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‘Virus cost to global economy may top $4.1 trillion’

03 Apr 2020

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. The pandemic will cost the global economy as much as $4.1 trillion, or nearly...

Rate cut fails to boost Indian stock markets, Sensex down

27 Mar 2020

Indian stock markets erased all their initial gains on Friday, with the BSE Sensex closing 131.18 points lower, although the Reserve Bank of India (RBI) announced an emergency rate cut...

SBP allows importers to advance payments

27 Mar 2020

State Bank of Pakistan (SBP) allowed importer to advance payment and open account without any limit for the import of medical equipments, medicines and other ancillary items for the treatment...

Bank’s research forecasts Mena real GDP growth of 2.7% in 2020

09 Jan 2020

Business Bureau, Gulf Today An MUFG Mena Economic report issued expects a pick-up in Mena regional growth in 2020. The bank’s research forecasts Mena real GDP growth of 2.7...

Lackluster US retail sales dim Q4 economic growth outlook

14 Dec 2019

US retail sales increased less than expected in November as Americans cut back on discretionary spending despite a strong labour market, raising fears the economy was slowing a bit faster...

'UAE Jobs Bank' to prioritise Emiratisation in 160 professions

27 Nov 2019

Sheikh Mansour Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, has launched the "UAE Jobs Bank," as part of the implementation of the Cabinet's resolution that...

Cabinet adopts 10 strategic resolutions to provide jobs to 20,000 Emiratis

29 Sep 2019

The UAE Cabinet adopted ten strategic resolutions to support Emiratisation on Sunday during a meeting chaired by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime...

Children’s lives are ruined by climate change

26 Sep 2019

A prominent barrister in the United Kingdom says us eating meat is a crime against humanity and likens it to ‘ecoside’. Apparently cows emit a lot of methane. Other animals...

Minister under fire after he says North Indian youths incapable of getting jobs

15 Sep 2019

Union Minister Santosh Gangwar stirred major controversy on Sunday when he blamed the North Indian youth for failing to secure jobs as he dismissed criticism about the current employment situation...

Sometimes, apt words can be our best weapons

02 Sep 2019

There was a time when we amused each other by sharing the latest blurtations from our new national punchline. Like that December 2015 day in Hilton Head, S.C., when Donald...

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