Thursday, April 9, 2026

Finance

COVID-19 impact: IMF sees Asia’s pain persisting as virus curbs limit recovery

IMF projects Asia’s economic output in 2022 to be about 5% lower Flight crew members wearing face masks walk through the international arrivals area at Beijing Capital International Airport in Beijing. Asia’s loss of economic output due to the deadly...

Foreign workers leaving Gulf countries will not lead to economic drain

Major infrastructure works are done and there will be less strain on public services Workers voluntarily leaving the Gulf states due to the coronavirus pandemic is good for these economies.Image Credit: GN Archive ALSO IN THIS PACKAGE Photos: Emirates resumes on-ground...

No excuses for going low on R&D

Whatever be a business’s cost priorities, this investment must not suffer Institutions that do not constitute a committee, a working group, a department or even an employee dedicated to R&D lack key advantages.Image Credit: Pixabay ALSO IN THIS PACKAGE Photos: Emirates...

Saudi Arabia facilitates corporate money transfer abroad

Saudi Arabia facilitates money transfer abroad A Saudi woman shows Saudi riyal banknotes at a money exchange shop, in Riyadh. Photo for illustrative purposes.Image Credit: Reuters Abu Dhabi Saudi Arabia’s Ministry of Commerce has addressed the problems facing companies and institutions in...

$107 billion and counting, that’s what health insurers worldwide have to pay for COVID-19 claims

Premiums set to rise for businesses, and covering against pandemic is not the only risk Insurers will be shelling out $107 billion on claims related to the COVID-19 – but it’s unlikely that the payouts will end with that.Image Credit: ALSO...

India’s airlines risk extinction as government refuses to rescue billionaires

Close to 3m jobs in aviation and related industries could be lost in India this year Air India planes parked on the tarmac of Indira Gandhi International Airport in New Delhi. Indian carriers need as much as $2.5 billion to...

Businesses need to regain their X factor

Brushing up on their customer experiences will speed the transition Each interface and interaction with the customer is an opportunity for a business. Make sure to capitalise on it. The COVID-19’s impact on people and economies has been profound. And it...

India’s bankers find home working is actually improving productivity

A few have already dropped plans to invest in office expansions Staying put at home is raising productivity scores in India's banking sector. Absence of the hour or two spent on commuting is the main factor aiding those gains. (File...

Nissan will pay dividends again only after cashflow turns positive

New CEO at Japanese carmaker intends to see positives return from October 2021 Tokyo: Nissan Motor Co. will need to return to positive cashflow and bolster its cash position to start paying out dividends again, CEO Makoto Uchida told shareholders...

COVID-19: Why target Emirates when airlines worldwide have hit turbulence?

Job losses at Dubai carrier are being given significance over and above all else Emirates is being held towards a vastly different set of standards than the rest of the industry. Job losses at Emirates are rated as indicative of...

Latest News

UAE Gold Rate Today

Gold rates today are available for Abu Dhabi, Riyadh, Doha, Kuwait City, and Muscat. Check the latest 24K, 22K, and 18K gold rates.

Todays Gold Rate in Kuwait and UAE

Gold rates are available for major cities in the Gulf region. Check the latest gold prices in Kuwait and other cities.

Gold Rate UAE Drops

Gold prices in Dubai have dropped. The drop is attributed to the loss of most gains achieved after a ceasefire.

Saudi Gold Price Today

Gold price in Saudi Arabia is a topic of interest for many investors. The latest rates are available on FXStreet, providing valuable insights into the gold market trends.

Keir Starmer says a lot of work remains to make US-Iran ceasefire hold – BBC

Keir Starmer says a lot of work remains to make the US-Iran ceasefire hold. It's uncertain how this will play out. The international community...