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Asian shares sink on fading global recovery hopes

24 Sep 2020

Asian shares dropped on Thursday, set for their worst day in two months, as warnings from US Federal Reserve officials underscored investor worries over the resilience of an economic recovery...

Trade between Dubai and Saudi reached Dhs500 billion in last decade

22 Sep 2020

Ahmed Mahboob Musabih, Director-General of Dubai Customs said the non-oil trade between Dubai and Saudi Arabia amounted to Dhs500 billion ($136 billion) in the last ten years (2010-2020), which makes...

BOJ keeps monetary policy steady and upgrades its view on economy

17 Sep 2020

The Bank of Japan (BOJ) kept monetary policy steady on Thursday and slightly upgraded its view on the economy, suggesting that no immediate expansion of stimulus was needed to combat...

Expo Centre Sharjah delays Watch & Jewellery Middle East Show (WJMES) to April 2021

12 Sep 2020

Gulf Today, Staff Reporter The Board of Directors of theExpo Centre Sharjah has announced that the 48th and 49th editions of the Watch & Jewellery Middle East Show (WJMES), which was...

Gold gains as global growth worries lend support

07 Sep 2020

Gold prices edged higher on Monday after weak US data raised concerns over a quick economic rebound from the coronavirus-led slump and cemented hopes that lower interest rates would last...

Weak German retail sales dash hopes for strong recovery in Q3

02 Sep 2020

German retail sales fell unexpectedly in July, data showed on Wednesday, dashing hopes that household spending in Europe’s largest economy can drive a strong recovery in the third quarter from...

Jeff Bezos becomes first person on Earth to have $200 billion

28 Aug 2020

Amazon Founder and CEO Jeff Bezos has become the first person ever whose net worth soared over $200 billion, according to Forbes and Bloomberg Billionaires Index. The net worth...

Qantas to slash 2,500 more jobs

25 Aug 2020

Qantas Airways announced plans to cut up to 2,500 more jobs by outsourcing its Australian ground handling operations to lower costs as it braces for a A$10 billion ($7.17 billion)...

Dollar slips, trade-related currencies rise on successful US-China phone call

25 Aug 2020

The US dollar fell and the Australian dollar and Chinese yuan rose after the United States and China both hailed a phone call between their senior trade officials as a...

Masdar, EDF Renewables agree to partner in eight US projects

13 Aug 2020

Business Bureau, Gulf Today Masdar, one of the world’s leading clean energy developers and a subsidiary of Mubadala Investment Company, on Thursday announced its second strategic investment in the...

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