from Thursday, 16 June...

    India adds 14 unicorns in H1, builds 70,000 startups in 8 years

    India adds 14 unicorns in H1, builds 70,000 startups in 8 years

    04 Jun 2022

    Before the funding winter hit the Indian startup ecosystem, the country gave birth to at least 14 unicorns in the first five months of the year. According to Union Science...

    UAE Minister visits pavilions at Expo, explores technological developments

    UAE Minister visits pavilions at Expo, explores technological developments

    22 Mar 2022

    Staff Reporter, Gulf Today Mohammed Bin Ahmed Al Bowardi, Minister of State for Defence Affairs, visited the pavilions of Japan, China and Syria at Expo 2020 Dubai. During his...

    World stock markets stay mixed after oil climbs back above $100

    World stock markets stay mixed after oil climbs back above $100

    18 Mar 2022

    Shares have opened lower in Europe after gains for most Asian benchmarks as oil prices hovered above $100 per barrel. Stocks rose in Tokyo and Shanghai but fell in...

    Adnoc to develop world-scale methanol facility in Ruwais

    Adnoc to develop world-scale methanol facility in Ruwais

    03 Mar 2022

    Abu Dhabi National Oil Company (Adnoc) on Thursday signed an agreement with Proman, one of the world’s leading producers of methanol, to develop the UAE’s first world-scale methanol production facility...

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