DMCC has launched Agriota E-Marketplace to help bridge the gap between farmers in India and the UAE’s food industry. WAM / File
Navdeep Suri, India’s ambassador to the UAE, has celebrated India’s Independence Day by ringing the market-opening bell at Nasdaq Dubai. The ceremony reflected the rapid growth of the already extremely close financial and economic ties
Currently, India is UAE’s largest third trading partner. Several UAE companies have invested in India in 2018, and the bilateral trade between the two countries is on track to surpass $100 billion by 2020.
Saif Al Ghurair was born in 1924 in Deira, Dubai.
The US economy grew at a record pace in the third quarter as the government injected more than $3 trillion worth of pandemic relief which fueled consumer spending, but the deep scars from the COVID-19 recession could take a year or more to heal.
Aircraft manufacturers are hit by the devastating impact of the coronavirus pandemic on the aviation industry. The number of global commercial aircraft orders was zero during the month of September.
Peugeot manufacturer PSA Group returned to revenue growth in its core autos division in the third quarter, recovering from a slump during coronavirus lockdowns, though the prospect of new restrictions hit French shares.
The Bank of Japan (BOJ) trimmed its economic growth and inflation forecasts for the current fiscal year (2020-21) on Thursday but offered a more upbeat view on the recovery outlook, signalling that it has delivered enough stimulus for the time being.