Business - GulfToday

Emirates NBD net profit up 44 per cent to Dhs14.5 billion in 2019

Emirates NBD has announced that it delivered a strong set of results with net profit up 44% year-on-year to Dhs14.5 billion in 2019. According to a press statement issued by the Bank on Monday,

3 minutes ago

German business morale falls on gloomy services outlook

German economy, the Europe’s largest economy got off to a slow start in 2020 after narrowly avoiding a recession last year.
German business morale also deteriorated unexpectedly in January as the outlook for services darkened,

an hour ago

More central banks look to issue own digital currencies

A rising number of central banks (CBs) are likely to issue their own digital currencies in the next few years, research by the Bank for International Settlements (BIS) showed, as interest in the technology heats up.

an hour ago

Pakistan Economy Watch lauds Pak’s stance over CPEC

The Pakistan Economy Watch (PEW) lauded the stance of the government over China-Pakistan Economic Corridor (CPEC) after the US criticism terming it encouraging and according to the national interests.

an hour ago

India plans sale of debt-laden national carrier Air India

The government issued a document on Monday inviting initial expressions of interest in the airline, which has accumulated huge losses in the past decade.

2 hours ago

5th cycle of Dubai Smartpreneur Competition launched

Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, has launched the fifth cycle of the Dubai Smartpreneur Competition, which is open to startups offering solutions related to the Expo 2020 Dubai

22 hours ago

Hawkamah, IMF focus on trends impacting the governance of CBs

Hawkamah, The Institute for Corporate Governance and the International Monetary Fund (IMF) convened the sixth high-level Central Bank Governance Forum 2020 in Dubai on Jan.21-23, 2020.

22 hours ago

Bombardier seeks rail partner

Bombardier has approached France’s Alstom and Japan’s Hitachi to find a merger partner for its rail business as it struggles to contain costs that have eaten into margins.

26 Jan 2020

Pakistan petroleum sector gets big relief after policy changes

Pakistan’s federal government has approved the policy amendments for the discovery of oil reserves, which provide a major relief to the investment companies in the petroleum sector.

26 Jan 2020

US wants India to procure more farm products to seal trade deal

The United States wants India to buy at least another $5-6 billion worth of American farm goods if New Delhi wants to win reinstatement of a key US trade concession and seal a wider pact, four sources familiar with the talks told Reuters.

26 Jan 2020

Global shipping market set for a recovery from new marine rules

The global shipping market is set for a recovery, benefiting from new global rules on marine fuels that came into effect at the beginning of the year after more than a decade of tough market conditions, according to IHS Markit.

26 Jan 2020

Ajman keen on forging strategic deals to support ‘UAE Vision 2021’

As part of its commitment to support the digital transformation plan in the emirate of Ajman and improve the quality of all electronic payments, Ajman’s Department of Finance has announced that self-service kiosks

25 Jan 2020

Most popular stories

Local

Emirates NBD net profit up 44 per cent to Dhs14.5 billion in 2019

Emirates NBD has announced that it delivered a strong set of results with net profit up 44% year-on-year to Dhs14.5 billion in 2019. According to a pr...

3 minutes ago

5th cycle of Dubai Smartpreneur Competition launched

Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, has launched the fifth cycle of the Dubai Smartpreneur Competition, which ...

22 hours ago

Hawkamah, IMF focus on trends impacting the governance of CBs

Hawkamah, The Institute for Corporate Governance and the International Monetary Fund (IMF) convened the sixth high-level Central Bank Governance Forum...

22 hours ago

Ajman keen on forging strategic deals to support ‘UAE Vision 2021’

As part of its commitment to support the digital transformation plan in the emirate of Ajman and improve the quality of all electronic payments, Ajman...

25 Jan 2020

Mubadala signs agreement for power complex in Uzbekistan

In the presence of Sardor Umurzakov, the Uzbekistan Minister of Investments and Foreign Trade, an implementation agreement was signed at a ceremony in...

25 Jan 2020

Sharjah Islamic Bank’s net profit up 7 per cent

The bank said its balance sheet reflects strong performance and sound financial position, with total assets reaching Dhs46.4 billion at the end of 201...

25 Jan 2020

UAE, WEF sign deal to develop, support skills for a billion people globally ​

Dr Ahmad Bin Abdullah Humaid Belhoul Al Falasi, Minister of State for Higher Education and Advanced Skills signed the agreement under which the UAE be...

24 Jan 2020

Dubai presents perfect backdrop for industry to focus on technology

With a government that has launched an ambitious 50-Year Charter development plan while prioritising technology adoption and citizen happiness, Dubai ...

24 Jan 2020

World

German business morale falls on gloomy services outlook

German economy, the Europe’s largest economy got off to a slow start in 2020 after narrowly avoiding a recession last year. German business morale al...

an hour ago

More central banks look to issue own digital currencies

A rising number of central banks (CBs) are likely to issue their own digital currencies in the next few years, research by the Bank for International ...

an hour ago

Pakistan Economy Watch lauds Pak’s stance over CPEC

The Pakistan Economy Watch (PEW) lauded the stance of the government over China-Pakistan Economic Corridor (CPEC) after the US criticism terming it en...

an hour ago

India plans sale of debt-laden national carrier Air India

The government issued a document on Monday inviting initial expressions of interest in the airline, which has accumulated huge losses in the past deca...

2 hours ago

World Logistics Passport highlights UAE’s drive to support global trade

A review of the World Logistics Passport initiative, which was recently launched by the UAE, took place on the sidelines of the 50th World Economic Fo...

22 hours ago

Bombardier seeks rail partner

Bombardier has approached France’s Alstom and Japan’s Hitachi to find a merger partner for its rail business as it struggles to contain costs that hav...

26 Jan 2020

Pakistan petroleum sector gets big relief after policy changes

Pakistan’s federal government has approved the policy amendments for the discovery of oil reserves, which provide a major relief to the investment com...

26 Jan 2020

US wants India to procure more farm products to seal trade deal

The United States wants India to buy at least another $5-6 billion worth of American farm goods if New Delhi wants to win reinstatement of a key US tr...

26 Jan 2020

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