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    Green and sustainable financing on the rise: UBF

    Green and sustainable financing on the rise: UBF

    14 Dec 2023

    Jamal Saleh, Director-General of the UAE Banks Federation, said that the total amount of green and sustainable finance in the country will grow significantly by the end of this year,...

    The economic challenges that Germany faces

    The economic challenges that Germany faces

    28 Nov 2023

    Germany’s budget crisis has given new momentum to reforming self-imposed borrowing limits even among the opposition conservatives, as hunger for sorely needed investment trumps an earlier political obsession with...

    WGES 2023 highlights forward-looking solutions

    WGES 2023 highlights forward-looking solutions

    28 Nov 2023

    The activities of the first day of the 9th World Green Economy Summit (WGES) included several high-level panels and a ministerial panel discussion, to shed light on forward-looking solutions...

    UAE’s non-oil GDP to grow 4.5% in 2023: World Bank

    UAE’s non-oil GDP to grow 4.5% in 2023: World Bank

    22 Nov 2023

    The World Bank has projected a 3.4% growth in the real Gross Domestic Product (GDP) of the UAE by the year 2023, with expectations of further increase to 3.7%...

    Turkish CB’s total reserves rise to $134.5b, highest level since 2014

    Turkish CB’s total reserves rise to $134.5b, highest level since 2014

    21 Nov 2023

    The Turkish central bank’s total reserves rose $6 billion last week to $134.5 billion, the highest since September 2014, four bankers’ calculations showed on Tuesday, resuming an uptrend since the...

    SBI sees minimal impact of CB’s tighter rules for personal loans

    SBI sees minimal impact of CB’s tighter rules for personal loans

    18 Nov 2023

    State Bank of India (SBI), the India’s top lender, expects minimal impact on its capital ratios from the central bank’s tighter rules for personal loans, its chairman told Reuters in...

    India’s wheat acreage down 5.5%, planting likely to pick up

    India’s wheat acreage down 5.5%, planting likely to pick up

    18 Nov 2023

    Indian farmers have planted wheat on 8.6 million hectares since Oct.1, when the current sowing season began, down nearly 5.5% from a year earlier, sources said on Friday. The Ministry...

    Sri Lanka sets a fiscal deficit target of $8.73 billion in 2024

    Sri Lanka sets a fiscal deficit target of $8.73 billion in 2024

    13 Nov 2023

    Sri Lanka’s government projected a lower-than-anticipated budget deficit for 2024 on Monday on the back of a significant jump in revenues which are crucial to keep its bailout programme from...

    Luxury homes back in business as Indian economy maintains pace

    Luxury homes back in business as Indian economy maintains pace

    11 Nov 2023

    V Nagarajan With the Indian economy maintaining its growth momentum, a niche segment in residential sector is getting a big boost with a spurt in sales. Rising income levels...

    Sheikh Mohammed announces 'Economic Principles of UAE'

    Sheikh Mohammed announces 'Economic Principles of UAE'

    08 Nov 2023

    Gulf Today, Staff Reporter His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai announced the “Economic Principles of...

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