UAE pet care industry reaches $300m; Pet World Arabia to debut in Dubai

Sajjad Ahmad, Deputy Business Editor The UAE pet care industry is currently worth an over $300 million and the sector demonstrates huge growth potential as the numbers of pet...

DFM announces 30% upsurge in Q1 as net profit hits Dhs35.6m

Gulf Today, Staff Reporter The Dubai Financial Market (DFM) announced its consolidated financial results for the first quarter of the year ending on March31, 2023 posting a 30%...

Russian billionaires see wealth rise to over half a trillion dollars: Forbes

Russia's richest people added $152 billion to their wealth over the past year, buoyed by high prices for natural resources and rebounding from the huge loss of fortunes they experienced...

India’s economy to grow by 6.4% in 2023

The Asian Development Bank (ADB) has projected growth in India’s gross domestic product (GDP) to moderate to 6.4 per cent in fiscal year (FY) 2023 ending on March 31, 2024...

Oil prices surge on Opec+ move to cut their production target

Oil prices surged on Monday after Saudi Arabia and other Opec+ producers announced a surprise cut in their output target, a move that rippled through stock markets, though the dollar...

Sony achieves 14% growth across key product categories in UAE

Sajjad Ahmad, Deputy Business Editor Sony Middle East and Africa (MEA) recorded tremendous growth in FY2022, with an overall growth of 14 per cent across key product categories in...

Deal signed to develop sustainable smart City in Ghantoot Abu Dhabi

Japan’s core consumer inflation hits fresh 41-year high in January

Japan’s core consumer inflation hit a fresh 41-year high in January as companies passed on higher costs to households, data showed on Friday, keeping the central bank under pressure to...

Thailand Q4 GDP unexpectedly declines, 2023 outlook trimmed

Thailand’s economy unexpectedly contracted in the final quarter of 2022 as a rebound in the vital tourism sector was unable to offset falls in key sectors including exports and manufacturing....

Samsung’s profit plunges to 8-year low

Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled by two-thirds to an eight-year low as a weakening global economy hammered memory chip prices and curbed demand for...