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In an interview with CNN, Al Mazrouei said controlling oil price rise is imperative during the transition to clean and renewable energy sources and reiterated calls ... → Read More
A sharp increase in the number of billionaires in India during the Covid-inflicted 2020-2021 saw 60 per cent of the country’s wealth getting accumulated un.. → Read More
The first series of MoUs will help create over 20,000 jobs. The Sharaf Group and Hindustan Ports will generate 1,500 and 1,000 jobs, respectively → Read More
Dubai and Abu Dhabi combined contributed to over 48 per cent of the aggregate value transacted, while Saudi added 35.6 per cent to the region’s transactions → Read More
The free-trade agreement that the UAE and Israel ratified on December 11 would likely achieve its goal of generating an annual $10 billion in bilateral eco.. → Read More
A new survey reveals that a majority of 91% employees feel positive about 2023 and 88% have made resolutions for the new year → Read More
India’s Central Bank has approved banks to open 05 special rupee trading accounts, called Vostro accounts, for trade with Sri Lanka through the Indian rupee trade se... → Read More
The rate hike by 35 basis points to 6.25 per cent, the fifth since May 2022 by the RBI in a bid to rein in retail inflation will also result in a rise in EMIs on veh... → Read More
The global association of the financial industry assessed growth across countries and over time with a focus on “true” growth, which is annual average growth adjuste... → Read More
Remittances to low-and middle-income countries, which grew by nearly five per cent to around $626 billion in 2022 — about half the expansion seen last yea.. → Read More
Dubai’s net effective cost to occupiers of prime office space stood at $108.7 in Q3, up three per cent quarter-on-quarter, according to Savills latest Prime Office C... → Read More
The UAE, which remains the largest FDI recipient in the Mena region with inflows of $22 billion in 2022, representing 4.3 per cent of its gross domestic pr.. → Read More
MA Yusuffali, Joy Alukkas and Micky Jagtiani retain their place in the prestigious Forbes list of 100 richest that was topped by Gautam Adani → Read More
The grounded airline says it is ready to start operations within weeks amid reports that its new management has succeeded in resolving key issues → Read More
Despite a buoyant year, the Dubai housing market, now only back to its 2019 price level, and still 25 per cent below its 2014 peak, is in fair-valued territory, acco... → Read More
The Indian rupee is likely to fall further after hitting a record low of 80.70 against the dollar or 21.95 against the dirham on Thursday → Read More
Average rents in Dubai surged year-on-year to 24.8 per cent in August 2022, up from 23.7 per cent a month earlier, according to CBRE data → Read More
India will release its GDP data for the first quarter of the current financial year on Thursday → Read More
When fully operational, the railway will be carrying over 60 million tonnes of freight and 36.5 million passengers → Read More
Fund urges policymakers worldwide to take inflation control as their first priority → Read More