Business - GulfToday

Projects completion rate gains pace

Abu Dhabi: The UAE property market is in fine fettle despite the COVID-19 pandemic. The completion rate of property projects in Dubai this year is quite encouraging despite the global trends, with over 20,000 units having been completed

2 hours ago

European, Asian shares gain as investors look towards economic recovery

The pan-European STOXX 600 rose 0.1%, with tech and healthcare sectors leading gains. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.39% while Japan's Nikkei gained 0.91%.

4 hours ago

Indian shares jump due to gains in precious metals

The NSE Nifty 50 index ended 1% higher at 12,987.00, rebounding from losses earlier in the session, and a more than 1.5% drop on Wednesday. The S&P BSE Sensex closed 0.98% higher at 44,259.74.

6 hours ago

UK business owners rush to stock up ahead of Jan. 1

According to logistic companies, demand for delivery before the New Year has soared. Custom agents are also overwhelmed as traders try to learn the ropes of the new rules.

6 hours ago

Oil falls following a decline in US inventories

Following AstraZeneca announcement of a 70% effective COVID-19 vaccine that could go up to 90%, both benchmarks jumped up to 8% earlier this week.

7 hours ago

Gold prices rise as investors remain hopeful for a stimulus

Spot gold rose 0.2% to $1,809.61 per ounce by 05:31 GMT. US gold futures were up 0.1% at $1,807.80.

9 hours ago

Retail industry undergoes tremendous transformation

COVID-19 is accelerating the digital transformation of the Middle East’s retail sector as e-commerce sales set to jump to $48.6 billion in 2022, up from $26.9 billion in 2018, according to recent research.

22 hours ago

Forum discusses important issues impacting today’s financial sector

Government FinTech Forum which took place as part of the FinTech Abu Dhabi Festival 2020 discussed the important issues impacting today’s financial sector, as well as promote cross-border collaboration.

22 hours ago

European, Asian shares advance as countries ease lockdowns and Dow Jones gains

The pan-European STOXX 600 index gained 0.3%, with banking stocks rising 1.6% while in Asia, Japan's benchmark Nikkei 225 edged up 0.5% to finish at 26,296.86.

25 Nov 2020

S.Africa’s economic activities grow in Q4

A compilation by the Bureau for Economic Research of the Rand Merchant Bank business confidence index (BCI) indicated a 40 points increase in the fourth quarter from the 24 points in the third quarter.

25 Nov 2020

Gold falls as Biden begins transition

Spot gold eased 0.2% to $1,803.51 per ounce by 03:27 GMT. On Tuesday, it had hit its lowest level since July 17 at $1,800.01. US gold futures dipped 0.1% to $1,803.20.

25 Nov 2020

Oil prices gain despite the increase in stockpiles

Brent crude was up 38 cents, or 0.8%, at $48.24 a barrel by 06:16 GMT it rose by almost 4% in the previous session. West Texas Intermediate crude gained 27 cents, or 0.6%, to $45.18, after rising more than 4% on Tuesday.

25 Nov 2020

Most Popular Stories

Local

Adnoc awards $519m contract to identify, explore new resources

The Abu Dhabi National Oil Company (Adnoc) announced on Thursday, the award of a contract worth up to $519 million (Dhs1.9 billion) to further expand ...

2 hours ago

Projects completion rate gains pace

Abu Dhabi: The UAE property market is in fine fettle despite the COVID-19 pandemic. The completion rate of property projects in Dubai this year is q...

2 hours ago

Forum discusses important issues impacting today’s financial sector

Government FinTech Forum which took place as part of the FinTech Abu Dhabi Festival 2020 discussed the important issues impacting today’s financial se...

22 hours ago

New ownership law will encourage entrepreneurs to start new ventures

President His Highness Sheikh Khalifa Bin Zayed Al Nahyan has issued a decree overhauling foreign ownership rules of commercial companies. The first o...

24 Nov 2020

DIB celebrates listing of $1b sukuk on Nasdaq Dubai

Dubai Islamic Bank, DIB, rang the market-opening bell on Tuesday to celebrate the listing of a $1 billion Sukuk on Nasdaq Dubai. The Sukuk achieved a ...

24 Nov 2020

ADX, Shurooq sign MoU on innovative services, facilities

In order to foster bilateral cooperation and to provide advanced, innovative services and facilities development to the business community in the UAE,...

24 Nov 2020

Business community welcomes UAE’s 100% ownership rules

“The decision will undoubtedly attract and welcome new and large investment in the country. It will also be conducive to perpetuate existing business ...

24 Nov 2020

Expo Sharjah upbeat on exhibition sector recovery

Under the theme “Fostering Recovery: WTCs and the Exhibitions Industry”, the Expo Centre Sharjah recently participated in a virtual international meet...

22 Nov 2020

World

European, Asian shares gain as investors look towards economic recovery

The pan-European STOXX 600 rose 0.1%, with tech and healthcare sectors leading gains. In Asia, MSCI's broadest index of Asia-Pacific shares outside Ja...

4 hours ago

Indian shares jump due to gains in precious metals

The NSE Nifty 50 index ended 1% higher at 12,987.00, rebounding from losses earlier in the session, and a more than 1.5% drop on Wednesday. The S&P BS...

6 hours ago

London loses status as world’s capital of aviation

London’s connectivity has fallen by two-thirds. It is now in eighth place — behind no fewer than five Chinese cities and two US hubs.

6 hours ago

UK business owners rush to stock up ahead of Jan. 1

According to logistic companies, demand for delivery before the New Year has soared. Custom agents are also overwhelmed as traders try to learn the ro...

6 hours ago

Oil falls following a decline in US inventories

Following AstraZeneca announcement of a 70% effective COVID-19 vaccine that could go up to 90%, both benchmarks jumped up to 8% earlier this week.

7 hours ago

Gold prices rise as investors remain hopeful for a stimulus

Spot gold rose 0.2% to $1,809.61 per ounce by 05:31 GMT. US gold futures were up 0.1% at $1,807.80.

9 hours ago

Disney to let go of 32,000 staff

This is an increase from the 28,000 it announced in September. This decision was made due to the impact of coronavirus on the company.

10 hours ago

European, Asian shares advance as countries ease lockdowns and Dow Jones gains

The pan-European STOXX 600 index gained 0.3%, with banking stocks rising 1.6% while in Asia, Japan's benchmark Nikkei 225 edged up 0.5% to finish at ...

25 Nov 2020

Subcategories

Local

World