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    Investors engaged in privatisation plan in Pakistan

    Investors engaged in privatisation plan in Pakistan

    04 Apr 2020

    Privatisation Commission (PC) team in Pakistan, under the leadership of Federal Minister /Chairman Muhammadmian Soomro continues to keep foreign investors engaged in the government’s plan of privatisation. According to a...

    Moody’s changes outlook for Indian banking to ‘negative’

    Moody’s changes outlook for Indian banking to ‘negative’

    04 Apr 2020

    Moody’s Investor Service changed the outlook for the Indian banking system to negative as stress on the sector is likely to rise with the coronavirus outbreak and higher defaults. The...

    US companies seek coronavirus fund as bailout plan unfolds

    US companies seek coronavirus fund as bailout plan unfolds

    04 Apr 2020

    US businesses are seeking coronavirus bailout fund after days of confusion prevailing in the disbursement. The desperate owners of tens of thousands of companies - many shuttered for weeks due...

    Global stocks down on economic toll from coronavirus; oil gains

    Global stocks down on economic toll from coronavirus; oil gains

    03 Apr 2020

    Global stock markets sank on Friday following more signs that the COVID-19 pandemic would take a massive toll on economic growth, while oil prices continued to rally on hopes of...

    ‘Virus cost to global economy may top $4.1 trillion’

    ‘Virus cost to global economy may top $4.1 trillion’

    03 Apr 2020

    The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. The pandemic will cost the global economy as much as $4.1 trillion, or nearly...

    Etihad Rail awards Dhs846 million contract for O&M facility at Al Faya

    Etihad Rail awards Dhs846 million contract for O&M facility at Al Faya

    03 Apr 2020

    The Etihad Rail Board of Directors held a remote meeting chaired by Sheikh Theyab Bin Mohamed Bin Zayed Al Nahyan, Member of the Executive Council, and Chief of Abu Dhabi...

    UAE marches ahead in reducing risk to buildings from COVID-19

    UAE marches ahead in reducing risk to buildings from COVID-19

    03 Apr 2020

    Inayat-ur-Rahman, Staff Reporter The sheer scale of impact caused by the COVID-19 outbreak is an unprecedented crisis facing the world. Global population, at the time of the Spanish Flu...

    Sensex settles below 28,000 mark

    Sensex settles below 28,000 mark

    03 Apr 2020

    Indian stock markets plummeted on Friday with the BSE Sensex falling over 670 points to settle below the psychological mark of 28,000. The Nifty50 on the National Stock Exchange (NSE)...

    Need to address risk of steep economic decline

    Need to address risk of steep economic decline

    03 Apr 2020

    COVID-19 is posing the greatest test ever to humanity on both the health and economic fronts.  Confirmed coronavirus cases have approached one million around the world as Europe reels...

    Pharmacies, suppliers fined for selling face masks on inflated price

    Pharmacies, suppliers fined for selling face masks on inflated price

    02 Apr 2020

    Business Bureau, Gulf Today Dubai Economy issued fines to nine pharmacies and two pharmaceuticals suppliers for inflating the prices of face masks and trying to take undue advantage of the...

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