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    Nigeria bans the use of cryptocurrencies

    Nigeria bans the use of cryptocurrencies

    07 Feb 2021

    Gulf Today Report  The central bank of Nigeria released a statement ordering all banks and financial institutions to close accounts that make use of cryptocurrencies. Nigeria, Africa’s largest economy...

    Research highlights UAE’s positive sentiment

    Research highlights UAE’s positive sentiment

    06 Feb 2021

    Jamil Khan, Senior Reporter A UAE-based digital first creative agency Tonic Worldwide and GIPSI have released a report and identified five factors highlighting the positive sentiments of 2021 for...

    ADX reduces transaction fees on trading activities

    ADX reduces transaction fees on trading activities

    06 Feb 2021

    The Abu Dhabi Securities Exchange (ADX) announced on Saturday that it is reducing overall trading activity fees on all exchange transactions starting from February 14 as part of its...

    ACCI, Ajman Bank join hands to support SMEs, innovative projects

    ACCI, Ajman Bank join hands to support SMEs, innovative projects

    06 Feb 2021

    The Ajman Chamber of Commerce and Industry (ACCI) signed a memorandum of cooperation (MoC) with the Ajman Bank to reinforce the cooperation between the two parties in order to...

    Saudi non-oil economic growth remains strong in January 2021

    Saudi non-oil economic growth remains strong in January 2021

    06 Feb 2021

    Growth in the Saudi Arabian non-oil economy remained strong over the first month of 2021, as business activity soared amid rising new work levels and a faster upturn in export...

    Italy’s economy contracts by 2%, unemployment rate edges up

    Italy’s economy contracts by 2%, unemployment rate edges up

    06 Feb 2021

    Italy’s economy shrank by 2 per cent in the fourth quarter of last year from the previous three months, preliminary data showed, a slightly smaller slump than expected after...

    Dubai has enabled technology start-ups to script global success stories, says Hamdan

    Dubai has enabled technology start-ups to script global success stories, says Hamdan

    06 Feb 2021

    The grand economic vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has led to the...

    UAE ranks first regionally in Global Entrepreneurship Index 2020

    UAE ranks first regionally in Global Entrepreneurship Index 2020

    05 Feb 2021

    The UAE has been ranked first in the in the region, and fourth globally in the Global Entrepreneurship Index (GEI) 2020 by the Global Entrepreneurship Monitor (GEM - NECI), climbing...

    India holds rates, RBI assures markets of liquidity

    India holds rates, RBI assures markets of liquidity

    05 Feb 2021

    India’s central bank kept rates steady at record low levels as expected on Friday and said it would maintain support for the economy’s recovery from the pandemic by ensuring...

    Dubai-Germany trade stands at Dhs24.6 billion

    Dubai-Germany trade stands at Dhs24.6 billion

    05 Feb 2021

    Mutual trade between Germany and Dubai grew 13.2% in the last ten years (2011-2020) from Dhs21.7 billion to Dhs24.6 billion. Data for the last year revealed that imports from Germany...

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