Business - GulfToday

European economy emerges from double-dip recession in 2nd quarter

Europe emerged from a double-dip recession in the second quarter with stronger-than-expected growth of 2 per cent over the quarter before, according to official figures released Friday,

20 hours ago

Daimler to keep 35% stake as trucks’ business goes solo

Daimler will keep a 35% stake in the trucks division it plans to spin off this year, the luxury carmaker said on Friday, giving more details on a landmark corporate split it hopes will boost share values.

21 hours ago

Etisalat records Dhs4.7 billion net profit in H1

Etisalat Group consolidated revenues amounted to Dhs26.4 billion representing year-over-year (YoY) increase of 3.2 per cent while consolidated net profit

29 Jul 2021

UAE Central Bank maintains base rate applicable to ODF at 15 basis points

The Central Bank of the UAE (CBUAE) has maintained the base rate applicable to the overnight deposit facility (ODF) at 15 basis points, effective from Thursday (July 29).

29 Jul 2021

DFM registers Dhs38.8 million net profit in first half of 2021

Dubai Financial Market on Thursday announced its consolidated financial results for the first half of the year ending 30 June 2021, registering a net profit

29 Jul 2021

Dubai’s realty deals reach Dhs5.4 billion

A total of 1,617 real estate and properties transactions were valued at Dhs5.4 billion during the week ending 29 July 2021, according to Dubai Land Department (DLD).

29 Jul 2021

Abu Dhabi ranks among top 3 fastest 5G capitals worldwide

United Arab Emirates capital Abu Dhabi ranks among the fastest capitals globally in the 5G network index, with the fastest median download speeds (421.26Mbps)

29 Jul 2021

How to Use Weight Machines in Your Gym

29 Jul 2021

UAE announces fuel prices for August

Starting August 1, Super 98 petrol will cost Dhs2.58 a litre, compared to Dhs2.47 the previous month.

29 Jul 2021

VP greets UAE-based tech startup for 1st ME unicorn to list on Nasdaq

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday took to twitter to praise an Arab youth who founded a $1.5 billion company. “Dubai-headquartered

28 Jul 2021

Women can scale up their businesses for Dhs750 in Sharjah

Recognising that women are a vital driving force of the economy, the Sharjah Research, Technology, and Innovation Park (SRTI Park) has launched a special package for women entrepreneurs and innovators to register their company at the region’s

28 Jul 2021

Sharjah’s DSCD launches annual economic survey project 2020

The Department of Statistics and Community Development (DSCD) in Sharjah has announced the launch of its annual economic survey project 2020 which will collect economic performance data across the entire spectrum of industries

28 Jul 2021

Most Popular Stories

Local

UAE’s real estate retail sector set to hit $58 billion in sales by end of this year

Post-COVID-19, the UAE’s real estate retail sector is demonstrating its strengths, with it being projected to hit $58 billion in sales by the end of t...

22 hours ago

Sheikh Hamdan issues decision to cut and waive service fees of 88 Dubai government entities

The decision comes as part of the Dubai government's continuous incentives to promote economic growth in the emirate, and its continuous support for i...

30 Jul 2021

Etisalat records Dhs4.7 billion net profit in H1

Etisalat Group consolidated revenues amounted to Dhs26.4 billion representing year-over-year (YoY) increase of 3.2 per cent while consolidated net pro...

29 Jul 2021

UAE Central Bank maintains base rate applicable to ODF at 15 basis points

The Central Bank of the UAE (CBUAE) has maintained the base rate applicable to the overnight deposit facility (ODF) at 15 basis points, effective from...

29 Jul 2021

DFM registers Dhs38.8 million net profit in first half of 2021

Dubai Financial Market on Thursday announced its consolidated financial results for the first half of the year ending 30 June 2021, registering a net ...

29 Jul 2021

Dubai’s realty deals reach Dhs5.4 billion

A total of 1,617 real estate and properties transactions were valued at Dhs5.4 billion during the week ending 29 July 2021, according to Dubai Land De...

29 Jul 2021

Abu Dhabi ranks among top 3 fastest 5G capitals worldwide

United Arab Emirates capital Abu Dhabi ranks among the fastest capitals globally in the 5G network index, with the fastest median download speeds (421...

29 Jul 2021

UAE announces fuel prices for August

Starting August 1, Super 98 petrol will cost Dhs2.58 a litre, compared to Dhs2.47 the previous month.

29 Jul 2021

World

European economy emerges from double-dip recession in 2nd quarter

Europe emerged from a double-dip recession in the second quarter with stronger-than-expected growth of 2 per cent over the quarter before, according t...

20 hours ago

EU regulators fine Amazon $886 million for data violations

European regulators have fined Amazon 746 million euros ($886 million) for data protection violations. Amazon said in a regulatory filing on Friday

21 hours ago

Daimler to keep 35% stake as trucks’ business goes solo

Daimler will keep a 35% stake in the trucks division it plans to spin off this year, the luxury carmaker said on Friday, giving more details on a land...

21 hours ago

Tesla reaches milestone with first $1 billion quarterly profit

Tesla’s quarterly profit has surpassed $1 billion for the first time thanks to the electric car pioneer’s ability to navigate through a pandemic-drive...

27 Jul 2021

IMF forecasts 6% global growth this year as economies reopen

The International Monetary Fund (IMF) is sharply upgrading its economic outlook this year for the world’s wealthy countries, especially the United Sta...

27 Jul 2021

Eurozone economy booms in July at fastest rate in 21 years

Business activity in the eurozone shot ahead at its fastest rate in 21 years in July, a closely watched survey said on Friday, as the economy went int...

24 Jul 2021

Tesla lobbies India for lower import taxes on EVs

Tesla has written to Indian ministries seeking a big reduction in import duties on electric vehicles (EVs), a move it says will boost demand and gener...

24 Jul 2021

India’s foreign exchange reserves rose by $835 million last week: RBI

India’s foreign exchange reserves rose by $835 million during the week ended July 16.According to the Reserve Bank of India’s (RBI) weekly statistical...

24 Jul 2021

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