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Brexit turmoil drives UK towards recession

09 Aug 2019

Britain’s economy unexpectedly shrank in the second quarter of the year on Brexit turmoil, official data showed on Friday, placing the country on the verge of recession and sending the...

Adnoc profit up at Dhs1.173 billion

04 Aug 2019

Adnoc Distribution on Sunday reported that its first-half 2019 net profit increased by 4.3 per cent, to Dhs1.173 billion, compared with the same period last year. Free cash flow (EBITDA...

China vows fight against Trump’s latest tariffs

03 Aug 2019

China on Friday vowed to fight back against US President Donald Trump›s abrupt decision to slap 10% tariffs on the remaining $300 billion in Chinese imports, a move that ended...

Trump tariff salvo pushes stocks into sea of red, safe havens shine

02 Aug 2019

European stocks posted their biggest drop of 2019 on Friday and bond yields tumbled to record lows after US President Donald Trump fired another trade war salvo at China, sparking...

Emaar Malls posts 6% growth in revenue to Dhs2.227b in half-year

31 Jul 2019

Business Bureau, Gulf Today Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, recorded an increase in net profit by 3 per cent during the first six...

India’s auto sales in downturn

27 Jul 2019

The Central government might soon call a meeting with automobile industry stake-holders to discuss measures to arrest the continuous decline in the sector’s sales, sources privy to the development said....

TRA hosts delegation from Ministry of Infrastructure Development

27 Jul 2019

Business Bureau, Gulf Today The Telecommunications Regulatory Authority (TRA) received a visiting delegation from the Ministry of Infrastructure Development, which included a number of the Ministry employees. The visit...

DSMG supports increase in sales

26 Jul 2019

Business Bureau, Gulf Today Further celebrating the Dubai Summer Surprises (DSS) season 2019, the very special “Shop, Win & Drive” campaign by Dubai Shopping Malls Group (DSMG) has registered...

Dubai-China trade reaches Dhs36 billion in 1st quarter

23 Jul 2019

The Dubai-China bilateral trade hit Dhs139 billion in 2018, and was valued at Dhs36 billion in the first quarter of 2019. Telecoms, phones, personal computers, aluminium, gold, automobiles, and engines...

JIIC awards Dhs50m marine contract

23 Jul 2019

Business Bureau, Gulf Today Jubail Island Investment Company (JIIC) has awarded an Dhs50 million marine works contract for Jubail Island to National Marine Dredging Company. Works on the...

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