Wednesday, January 8, 2025

Finance

Samsung second in global smartwatch market in Q1; Apple leads

Despite coronavirus pandemic, worldwide shipments grows 20% on-year to 14M units in Q1 Samsung Electronics became the second-largest vendor of smartwatches in the first quarter of the year, amid rising popularity of the wearable device. Samsung, which makes the Galaxy Watch,...

WhatsApp for web to integrate with Messenger Room

Thee shortcut will appear under the Attach button along with other options. Facebook launched a video conferencing tool 'Messenger Rooms' last month to take on Zoom and other video platforms and now, a new report has claimed that 'Messenger Rooms'...

NMC CFO exits UAE with family and housemaid on repatriation flight to India

Sources allege he may have furnished a false affidavit to the embassy claiming a death in the family. The Chief Financial Officer (CFO) of NMC Health, which is under investigation for a multi-billion financial fraud, exited the UAE on the...

Sensex jumps over 650 Points, Nifty above 9,400

Sensex ended 199 points higher on Friday, propelled by strong gains in index-heavyweight Reliance Industries and positive cues from global markets. Indian stocks started Monday's opening session on a higher note as it tracked gains in Asian markets. The S&P BSE...

Indian rupee opens marginally lower at 75.60 per dollar

On Friday, the rupee ended 21 paise higher at 75.55 per dollar, amid positive bias seen in the domestic equity market. Indian rupee opened marginally lower at 75.60 per dollar on Monday to quote at Dh20.59 against Friday's close of...

Dubai business activity in April hit due to Covid-19

Employment conditions worsened again in Dubai at the start of the second quarter. Lockdown measures in Dubai dampened the spread of coronavirus disease 2019 (Covid-19) and had another drastic impact on business activity in April, said IHS Markit Dubai Purchasing...

GCC stocks slump after VAT hike in Saudi Arabia, record new Covid-19 cases

Dubai Financial Market general index lost 2.5 per cent, while the Abu Dhabi bourse was down 1.2 per cent. The UAE and other Gulf countries' stock markets slumped on Monday morning, hit by Saudi Arabia's decision to increase value-added tax...

Coronavirus impact: VAT increased to 15% in Saudi Arabia, cost of living allowance suspended

Saudi Arabia made the announcement on Monday. Saudi Arabia's government is suspending the cost of living allowance and raising the value added tax (VAT) threefold, as part of measures aimed to shore up state finances, which have been battered by low...

Coronavirus impact: Flydubai extends suspension of regular flights

Carrier obtained government approvals to operate 90 repatriation flights over the past few weeks. Budget carrier flydubai on Monday announced its passenger operations will remain suspended till June 4 as part of precautionary measures being implemented in response to Covid-19. The carrier said...

Post COVID-19: Finance will secure Dubai’s future

Fiscal easing measures will be a relief for businesses struck by COVID-19 affliction The world as we knew it has been turned drastically. Undeniably, the COVID-19 health crisis has been the biggest challenge in generations, and its far-reaching effects have...

Latest News

AFC announces dates and stadiums for 2027 Asian Cup in Saudi Arabia

The Asian Football Confederation launched today,The starting whistle for the 2027 Asian Cup,The Kingdom of Saudi Arabia will host...

UAE lifts drone ban: New regulations for hobbyists and professionals

The United Arab Emirates raised United Conditional Ban on Use Individuals to drones, in a move aimed at enhancing community safety and encouraging innovation...

Today Gold Rate in Dubai (UAE) in Dirham, 8th Jan 2025

Today Gold Rate in Dubai (UAE) Today Per tola is AED 3,738.25 while 24k Per 10 Gram gold price is AED 3,205.00. Usually people...

Today Gold Rate in Saudi Arabia – 8th Jan 2025

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 3,837.39 while 24k Per 10 Gram gold price is SAR 3,290.00. Usually...

Today Gold Rate in Qatar – 8th Jan 2025

Today Gold Rate in Qatar Today Per tola is QAR 3,749.91 while 24k Per 10 Gram gold price is QAR 3,215.00. Usually people opt...