Monday, May 12, 2025

Finance

Fed seen holding rates steady and halting bill purchases by June

Forecast predicted no move in the federal funds rate until at least 2022 Federal Reserve policy makers will keep interest rates on hold this year and next, and will wind up their efforts to boost excess bank reserves by June,...

It took 50 Years for climate change to top the Davos agenda

Calls for action didn’t come primarily from young activists like Greta Thunberg It took five decades for global elites to put climate change at the center of the World Economic Forum, the annual gathering in Davos, Switzerland, that’s meant to...

IMF: World economy to improve in 2020, but India responsible for ‘downward revisions’

Global growth will accelerate to 3.3% from 2.9%, marking the first pickup in 3 years The International Monetary Fund predicted the world economy will strengthen in 2020, albeit at a slightly slower...

No developer can impose rules on holiday homes in Dubai

New directives issued by DTCM to offer more clarity in running these businesses ALSO IN THIS PACKAGE List of public holidays in the UAE for 2020Coming up next:...

Trump to meet Iraqi President Saleh at Davos

Meeting first since tensions erupted over US killing of Iranian general, Iraqi commander Washington: US President Donald Trump will meet his Iraqi counterpart and the head of the European Union executive body...

France, US agree to extend digital tax row talks

Macron and Trump have 'great discussion' over phone on issue Paris: Emmanuel Macron and Donald Trump have agreed to extend negotiations on a dispute over a French tax on digital giants to...

UAE wants its family businesses to go public

Draft law expected to ease owners’ concerns of how much stake they should sell ALSO IN THIS PACKAGE Mohammed bin Rashid Solar Park phase 3 operational in AprilThe...

Growth of regional logistics to intensify in 2020, say experts

Logistics industry will also continue to witness a rapid advancement in technology ALSO IN THIS PACKAGE US becomes latest country to announce participation in Dubai Expo 2020Latest Pictures:...

UAE family office IPOs will help drive reform, analysts say

Listing UAE family businesses will bring in much-needed reform in markets, economy ALSO IN THIS PACKAGE UAE wants its family businesses to go publicSaudi healthcare firm said to...

Crunch time for Union Properties

Dubai developer to hold Board of Directors' meeting today ahead of key decisions Dubai: Union Properties will hold a Board of Directors’ meeting later today, with any decision taken having an outsized...

Latest News

Dubai’s Global Village announces extension of Season 29

Sad to see one of your favourite destinations wrapping up for the summer? The good news is that Dubai's...

UAE starts easing penalties for companies late to register taxes

Dubai: The UAE’s Federal Tax Authority (FTA) announced that it has started applying a UAE Cabinet Decision to waive fines for some businesses that...

Hajj 2025: When will Umrah resume? Season calendar announced

As preparations for Hajj 2025 intensify in the kingdom of Saudi Arabia, many Muslims who did not get the chance to perform the holy...

UAE airlines extend suspension of flights to Pakistan as tensions with India escalate

As tensions continue to escalate between India and Pakistan, a number of UAE airlines have extended suspension of flights to Pakistani soil. The two neighbours...

Free Wi-Fi launched on Ras Al Khaimah public buses

Ras Al Khaimah: Ras Al Khaimah Transport Authority has rolled out free high-speed WiFi on all its public buses—both within the emirate and on...