Thursday, July 24, 2025

Finance

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...

UAE Ministry of Finance implements Procure-to-Pay

Entities can now direct purchase order to supplier in minutes The Ministry of Finance (MOF) building in Bur Dubai. MoF on Wednesday announced the implementation of Procure-to-Pay (P2P), which facilitates the procurement process and e-approval of purchase orders and requests...

Smart Dubai expands partnership on retail sector data project

Smart Dubai announces Network International as the newest partner to join the project Dr Aisha Bint Butti Bin Bishr, Director General of Smart Dubai. Smart Dubai announced on Wednesday that it has onboarded a new partner in the joint Retail...

Global energy leaders signal optimism at Abu Dhabi CEO roundtable

Virtual convening highlighted need to ensure global energy supplies as economies reopen Dr. Sultan Ahmed Al Jaber, UAE Minister of State and group CEO of the Abu Dhabi National Oil Company (Adnoc) hosting the special virtual edition of the Abu...

Oil giant Saudi Aramco completes $70b takeover of Sabic

Aramco will pay Saudi Arabia's sovereign wealth fund in several installments Saudi Aramco has completed a deal it reached last year to buy a 70% stake in Saudi Basic Industries Corp. for around $70 billion. (adsbygoogle = window.adsbygoogle ||...

Leading UAE banks fully utilise liquidity relief funds to support customers

133,000 customers benefitted from the liquidity support of CBUAE extended through banks The First Abu Dhabi Bank in Abu Dhabi. Fifteen leading UAE banks have fully utilised their share of the Dh50 billion liquidity support package provided by the Central...

Latest News

The application process for Hajj pilgrimage 2026 will run till July 31, know what are the rules

Regarding Hajj pilgrimage 2026, it has been clarified by the Saudi government that children below the age of 12...

Today Gold Rate in Dubai (UAE) in Dirham, 24th July 2025

Today Gold Rate in Dubai (UAE) Today Per tola is AED 4,767.58 while 24k Per 10 Gram gold price is AED 4,087.50. Usually people...

Today Gold Rate in Saudi Arabia – 24th July 2025

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 4,898.80 while 24k Per 10 Gram gold price is SAR 4,200.00. Usually...

Today Gold Rate in Qatar – 24th July 2025

Today Gold Rate in Qatar Today Per tola is QAR 4,747.17 while 24k Per 10 Gram gold price is QAR 4,070.00. Usually people opt...

Today Gold Rate in Oman – 24th July 2025

Today Gold Rate in Oman Today Per tola is OMR 499.21 while 24k Per 10 Gram gold price is OMR 428.00. Usually people opt...