Tuesday, July 22, 2025

Finance

Coronavirus live: Parts of Beijing locked down as new cases reported in China

UAE reported 513 new cases after 44,000 more tests were conducted Parts of Beijing were placed under lockdown on Saturday as six new domestic coronavirus cases were reported, fuelling fears of a resurgence in local transmission. UAE reported 513 more cases...

Get tax residency for less than $400,000 in Uruguay

President Luis Lacalle Pou is seeking foreign investment to help revive the economy Motenvideo, capital of Uruguay. Uruguay will soon be even more welcoming to wealthy foreigners looking for a new home following a presidential decree that makes it cheaper...

Pakistan unveils $44 billion 2020-21 national budget

Economic activity in the country slowed down due to lockdown imposed by the government A woman shops for grocery items at a store in Peshawar, Pakistan. No new income tax has been imposed in the budget as the government wants...

Arif Naqvi took $385 million from Abraaj, liquidators claim

Liquidators overseeing insolvency now estimate the missing money is much bigger Arif Naqvi, the founder and ex-chief executive officer of Abraaj group. Liquidators overseeing Abraaj Group's insolvency now estimate Chief Executive Officer Arif Naqvi's alleged theft to have cost the...

Yandex mulls buying out Uber’s stake from its Russian joint venture

The company is looking at purchasing Uber’s 38 per cent stake in Yandex.Taxi Russian technology firm Yandex is considering buying Uber Technologies’ stake in their joint ride-hailing unit instead of seeking an initial public offering of the division, according to...

US stocks suffer worst sell-off since March amid renewed coronavirus fears

All three major indexes fell more than 5% as signs mounted of a possible second wave of the pandemic Wall Street plummeted on Thursday as investors reacted to renewed fears of a pandemic resurgence and digested dour economic forecasts from...

Oil extends slump on fresh concerns over supply-demand balance

Benchmarks head for their first weekly declines since April amid a rise in US coronavirus cases and an increase in the country's crude oil stockpiles Oil prices fell on Friday, extending heavy overnight losses as a surge in US coronavirus...

Global economy to suffer ‘significant scarring effects’, says IMF

The organisation's chief economist said growth projections to be released this month will likely be worse than the 3% contraction estimated in April The global economy is recovering more slowly than expected from the coronavirus pandemic and will bear lingering...

Social media firm Snap courts growth by focusing on small businesses amid Covid-19

The company, which saw a hit to its ad revenue during the pandemic, is now seeing more business from traditional sectors like telecoms and automobiles Snap, the company that owns social media platform Snapchat, said it has made up for...

Four financial traps to avoid to protect your money post Covid-19

A financial crisis can leave residents more vulnerable to scams or taking on credit they cannot afford to repay An expression that has seen some people get rich through the ages is "when there’s blood on the streets, buy property"....

Latest News

Dr. Abeer Al Obaidi becomes Saudi’s first female professor of international law and human rights

Dr. Abeer Al Obaidi becomes Saudi's first female professor of international law and human rights Dr. Abeer Al Obaidi is...

Today Gold Rate in Dubai (UAE) in Dirham, 21th July 2025

Today Gold Rate in Dubai (UAE) Today Per tola is AED 4,720.92 while 24k Per 10 Gram gold price is AED 4,047.50. Usually people...

Today Gold Rate in Saudi Arabia – 21th July 2025

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 4,875.47 while 24k Per 10 Gram gold price is SAR 4,180.00. Usually...

Today Gold Rate in Qatar – 21th July 2025

Today Gold Rate in Qatar Today Per tola is QAR 4,735.50 while 24k Per 10 Gram gold price is QAR 4,060.00. Usually people opt...

Today Gold Rate in Oman – 21th July 2025

Today Gold Rate in Oman Today Per tola is OMR 495.71 while 24k Per 10 Gram gold price is OMR 425.00. Usually people opt...