An electric car charges on a street recharging port in London on Wednesday. Britain says it will ban the sale of new gasoline and diesel cars by 2030. Associated Press
India, which has reported the highest number of COVID-19 cases in the world after the United States, has so far vaccinated more than 12 million health and front-line workers.
Investors shrugged off US President Donald Trump’s second impeachment and focused instead on reports that his successor, Joe Biden, will lay out a new US $2 trillion stimulus programme later.
Finally, there seems to be some light at the end of what looks like a long, long tunnel. After being pummelled by the ravages of the much hated and feared coronavirus for months, which has killed over a million people,
World stocks edged higher on Friday, but gains were capped by dwindling stimulus in the United States and concerns about the damage to the global economy from further COVID-19 infections. Hopes of a stimulus-led recovery receded after US Treasury Secretary
The UAE GDP is expected to grow by 2.4 per cent in 2021 and 3.8 per cent in 2022 while the non-oil GDP to expand by around 4 per cent in both years, according to the Financial Stability Report (FSR) released by the Central Bank of the UAE (CBUAE) on Thursday.
The real estate sector in Dubai showed a continuous flow of real estate investments in May 2021, recording 5,359 investments worth over Dhs11 billion. In addition, 11,387 new investors entered the market,
European and US stocks pulled in different directions on Thursday as traders digested the Federal Reserve bringing forward its forecasts for hiking interest rates to prevent the US economy from overheating.