This photo is used for illustrative purpose.
Dubai’s Sukuk listings by value now total $64.5 billion. UAE issuers account for 44% of these by value with 56% from issuers in other countries.
Nasdaq and Dubai Gold & Commodities Exchange (DGCX) announced today a major market technology agreement for Nasdaq to provide DGCX with a full suite of integrated marketplace solutions.
Dubai’s economy continues to experience sustained growth from the contribution of business tourism, thereby driving the nation’s economic diversification agenda prioritised in the UAE Centennial 2071 strategy.
Overall business conditions in Dubai’s non-oil private sector economy improved at the fastest rate in over four years in April. This mainly reflected the trend in new business, as employment was broadly unchanged during the month. Notably, business conditions in the wholesale & retail sector
A record 79.5 million people worldwide, or 1% of humanity, were displaced at the end of 2019 after fleeing wars or persecution, 77% of those have lost a job or revenue since the beginning of the coronavirus pandemic.
Sweden's gross domestic product will shrink around 4.6% this year, the government said on Monday, outlining a budget bill that will pump around 105 billion crowns ($12.0 billion) into the economy to kick-start growth following the pandemic.
Brent crude was down 33 cents, or 0.8%, at $42.82 a barrel by 0645 GMT, while US crude was down 38 cents, or 0.9%, to $40.73 a barrel.
Most Asian markets fell Monday following another disappointing performance on Wall Street with investors growing concerned about an uptick in coronavirus infections in Europe and the United States, as well as the lack of movement in Washington on a new stimulus.