Gulf

Oman’s economy is in much better shape than recent IMF forecasts, says IIF

Strong fiscal response to keep the economy resilient through the current cirisis Dubai: Oman is making good progress in fiscal adjustment and in structural reforms that will help the economy withstand the impact of COVID-19 pandemic on the economy, according...

Amanat terminates agreement for the sale of Middlesex Associates

Decision to terminate the agreement was to protect shareholders’ interests Amanat Holdings on Wednesday announced that its subsidiary, Amanat Investments (Amanat), has terminated the sale and purchase agreement with SW Holding Limited, for the sale of its 100 per cent...

NRI Alert: Indian expats can now provide UAE local address in passports

They need to apply for new passport with UAE residence proof: Indian Consulate in Dubai  Indian expats in the UAE and elsewhere can now provide their local address abroad to be added in their passports, Gulf News can reveal. Siddhartha Kumar...

Dubai free zone launches offer: Set up an office for free

Under the new company setup offer, the office can be set up within five working days with a free six-month trial period. International companies can now set up a representative office in the Dubai Multi Commodities Centre Authority (DMCC) without...

Game changer: Financial security in an insecure market

House Views and collective expertise on rigorously diversified investment portfolios can sail you through a choppy, turbulent economy, and help anchor you securely on your wealth management journey Have you ever thought of investing during the fiscal challenges wrought by...

Aldar takes over development, management of Dh30B ADQ projects

Aldar will take over the development and management of Riyadh City and Baniyas North projects as well as other developments in Al Ain and Al Dhafra regions. Property developer Aldar will take over Dh30 billion worth of projects from government...

ENOC extends fuel exhaust cleaning services to fleet customers via ENOC Link app

ENOCBlue services will break down toxic nitrogen oxides in fuel exhausts Fleet operators in the UAE can do their bit for the environment... and they can do so using an app. ENOC's mobile-based fuel delivery service ENOC Link will offer...

Oil falls 2% on Libyan output, COVID-19 demand concerns

Libya’s NOC lifts force majeure on exports Oil fell nearly 2% on Friday, finishing lower for the week, in anticipation of a surge in Libyan crude supply and demand concerns caused by surging coronavirus cases in the United States and...

ADNOC Onshore awards Dh1.19b in contracts to raise efficiencies at three Abu Dhabi oil fields

Bab, Asab, and Sahil fields operated by energy giant will benefit from improved efficiency Abu Dhabi National Oil Company (ADNOC) has awarded three contracts worth Dh1.19 billion to boost efficiencies at its onshore field operations. This will see the procurement and...

Overseas companies can now set up operations in Dubai in five working days, no upfront fees

DMCC launches new offer that also provides overseas companies with 6-month trail run Dubai: Overseas companies wishing to set up in Dubai can do so within five working days - that's as part of a new scheme rolled out by...

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Woman in Abu Dhabi ordered to pay Dh15,000 fine for insulting man in a mall

Complainant said woman had called him 'impolite and shameless' in public Abu Dhabi: A woman has been ordered to pay...

Lulu group opens 195th hypermarket in Khalifa city

The hypermarket was inaugurated by the chairman of Abu Dhabi Department of Economic Development, Mohammed Ali Al Shorafa. Abu Dhabi: The 195th hypermarket of Lulu...

Soon .. an Israeli delegation to the Emirates to conduct a joint sea corridor project

An informed security source, who refused to reveal his identity for security reasons, stated that the Emirati Crown Prince, the de facto ruler of...

UAE GOLD RATE(AED)

UAE Gold Rates (AED) Oct 29, 2020 Updated Type Morning Afternoon Evening Yesterday OUNCE 6,914.28 6,881.25 24 Carat 228.00 227.00 22 Carat 214.25 213.25 21 Carat 204.50 203.50 18 Carat 175.25 174.50 UAE Gold Rates (AED) Oct 27, 2020 Updated Type Morning Afternoon Evening Yesterday OUNCE 7,006.03 6,969.33 7,006.03 6,995.02 24 Carat 231.00 230.00 231.00 230.75 22 Carat 217.00 216.00 217.00 216.75 21 Carat 207.25 206.00 207.25 206.75 18 Carat 177.50 176.75 177.50 177.25   Past days Uae Gold Rate (Aed) Date Ounce 24...

New negotiations between the Houthis and the Yemeni government on the prisoner exchange deal

The official in the Houthi prisoners' file, Amin Mortada, announced a new round of negotiations with the Yemeni government on another prisoner exchange deal,...