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ADFD rounds up 2020 with project allocations worth over Dhs622m

21 Jan 2021

The Abu Dhabi Fund for Development (ADFD) continued to advance its sustainable development agenda within the country and abroad through clean-energy initiatives. The number of projects funded and completed...

Gold declines as dollar and US Treasury yields gain

14 Jan 2021

Gulf Today Report Gold prices fell on Thursday after US Treasury yields and the dollar regained and investors wait for US President Joe Biden’s coronavirus stimulus proposal. Spot gold fell...

Chinese factory prices go down at slowest pace in 10 months

11 Jan 2021

China’s factory gate prices fell last month at their slowest pace since February, official data showed on Monday, suggesting the country’s manufacturing sector continues to see a rapid recovery from...

Sheikh Sultan inspects Layyah power plant in Sharjah, meets Sewa chairman

31 Dec 2020

His Highness Dr Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, underscored the importance of the energy sector being one of the priorities of...

Dubai FDI reviews opportunities in food and technology sectors

30 Dec 2020

The Dubai Investment Development Agency (Dubai FDI) hosted two webinars recently to connect with potential investors and partners from France and Switzerland and to explore opportunities in the strategic sectors...

Indian shares record gains

28 Dec 2020

Gulf Today Report Indian shares advanced on Monday as Reliance Industries Ltd and HDFC Bank Ltd record gains as President Trump signs the pandemic aid bill. The NSE Nifty 50...

Sheikh Sultan approves largest ever Dhs33.6b budget for Sharjah government

27 Dec 2020

His Highness Dr Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved the general budget for the Emirate of Sharjah of Dhs33.6 billion for...

Oil prices fall as US crude stock gains

23 Dec 2020

Gulf Today Report Oil prices declined above 1% on Wednesday following an unexpected increase in US crude oil inventories and President Donald Trump threatening to not sign the stimulus bill....

EU conditionally approves Fiat Chrysler and PSA merger

21 Dec 2020

The European Union on Monday gave conditional approval to the mega-merger of car giants Fiat Chrysler (FCA) and Peugeot Citroen (PSA), after the firms agreed commitments to overcome competition fears....

Gold increases as dollar slides

11 Dec 2020

Gulf Today Report Gold rose on Friday as the dollar concern outweighs delay of US coronavirus package. Spot gold rose 0.1% to $1,837.21 per ounce by 05:31 GMT. US...

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