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    Caution key word as economies reopen

    Caution key word as economies reopen

    27 Jun 2020

    As countries around the globe take strenuous efforts to bring COVID-19 under control while safeguarding jobs and incomes, it should be kept in mind that the economic recovery from the...

    UAE and South Korea’s non-oil trade stands at $4.9 billion in 2019

    UAE and South Korea’s non-oil trade stands at $4.9 billion in 2019

    27 Jun 2020

    The economic relations between the UAE and South Korea have witnessed considerable development in all sectors. The volume of non-oil trade between the UAE and South Korea reached $4.9 billion...

    Egypt secures $5.2b IMF loan to tackle virus fallout

    Egypt secures $5.2b IMF loan to tackle virus fallout

    27 Jun 2020

    The International Monetary Fund on Friday approved Egypt’s request for a $5.2 billion loan as the country’s economy reels from the financial fallout of the coronavirus pandemic. The one-year arrangement,...

    Members of Dubai SME receive Dhs972.9m procurement contracts

    Members of Dubai SME receive Dhs972.9m procurement contracts

    27 Jun 2020

    Business Bureau, Gulf Today The total value of procurement contracts for members of Dubai SME, the agency of Dubai Economy mandated to develop small and medium enterprise (SME), reached...

    Italy business, consumer morale rise in June after May’s trough

    Italy business, consumer morale rise in June after May’s trough

    27 Jun 2020

    Morale amongst Italian businesses and consumers rose in June, data showed, as the country recovered from the worst phase of its coronavirus epidemic and the government pumped money into the...

    Pakistan announces record rise in fuel prices, economy contracts

    Pakistan announces record rise in fuel prices, economy contracts

    27 Jun 2020

    Pakistan has announced a record increase in fuel prices days before the end of a fiscal year in which the country’s economy contracted for the first time in 68 years...

    Dubai emerges as a strong hub for tech by attracting top brands

    Dubai emerges as a strong hub for tech by attracting top brands

    26 Jun 2020

    Inayat-ur-Rahman Dubai has established a strong startup ecosystem that attracted leading international brands to invest in the emirate’s technology sector, an industry veteran said. In an exclusive interview with...

    BoJ warns second-round effect of COVID-19 may hurt economy

    BoJ warns second-round effect of COVID-19 may hurt economy

    26 Jun 2020

    The Bank of Japan (BOJ) Governor Haruhiko Kuroda said second-round effects of the coronavirus pandemic could hurt the Japanese economy “considerably”, signalling the bank’s readiness to ramp up stimulus measures...

    Hub71 collaborates with UAE banks to support tech startups

    Hub71 collaborates with UAE banks to support tech startups

    25 Jun 2020

    Hub71 has collaborated with two leading banks, Mashreq Bank and First Abu Dhabi Bank, to help identify and solve the pain points faced by startups. This follows the launch of...

    World stocks sink due to surge in virus cases and IMF warning

    World stocks sink due to surge in virus cases and IMF warning

    25 Jun 2020

    World stocks spluttered to their lowest level in more than a week on Thursday, as a surge in US coronavirus cases and an IMF warning of an almost 5% plunge...

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