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    Dafza contributes Dhs164 million to Dubai foreign trade economy

    Dafza contributes Dhs164 million to Dubai foreign trade economy

    15 Mar 2020

    The Dubai Airport Freezone Authority (Dafza) has played a key role in boosting Dubai’s economic growth, with a 12 per cent contribution to the emirate’s foreign trade in 2019, compared...

    Abu Dhabi Securities Exchange temporarily closes trading halls

    Abu Dhabi Securities Exchange temporarily closes trading halls

    15 Mar 2020

    Abu Dhabi Securities Exchange (ADX) has announced to the investor community that the Exchange is temporarily closing its trading hall in its main offices in Abu Dhabi as well as...

    Saudi central bank announces $13b financing package to help SMEs

    Saudi central bank announces $13b financing package to help SMEs

    15 Mar 2020

    Saudi Arabia’s central bank said it had prepared a 50 billion riyal ($13 billion) package to help small and medium-sized enterprises cope with the economic impacts of the coronavirus outbreak....

    Yes Bank allots 1,000 crore equity shares to SBI and 7 private banks

    Yes Bank allots 1,000 crore equity shares to SBI and 7 private banks

    15 Mar 2020

    Crisis-hit Yes Bank has allotted 1,000 crore equity shares to seven private banks and the state-run State Bank of India for a total consideration of Rs10,000 crore. IDFC First Bank...

    Abu Dhabi consumer prices down 2.1% in February: SCAD

    Abu Dhabi consumer prices down 2.1% in February: SCAD

    14 Mar 2020

    The Consumer Price Index (CPI) in the emirate of Abu Dhabi has declined by 2.1% from 111.6 points in February 2019 to 109.3 points in February 2020, according to Statistics...

    SECP policy board approves amendments to Companies Act

    SECP policy board approves amendments to Companies Act

    14 Mar 2020

    The Securities and Exchange Commission of Pakistan’s (SECP) Policy Board met in Islamabad at the SECP Headquarters under the Chairmanship of Professor Khalid Mirza. The Policy Board approved the proposed...

    SCTDA records 3% increase in hotel guest numbers during 2019

    SCTDA records 3% increase in hotel guest numbers during 2019

    14 Mar 2020

    The Sharjah Commerce and Tourism Development Authority (SCTDA) revealed that the emirate recorded a three per cent growth in the number of hotel guests in 2019 as compared to 2018....

    Indian real estate sector is facing the impact of Covid-19

    Indian real estate sector is facing the impact of Covid-19

    14 Mar 2020

    V Nagarajan With the global impact of Covid-19 on multiple sectors, Indian realty sector is by no means an exception. It is said that there may be fewer residential...

    Business community hails Dhs1.5b Dubai package

    Business community hails Dhs1.5b Dubai package

    13 Mar 2020

    Inayat-ur-Rahman Dubai has launched a Dhs1.5 billion economic stimulus package for the next three months to support companies and the business sector in Dubai. The package seeks to enhance...

    Global stock markets bounce back on US stimulus hopes

    Global stock markets bounce back on US stimulus hopes

    13 Mar 2020

    European and US stocks and oil prices recovered on Friday on US stimulus hopes, after Asian equities experienced wild swings, with traders closing out a week of carnage for world...

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