Saturday, April 26, 2025

Finance

India’s Ambani, Asia’s wealthiest man, joins club of world’s 10 richest

Net worth of Mukesh Ambani, chairman of Reliance Industries Ltd., has jumped to $64.5b The twenty-seven storey Antilia, the residence of Reliance Industries chairman Mukesh Ambani in Mumbai. The net worth of Mukesh Ambani, chairman of Reliance Industries Ltd., has...

Global economic recession will be deep, but won’t last for long

Economists now see the economic impasse seen worldwide ending in record time Employees on the production floor of a factory in Massachusetts. While investors and market spectators brace for the deepest global recession since World War II, there is reason...

UAE audiences are tuning into web streaming even without lockdowns

StarzPlay packs in more growth in last three months than it did in five years Quite the big bang... Web streaming is having its best run ever in the UAE, drawing in more paying subscribers and higher average viewer times....

India’s Reliance Industries is debt-free ahead of schedule

Energy and telecom giant pulled in a slew of investors, including Abu Dhabi's Mubadala (adsbygoogle = window.adsbygoogle || ).push({}); Mumbai: Reliance Industries has become net debt-free ahead of its March 2021 target. The energy-to-telecom conglomerate raised more than 1.75 trillion...

Shops reopen, but luxury brands are still seeking answers

But free spending Chinese buyers may not be immediately available to spark a recovery Waiting for a shopper turn up... Luxury brands will look to take full advantage of pent up demand, but what will be the situation after that?

Dubai property owners cannot delay 2020 service charge payments any longer

RERA notice to owners states these funds are vital for upkeep of communities Homeowners will now have to get up-to-date on their service charge payments pronto. A notice has been issued saying 'there is a responsibility on every homeowner to...

India’s credit rating takes another hit, this one from Fitch

Economy could be in for a 5% contraction, adding to strain on fiscal deficit The strain of COVID-19 is showing up on the Indian economy, and Fitch joins Moody's in downgrading the rating. (adsbygoogle = window.adsbygoogle || ).push({}); Mumbai: India's...

Corporate scandals take time to be erased

NMC and Abraaj should be a warning for all that corporate governance needs tightening There was a time when Arif Naqvi of Abraaj was hobnobbing with the most influential. But financial manipulations will put an end to all that.

Dubai property owners cannot delay 2020 service charge payments any longer

RERA notice to owners states these funds are vital for upkeep of communities Homeowners will now have to get up-to-date on their service charge payments pronto. A notice has been issued saying 'there is a responsibility on every homeowner to...

UK inflation hits four-year low on oil price fall, COVID impact

BoE likely to boost quantitative easling to help economy through COVID A Tesco supermarket in Watford. British inflation fell to its lowest since June 2016 last month as the coronavirus pandemic sucked demand from the global economy and oil prices...

Latest News

Today Gold Rate in Saudi Arabia – 24th April 2025

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 4,793.82 while 24k Per 10 Gram gold...

Today Gold Rate in Qatar – 24th April 2025

Today Gold Rate in Qatar Today Per tola is QAR 4,671.35 while 24k Per 10 Gram gold price is QAR 4,005.00. Usually people opt...

Today Gold Rate in Oman – 24th April 2025

Today Gold Rate in Oman Today Per tola is OMR 491.63 while 24k Per 10 Gram gold price is OMR 421.50. Usually people opt...

Today Gold Rate in Kuwait – 24th April 2025

Today: Gold Rate in Kuwait (Kuwaiti Dinar) Today Per tola is KWD 388.40 while 24k Per 10 Gram gold price is KWD 333.00. Usually...

Today Gold Rate in Bahrain – 24th April 2025

Today Gold Rate in Bahrain ( Bahraini Dinar) Today Per tola is BHD 477.05 while 24k Per 10 Gram gold price is BHD 409.00....