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Tadawul to set off derivatives trading from next month

14 Jul 2020

The Saudi Stock Exchange (Tadawul) said on Tuesday trading in the kingdom’s first exchange-traded derivatives product would start on Aug.30, part of moves to make the Saudi equity market more...

CEO buys ailing New Zealand media giant for NZ$1

25 May 2020

Struggling New Zealand media giant Stuff Limited was sold in a management buy-out deal for the symbolic fee of NZ$1.00 (US$0.61), the group's Australian owners Nine Entertainment announced on Monday....

German tax revenues fall 23.5 per cent due to coronavirus pandemic

22 May 2020

Tax revenues of the German government and the 16 federal states declined by 23.5% in April from a year earlier to around 39 billion euros ($43 billion) due...

Global stocks lower amid China tension with US, Australia

21 May 2020

Global stock markets declined on Thursday after Japanese exports plunged and Chinese trade tensions with Washington and Australia worsened. Investors were looking ahead to Friday’s meeting of China’s...

ADQ holding company launches new Dhs1.1b venture fund at ADGM

20 May 2020

Abu Dhabi Developmental Holding Company (ADQ), one of the region’s largest holding companies with a diverse portfolio of major enterprises spanning key sectors of Abu Dhabi’s non-oil economy, has launched...

Indian PM announces $270b virus economic package

12 May 2020

India's Prime Minister Narendra Modi unveiled on Tuesday a $270 billion stimulus package for labourers and small businesses to boost flagging growth as the country grapples with the...

Emirates Group will emerge strong from crisis: Sheikh Mohammed

11 May 2020

Inayat-ur-Rahman, Business Reporter His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, said on the eve of Emirates Group’s...

Argentina, global creditors try to restructure $65 billion debt

09 May 2020

Argentina will keep pushing for talks with global creditors even as a deadline for its $65 billion debt restructuring proposal passed on Friday with little sign it had the support...

Sheraa sets up $1m grant for startups

04 May 2020

The Sharjah Entrepreneurship Centre (Sheraa), has pledged a $1 million solidarity fund to help startups that are under strain due to the coronavirus pandemic. In honour of the #UbuntuLoveChallenge,...

Abu Dhabi Airports to deploy new technology to counter COVID-19

02 May 2020

Business Bureau, Gulf Today Abu Dhabi Airports has partnered with Tawazun Strategic Development Fund (TSDF) to launch the new CoDi BOT UGV (Unmanned Ground Vehicle), designed and manufactured by UAE-based...

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