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Gulf Today Report Debenhams, UK department store to close all its outlets, said the group administrators on Monday, with the loss of around 12,000 jobs. The Debenhams group’s intellectual...
Gulf Today Report Oil prices fell on Monday as countries renew COVID-19 restrictions increasing worries over global fuel demand. Brent crude futures declined by 8 cents, or 0.1%, to...
Gulf Today Report Gold prices rose on Monday as the dollar declined and investors remain hopeful for a massive stimulus to be passed soon. Spot gold rose 0.1% to...
Bahrain-GCC trade reached $5.7 billion in 2020, accounting for 25 per cent of Bahrain’s global bilateral trade for the year ($20.8 billion). The figures were released at the same time...
Gulf Today Report London set for a strong year for stock market flotations, said analysts, adding that the Brexit and coronavirus pandemic allows firms to enlarge. Big-name businesses...
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...