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Expo 2020 will further reinforce UAE-Malaysia ties

31 Mar 2021

Inayat-ur-Rahman, Deputy Business Editor Malaysia on Wednesday unveiled the details of the unique `Rainforest Canopy’ concept at its Expo 2020 country pavilion, highlighting its commitment to sustainability....

Pakistan-UAE council announces steps to strengthen trade relations

24 Mar 2021

Federation of Pakistan Chambers of Commerce & Industry (FPCCI’s) Pak-UAE Business Council (PUBC) held its first inaugural meeting under the Chairmanship of Diwan Fakhruddin and announced a new round of...

Bitcoin now a form of payment for Tesla: Elon Musk

24 Mar 2021

Gulf Today Report Tesla inc to accept bitcoin as a medium of payment for its electric cars said Elon Musk on Wednesday. The announcement marks an important step in...

Turkish lira plunges to near record low after CB chief sacked

22 Mar 2021

Turkey’s lira briefly fell 15 per cent to near its all-time low on Monday after President Tayyip Erdogan’s shock weekend ousting of a hawkish Central Bank governor sparked fears...

Mining sector gets Dhs4.3 billion facility

12 Mar 2021

The quarrying and mining activities in the UAE received Dhs4.3 billion in credit facilities in 2020, bringing to Dhs14.94 billion the cumulative balance of loans obtained by the industry by...

Egypt’s economy records growth rate of 2% in the second quarter

12 Mar 2021

Egypt’s economy recorded an annualised growth rate of 2% in the second quarter of its 2020-21 fiscal year, and 1.35% in the first half of the same, Planning Minister Hala...

Oil prices steady on economic recovery optimism

10 Mar 2021

Gulf Today Report Oil steadied on Wednesday due to OECD optimism for global economic recovery and OPEC+ output curbs, although rising US inventories capped it. Brent crude fell 2...

Indian retail gold buyers pile in as prices slide to one-year low

05 Mar 2021

Retail consumers in India continued to buy up physical gold this week as prices retreated to a near one-year low, while lower rates also injected fresh activity in other hubs,...

China sets modest annual growth target, vows to create more jobs

05 Mar 2021

China on Friday set a modest annual economic growth target, at above 6%, and pledged to create more jobs in cities than last year, as the world’s second-biggest economy planned...

UK unemployment reaches 5.0 per cent

26 Jan 2021

Gulf Today Report Britain’s unemployment rate climbs 5.0 per cent at the end of 2020 due to the implications of coronavirus lockdowns, according to official data. According to ONS,...

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