On March 15, CBUAE announced a Dhs100 billion stimulus package as a counter-measure to address COVID-19 in the country. WAM
DALIAN: The UAE Government took part in 12 key sessions of the World Economic Forum (WEF) held in Dalian, China, in the presence of more than 1,900 government officials, entrepreneurs and researchers from more than 100 countries. The Forum, held under the title ‘Leadership 4.0: Succeeding in a New Era
DUBAI: Aramex announced its financial results for the second quarter and the first half ended 30th June 2019. The company’s Q2 2019 revenues grew by four per cent to Dhs1,279 million, compared to Dhs1,232 million in Q2 2018. Revenues would have grown by seven percent excluding the impact from currency
Abu Dhabi: A delegation from the Abu Dhabi Department of Energy (DoE), headed by Chairman Engineer Awaidha Al Marar, is visiting Japan this week to share the Emirate’s experience in developing the energy sector and to exchange expertise with Japanese energy ministries and organisations. During the visit, the DoE delegation will place
Blue Ocean Group, a Dubai-based master distributor of consumer electronics, domestic appliances, electrical goods, telecom equipment as well as fashion accessories, today announces its expansion in to the United Kingdom, ahead of Brexit, which is expected to change the market dynamics in the United Kingdom. This makes Blue Ocean Group
World stock markets declined further and oil headed for a double-digit weekly slide on Friday as jitters over a rising global COVID-19 infection rate and next week’s US presidential election more than offset strong euro zone quarterly growth data.
Dubai Electricity and Water Authority (Dewa) maintained its work progress at 100% without recording any electricity or water interruptions for all Dubai residents over the past few months.
According to the World Gold Council’s latest Gold Demand Trends report the global gold demand dropped by 19 per cent year-on-year to 892 tonnes in third quarter of 2020, as consumers continued to feel the impact of the COVID-19 pandemic.
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.