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The State Bank of Pakistan (SBP) has announced its bi-monthly monetary policy on Friday and decided to maintain its policy rate at 7 per cent, according to a statement issued...
The Reserve Bank of India (RBI) proposed a four-layered structure for non-banking finance companies (NBFCs) and new norms to strengthen their governance and operations. The RBI, in a discussion paper,...
A slowdown in eurozone business activity accelerated in January, making a new recession almost certain as the COVID-19 pandemic continues to batter the economy, a key survey showed on...
Egypt’s state companies have been enjoying robust earnings, an official data shows, acting as a growth driver and eclipsing the private sector despite the IMF-inspired reforms to restructure the economy....
Etihad Credit Insurance (ECI), the UAE’s Federal export credit company, has signed an agreement with Masdar, Abu Dhabi Future Energy Company, to work on initiatives aimed at supporting investment in...
British retailers struggled to recover in December from a partial coronavirus lockdown the previous month, marking a weak end to their worst year on record, while public debt has climbed...
Gulf Today Report Indian shares remain flat on Friday after major indexes hit record highs and investors turned their attention to Reliance Industries’ quarterly earnings. The blue-chip NSE Nifty...
Gulf Today Report Oil prices slipped on Friday, slipping from its 11-month highs due to concerns of the new pandemic restrictions in China affecting demand. US West Texas Intermediate...
Gulf Today Report Gold slipped on Friday as US Treasury yields gained, but hope for a large US stimulus kept the metal on course for its best week in...
European Central Bank chief Christine Lagarde warned on Thursday that the pandemic still poses “serious risks” to the eurozone economy as concerns grow about new virus variants and sluggish...
