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    Nvidia to buy chip designer Arm for $40 billion as SoftBank exits

    Nvidia to buy chip designer Arm for $40 billion as SoftBank exits

    14 Sep 2020

    Nvidia Corp will buy UK-based chip designer Arm from Japan’s SoftBank Group Corp for as much as $40 billion, the companies said on Monday, in a deal set to reshape...

    Dollar sinks as equity market mood lifts, Fed in view

    Dollar sinks as equity market mood lifts, Fed in view

    14 Sep 2020

    The dollar slipped on Monday against its major peers as a wave of M&A deals lifted the mood in global equity markets and investors looked ahead to an event-packed...

    Gold gains on weaker dollar, dovish US Fed policy bets

    Gold gains on weaker dollar, dovish US Fed policy bets

    14 Sep 2020

    Gold  prices rose on Monday helped by a weaker dollar and expectations that the US Federal Reserve will reiterate its dovish monetary policy stance this week. Spot Gold  rose...

    Asian shares buoyed by coronavirus vaccine hopes

    Asian shares buoyed by coronavirus vaccine hopes

    14 Sep 2020

    Asian shares firmed on Monday on renewed hopes for a coronavirus vaccine after AstraZeneca resumed its phase-3 trial though sentiment was still cautious ahead of a big week of...

    Oil moves higher as storm threatens US Gulf Coast

    Oil moves higher as storm threatens US Gulf Coast

    14 Sep 2020

    Oil prices rose on Monday as a tropical storm in the Gulf of Mexico prompted drillers to evacuate rigs and shut in production, although gains were muted by concerns...

    Dubai SCE, Etihad ESCO conduct webinar on energy sustainability

    Dubai SCE, Etihad ESCO conduct webinar on energy sustainability

    13 Sep 2020

    Dubai’s vision to drive economic growth through reliable, clean, efficient and secure energy supply and usage was discussed by the Dubai Supreme Council of Energy (Dubai SCE) and Etihad Energy...

    Automakers seek easing of rules for shipment of spares to India

    Automakers seek easing of rules for shipment of spares to India

    13 Sep 2020

    Foreign automakers are seeking delays and exemptions to India’s planned new quality rules for imported auto parts, arguing the regulations will increase costs, hurt sales and disrupt supply chains, sources...

    Expo Dubai highlights innovative practices for global challenges

    Expo Dubai highlights innovative practices for global challenges

    12 Sep 2020

    An environmentally-friendly water treatment plant that has created a wetland in Oman’s desert, a project from the UK building battery-powered underwater fishing lights to reduce unwanted catch, and a UAE-based...

    Ras Al Khaimah, Sri Lanka trade volume witnesses massive growth

    Ras Al Khaimah, Sri Lanka trade volume witnesses massive growth

    12 Sep 2020

    Business Bureau, Gulf Today Mohamed Ali Musabbeh Al Nuaimi, Chairman of Ras al Khaimah Chamber of Commerce and Industry received Malraj De Silva, Ambassador of the Sri Lanka to...

    ADP announces Khalifa Port’s expansion on track for completion

    ADP announces Khalifa Port’s expansion on track for completion

    12 Sep 2020

    Abu Dhabi Ports (ADP) announced on Saturday that Khalifa Port’s expansion is on pace for completion. The Khalifa Port expansion, announced in December 2019, aims to attract new business and...

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