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    Equity markets rebound on EU optimism; gold edges higher

    Equity markets rebound on EU optimism; gold edges higher

    20 Jul 2020

    Global equity markets rebounded on Monday on optimism the European Union would agree on a recovery fund to help revive regional economies hit by the coronavirus, but worries about the...

    Consumer trust in UAE banks remains high in 2019

    Consumer trust in UAE banks remains high in 2019

    20 Jul 2020

    Business Bureau, Gulf Today UAE Banks Federation (UBF) has unveiled the results of its 2019 Trust Index Survey revealing growing customer confidence in UAE banks, with 76% of respondents...

    Dubai’s external food business reaches Dhs32b in H1 of this year

    Dubai’s external food business reaches Dhs32b in H1 of this year

    20 Jul 2020

    Business Bureau, Gulf Today Dubai Customs announced on Monday that the emirate’s external food trade volumes in the first half of the year totalled 9 million tonnes, representing a...

    India’s gross debt may reach 87.6 per cent of GDP in FY21

    India’s gross debt may reach 87.6 per cent of GDP in FY21

    20 Jul 2020

    As the coronavirus pandemic brings the economy to a grinding halt, raising the need for the higher government spending, India’s gross debt is likely to touch Rs170 lakh crore, which...

    Japan’s sinking exports raise risks of prolonged economic downturn

    Japan’s sinking exports raise risks of prolonged economic downturn

    20 Jul 2020

    Japan’s exports plunged at a double-digit pace for the fourth month in a row in June, backing signs the coronavirus crisis has knocked the economy into its worst postwar recession...

    Most currencies make minor moves, CB meetings in focus

    Most currencies make minor moves, CB meetings in focus

    20 Jul 2020

    Most emerging market (EM) currencies made small moves on Monday as surging number of coronavirus cases kept risk appetite muted ahead of a slew of emerging market central bank meetings...

    India plans to reduce number of state-owned banks: Sources

    India plans to reduce number of state-owned banks: Sources

    20 Jul 2020

    India is looking to privatise more than half of its state-owned banks to reduce the number of government-owned lenders to just five as part of an overhaul of the...

    EU leaders at talks on budget, fund and COVID-19 rescue plan

    EU leaders at talks on budget, fund and COVID-19 rescue plan

    19 Jul 2020

    Acrimonious European Union talks over an unprecedented $2.1 trillion (1.85 trillion euro) EU budget and coronavirus recovery fund entered a third day on Sunday. On the table is a $2.1...

    Abu Dhabi non-oil trade touches Dhs80.23 billion in 5 months

    Abu Dhabi non-oil trade touches Dhs80.23 billion in 5 months

    19 Jul 2020

    The value of Abu Dhabi non-oil foreign trade has reached Dhs80.23 billion through the emirate’s outlets during the first five months of 2020, the Abu Dhabi Customs has announced. Exports...

    Foreign direct investment in Pakistan reaches $2.56 billion

    Foreign direct investment in Pakistan reaches $2.56 billion

    19 Jul 2020

    Pakistan’s foreign direct investment (FDI) has improved by 88% in fiscal year 2020 to $2.56 billion with major investment coming in the power and telecommunication sectors from China and Norway...

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