India’s housing sales make a headway in 1st quarter of 2021

Gold prices fall due to robust China data

Gulf Today Report  Gold prices dropped on Friday following economic data from China boosting hopes for a swift recovery. Spot gold fell 0.2% to $1,751.86 per ounce by 04:23...

MoIAT and EDB to boost industrial growth with financial stimulus

The Ministry of Industry and Advanced Technology (MoIAT) on Tuesday signed a Memorandum of Understanding (MoU) with Emirates Development Bank (EDB) to provide Dhs30 billion in financial support for up...

Yellen says US pushing G20 for global minimum corporate tax

The United States is pushing in the G20 for agreement on a global minimum corporate tax to stem the erosion of government revenues, US Treasury Secretary Janet Yellen said on...

DME introduces Alternative Crude Ecosystem

Dubai Mercantile Exchange (DME), on Monday announced the launch of Alternative Crude Ecosystem (ACE) - a new bilateral trading platform to enable participants to trade multiple crude grades through the...

UAE government, Microsoft advance women’s empowerment efforts

Ohood Bint Khalfan Al Roumi, Minister of State for Government and the Future, has reaffirmed the UAE government’s commitment towards supporting global efforts in bridging the gender gap, achieving balance,...

S.Arabia’s digital economy to grow

KPMG, the leading provider of audit, tax and advisory services in Saudi Arabia, signed an agreement with Oracle to accelerate the adoption of cloud-based emerging technologies in the Kingdom of...

Arada begins handovers of 255 new homes worth Dhs24b in Sharjah

Arada has announced the completion of a new tranche of apartment blocks at Aljada, the Dhs24 billion megaproject in Sharjah. The handover process for the first four Areej...

14% of Indians having net worth of over $30m are salaried employees: Survey

Gulf Today Report A recent survey on ultra-high net worth individuals (UHNWIs) shows that 14% of India's ultra rich are from the salaried employee segment. All the individuals included...

Boeing seals large 737 MAX order as airlines eye recovery

US carrier Southwest Airlines agreed to buy 100 additional Boeing 737 MAX planes, the companies announced on Monday, in a vote of confidence for the aircraft after a 20-month grounding....