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    ‘UAE-India economic partnership a global model of sustainable growth’

    ‘UAE-India economic partnership a global model of sustainable growth’

    15 Jul 2023

    A year after their Comprehensive Economic Partnership Agreement (CEPA) took effect, the UAE and India have further strengthened their strategic relations, said Dr Thani Bin Ahmed Al Zeyoudi, Minister...

    ADX gained over 20 per cent and DFM 4.4 per cent in 2022: CBUAE

    ADX gained over 20 per cent and DFM 4.4 per cent in 2022: CBUAE

    15 Jul 2023

    The Central Bank of the UAE (CBUAE)’s Financial Stability Report for 2022 said the FTSE ADX General Index (FADGI.FGI) gained more than 20 per cent in 2022. The Abu...

    UAE-India non-oil trade stood at Dhs1.41tr in last 10 years

    UAE-India non-oil trade stood at Dhs1.41tr in last 10 years

    15 Jul 2023

    The significant growth in the volume of non-oil trade between the UAE and India signifies the positive progress of the Comprehensive Economic Partnership Agreement (CEPA), more than a year...

    ADNOC ‘excited’ about potential Borouge-Borealis merger

    ADNOC ‘excited’ about potential Borouge-Borealis merger

    15 Jul 2023

    Gulf Today, Staff Reporter Abu Dhabi National Oil Company (ADNOC) P.J.S.C. is excited to confirm that, following initial exploratory discussions, it has entered into formal negotiations with OMV AG...

    Global stocks rise as recession worries ease

    Global stocks rise as recession worries ease

    14 Jul 2023

    World stock markets mainly rose on Friday as companies reported better-than-expected earnings and investors are hopeful easing US inflation means an end of rate hikes is near. The European single...

    Merchandise trade deficit in India at $20.13 billion in June

    Merchandise trade deficit in India at $20.13 billion in June

    14 Jul 2023

    India’s merchandise trade deficit in June was in line with expectations at $20.13 billion, according to a Reuters calculation based on export and import data released by the government...

    Dollar near 15-month low as US inflation fuels rate peak bets

    Dollar near 15-month low as US inflation fuels rate peak bets

    14 Jul 2023

    The dollar hovered near a 15-month low on Friday and was set for its biggest weekly decline since November after softening US inflation data fuelled investors’ bets that the...

    China’s exports fall most in three years as global economy struggles

    China’s exports fall most in three years as global economy struggles

    13 Jul 2023

    China’s exports fell the most in three years in June, slumping a worse-than-expected 12.4 per cent year-on-year, as signs mount of stress from the struggling global economy and Chinese policymakers...

    IMF sees ‘pockets of resilience,’ slowing pace of global economy

    IMF sees ‘pockets of resilience,’ slowing pace of global economy

    13 Jul 2023

    The International Monetary Fund (IMF) said on Thursday that first quarter global growth slightly outpaced projections in its April forecasts, but data since then has shown a mixed picture,...

    Dubai and China to strengthen ties, exchange energy sector experiences

    Dubai and China to strengthen ties, exchange energy sector experiences

    12 Jul 2023

    A delegation led by Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), has met with senior officials from Huawei in China, and discussed...

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