Friday, June 27, 2025

Finance

In Hong Kong, eating out becomes politicised

An app informs users whether an outlet is rated yellow or blue, based on affiliations Hong Kong (Bloomberg): In deciding where to dine out in Hong Kong these days, many local residents are turning to a Yelp-like mobile app: Not...

Lebanon’s pound gets a respite for now

It is vital for new government’s chances to ensure level stays around 2,000 to dollar Beirut: The sharp slide of the Lebanese pound seems to have been arrested for now after a grouping of currency exchange houses set it at...

Delta fined $50,000 for discriminating against Muslim passengers

Department of Transportation said it found Delta "engaged in discriminatory conduct" Washington: Delta Air Lines was Friday fined $50,000 (Dh183,650) by the US Department of Transportation to settle allegations it discriminated against three Muslim passengers who were ordered off their planes. In...

After Months of Calm, Volatility Finally Resurfaces in Stocks

The S&P 500 fell almost 1 percent, its biggest drop in nearly four months On a day rife with reasons for optimism, stock investors absorbed their sharpest blow since October as creeping nervousness around a virus outbreak finally provoked some...

Accounting for each dime does pay off

Airline passengers have been big winners of US disclosure regulations, study finds New York: Have you ever shopped online for something (say, a hotel room) and selected an option with an excellent price only to learn, at the time of...

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...

Latest News

Saudi Airlines launches flights to El Alamein and Salalah

Saudia has announced the launch of its flights to El Alamein, Egypt, departing from King Abdulaziz International Airport in...

Flydubai Resumes flights to Syria tomorrow

Flydubai is resuming more flights across its network and gradually resuming its full schedule. Resume Flydubai Flights to the Syrian capital will commence on June...

Today Gold Rate in Dubai (UAE) in Dirham, 26th June 2025

Today Gold Rate in Dubai (UAE) Today Per tola is AED 4,674.27 while 24k Per 10 Gram gold price is AED 4,007.50. Usually people...

Today Gold Rate in Saudi Arabia – 26th June 2025

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 4,817.15 while 24k Per 10 Gram gold price is SAR 4,130.00 Usually...

Today Gold Rate in Qatar – 26th June 2025

Today Gold Rate in Qatar Today Per tola is QAR 4,683.02 while 24k Per 10 Gram gold price is QAR 4,015.00. Usually people opt...