Monday, May 20, 2024

Finance

UAE’s Mars Hope Probe on its way amid Covid-19 pandemic

The Mars probe has been transferred from Dubai's MBRSC to its launch site on the Tanegashima island in Japan. The UAE Space Agency and the Mohammed Bin Rashid Space Centre (MBRSC) announced the successful completion of the Hope probe's transfer...

Asian stocks fall, Europe set to follow on doubts over coronavirus drug

Asian shares are lower on Friday after an early rally on Wall Street suddenly vanished. Asian shares and US stock futures fell on Friday, spurred by doubts about progress in the development of drugs to treat Covid-19 and new evidence...

Emirates announces limited passenger flights to 8 cities

Passengers are required to apply social distancing guidelines during their journey and wear their own masks. Dubai-based Emirates plans to operate passenger services to Frankfurt (April 25, 27, 29), Jakarta (April 26), Johannesburg (April 25), Lagos (April 26), London Heathrow...

US oil firm Continental Resources halts shale output, seeks to cancel sales

Continental is exposed to weak prices because it did not hedge future production. The largest oil producer in North Dakota has halted most of its production in the US state and notified some customers it would not supply crude after...

26% decline in sales of homes in January-March in top-9 cities of the country: report

New Delhi The economic slowdown and the outbreak of the corona virus have had a major impact on the sale of homes. According to a report, the sales of houses in 9 major cities of the country declined by 26 percent...

33 crore poor benefited from Pradhan Mantri Garib Kalyan Yojana, assistance of 31,235 crore

New Delhi, ANI. The Finance Ministry on Thursday said that till April 22, under the Pradhan Mantri Garib Kalyan Yojana, more than 33 crore poor have been given financial assistance of Rs 31,235 crore. According to information provided by the ministry,...

Dearness Allowance: Central employees will not get DA increased till July 2021, government’s decision

New Delhi, ANI . The central government, which is engaged in overcoming the corona virus epidemic, has started cutting its expenses in view of the increasing economic burden. In this direction, the government has banned the new installments of dearness allowance to...

Rainy week forecast for parts of UAE starting from today

The weather is expected to be dusty and windy on Tuesday. Rain is expected over different areas of the UAE, starting Tuesday, according to the National Centre of Meteorology. NCM has issued the weather forecast for the coming few days: The weather...

Coronavirus: How to cope with debt in UAE after a lay-off, pay cut

Financial consultants offer the best way out under the current circumstance Dubai: As the coronavirus outbreak threatens to rob families of lives and livelihoods globally, the question of coping with shrunken or no incomes following salary cuts and job losses...

Coronavirus in UAE: Can my employer reduce my salary without a new contract?

An employer may choose to temporarily reduce the salary of its employee. Question. I am employed by a company and working on a construction project which falls under the classification of a vital sector. My employer has stated that it shall...

Latest News

Today Gold Rate in Saudi Arabia – 18th May 2024

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 3,499.14 while 24k Per 10 Gram gold...

Today Gold Rate in Qatar – 18h May 2024

Today Gold Rate in Qatar Today Per tola is QAR 3,429.16 while 24k Per 10 Gram gold price is QAR 2,940.00. Usually people opt...

Today Gold Rate in Oman – 18th May 2024

Today Gold Rate in Oman Today Per tola is OMR 358.08 while 24k Per 10 Gram gold price is OMR 307.00. Usually people opt...

Today Gold Rate in Kuwait – 18th May 2024

Today: Gold Rate in Kuwait (Kuwaiti Dinar) Today Per tola is KWD 284.01 while 24k Per 10 Gram gold price is KWD 243.50. Usually...

Today Gold Rate in Bahrain – 18th May 2024

Today Gold Rate in Bahrain (Bahraini Dinar) Today Per tola is BHD 348.75 while 24k Per 10 Gram gold price is BHD 299.00. Usually...