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UAE STIMULUS
US stock market crashes today: What’s happening with Dow Jones, S&P 500 and Nasdaq as $200 billion vanishes in minutes from US stocks - Dow plunges 565 points, all sectors sink while oil surges with WTI up 3.4% and Brent jumping 5%US stock market crashes today. Investors are asking what’s happening with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. ...- UAE petrol, diesel prices for August 2023 raised to highest in 3 monthsThe UAE fuel price committee announced a hike in petrol and diesel prices for August 2023. Super 98 petrol will now cost 3.14 dirhams per l...
- Dubai gold prices: Rates dip in UAE today but set for huge monthly gainGold prices in the UAE fell today in line with the global trend, with 24K trading at 236.75 dirhams per gram. However, the yellow metal is ...
- Survey pitches for FTA push to diversify export basket, destinationsIndia has been negotiating FTAs with several partners, both bilateral and regional, for the past many years with a view to promote India's ...
- UAE largest bank makes record profit in 2021The UAE's largest bank, First Abu Dhabi Bank, announced Thursday it scooped record annual net profit of $3.4 billion in 2021, a 19 percent ...
- Indian economy rapidly recovering from pandemic-induced downturn: Harsh ShringlaThe foreign secretary also showcased various ambitious structural reforms rolled out by the government in the last few years to enhance eco...
- UAE central bank starts gradual curb of COVID-19 stimulus measuresThe bank launched a Targeted Economic Support Scheme (TESS) to help banks provide temporary relief to companies and individuals affected by...
- UAE central bank sees COVID-19 increasing money-laundering risksThe number of so-called "money mules" - people who receive illicit funds into their bank accounts to hold or withdraw and wire elsewhere, t...
- View: World Bank was wrong in its warning of falling foreign remittancesThe World Bank and IMF are generally not disposed to alarmism or exaggerations. Indeed, in April 2020, the logic behind the prediction appe...
- UAE central bank extends stimulus measures until mid-2022As part of that, banks will continue to be eligible to access a collateralised 50 billion dirhams ($13.61 billion) zero-cost liquidity faci...
- Dubai's Fast-track Growth
- Dubai economy to grow 4% in 2021, rebounding from this year's contractionDubai Statistic Centre said the economy declined by 10.8% in the first six months of 2020, which the centre's executive director, Arif Al M...
- UAE central bank extends stimulus scheme to stem COVID-19 impactThe UAE economy is expected to shrink by 6.6% this year, the International Monetary Fund (IMF) has estimated, as vital sectors such as tran...
- Gold falls as cash dash overwhelms stimulus measuresUS gold futures rose 1 per cent to $1,499.50 per ounce.
- Al-Aqsa mosque, 3rd holiest in Islam, closes over coronavirusThe Islamic endowment overseeing the Al-Aqsa mosque compound, the third holiest site in Islam, says the mosque itself and other buildings w...
- India’s engineering exports to Sri Lanka decline by 90%On exports front, the engineering goods recorded a massive decline in exports by almost 19% to $4.6 billion during April 2016-2017.
- Indians in UAE: Will PM Modi's visit bring achhe din in the long-term for them?The optics were high on the PM 's visit to the UAE. More crucial, however, is a follow up with more proactive implementation of policies.
- Shooting of Pakistani girl: Three brothers of senior Taliban commander arrestedPakistan arrested three brothers of a senior Taliban commander from Swat during a raid for alleged links to the near-fatal attack on Malala...
- Gems and jewellery exports may glitter lessExpansion of gems and jewellery exports which had peaked by 74.2 per cent in June on a low annual basis of comparison, saw a lesser pace of...
- Rupee on shaky turf, crosses 50The rupee has once again baffled corporate CFOs, currency traders and small exporters. Just when foreign exchange dealers felt that they wo...
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