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    UAE and UK discuss bilateral trade, investment partnerships

    28 Jul 2020

    Dr Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, held a virtual meeting with Ranil Jayawardena, British Minister for International Trade, to discuss the frameworks of bilateral trade and economic partnerships.

    European shares close higher as focus turns to US stimulus

    28 Jul 2020

    European shares closed modestly higher on Tuesday, as investors assessed a batch of mixed earnings reports while holding out for more US stimulus to limit the economic damage of COVID-19.

    Dubai announces new economic stimulus package worth Dhs1.5 billion

    11 Jul 2020

    Under the directives of Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Dubai has launched its third stimulus package to ease the impact of the COVID-19 crisis on businesses.

    Iran to develop oil industry despite US sanctions

    11 Jul 2020

    Iranian Oil Minister Bijan Zanganeh said in a televised speech on Saturday that Iran is determined to develop its oil industry in spite of US sanctions imposed on the country

    British PM to tell firms to order staff back to workplaces

    11 Jul 2020

    Johnson has told top civil servants to set an example by starting to return staff to their desks and he has also asked companies including Goldman Sachs to get more employees back after working from home, the newspaper said.

    RBI Governor says Indian economy’s medium-term outlook remains uncertain

    11 Jul 2020

    According to most estimates, the Indian economy will register a record contraction of over 4.5% in the current fiscal year that started on April 1 due to the pandemic.

    UAE ranked 1st in Arab world in Online Service Index

    11 Jul 2020

    The United Arab Emirates has been ranked first in the GCC, Arab region, and Western Asia, and 8th globally in the Online Service Index (OSI), issued by the United Nations within the E-Government Development Index (EGDI).

    Italy’s industrial output grows more strongly than expected

    11 Jul 2020

    Industrial output in Italy rebounded much more strongly than expected in May after collapsing in the previous two months due to a coronavirus lockdown, data showed on Friday, and the economy minister forecast further gains in June and July.

    UK economy to slump 10.1% as debts surge, warns Moody’s

    11 Jul 2020

    Britain will suffer the sharpest peak-to-trough economic slump of any major economy this year, rating agency Moody’s warned on Friday, and the coronavirus crisis will push up national debt as a share of Gross Domestic Product (GDP) by nearly a quarter.

    UAE-China expo to boost trade

    11 Jul 2020

    The Ministry of Economy of the United Arab Emirates and the China Council for the Promotion of International Trade (CCPIT), will together host the first China-UAE Economic and Trade Digital Expo,

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