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US dollar gets pushed in global oil trade

08 Mar 2023

It looks like that the economic sanctions imposed by the G7 and other European Union (EU) countries against Russia in the wake of the war in Ukraine turns out to...

Global economy faces tougher year in 2023, Georgieva warns

18 Jan 2023

Gulf Today Report For much of the global economy, 2023 is going to be a tough year as the main engines of global growth — the United States, Europe...

Britain and India aim for free trade deal by October, says Johnson

22 Apr 2022

Britain and India agreed on Friday to step up defence and business cooperation during a visit to New Delhi by Prime Minister Boris Johnson, who said a bilateral free-trade...

UAE’s non-oil foreign trade records 27% growth in 2021 totalling nearly Dhs1.9 trillion

27 Feb 2022

The total value of the UAE’s non-oil foreign trade in 2021 amounted to nearly Dhs1.9 trillion, reflecting a 27 per cent growth compared to 2020, and by 11 per...

India’s merchandise exports may reach $87.2 billion in 1st quarter

13 Jun 2021

Export-Import Bank of India (Exim Bank) has projected India’s total merchandise exports for the first quarter of FY22 to reach $87.2 billion. It would be around 70 per cent...

IMFC meeting deliberated latest global economic developments

13 Apr 2021

Obaid Humaid Al Tayer, UAE Minister of State for Financial Affairs, recently participated in the virtual International Monetary and Financial Committee (IMFC) meeting, which took place alongside the annual meetings...

Sheikh Mohammed praises World Logistics Passport's global expansion

20 Mar 2021

The World Logistics Passport (WLP), the first ever global freight loyalty programme launched under the directives of Vice President, Prime Minister of the UAE and Ruler of Dubai His...

Global stocks lower amid China tension with US, Australia

21 May 2020

Global stock markets declined on Thursday after Japanese exports plunged and Chinese trade tensions with Washington and Australia worsened. Investors were looking ahead to Friday’s meeting of China’s legislature...

Oil spurt lifts global stocks after three-day losing streak

05 May 2020

Stock markets snapped a three-day losing streak on Tuesday and oil was on its longest run of gains in nine months as moves to ease major economies out of...

Pandemic slams global factories, business activity sinks to new lows

04 May 2020

Factory activity was ravaged across the world in April, business surveys showed, and the outlook looked bleak as government lockdowns to contain the new coronavirus pandemic froze global production...

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