AGR: Vodafone Idea at crossroads June 12, 2020 BUSINESS·Finance·INDIA·INDIAN NEWS Vodafone Idea on Thursday told the Supreme Court that the total demand of adjusted gross revenue (AGR) dues it faces is Rs Read More
FATF conditions met, claims Pak Minister June 11, 2020 ASIA NEWS·Finance·PAKISTAN·Pakistan News A Pakistan Minister has said that the country has met most of the conditions set by the Financial Action Task Force (FATF), Read More
Apple’s market cap at USD 1.5 trillion June 11, 2020 -Top News·BUSINESS·Finance·TECHNOLOGY Apple has become the first US company to touch $1.5 trillion market cap according to investors and analysts. Strong App Store sales, Read More
US Fed rates will remain near zero till 2022 June 11, 2020 -Top News·BUSINESS·Finance·US The US Federal Reserve projected the interest rates to remain at the current level through at least 2022. It also kept its Read More
DIB closes USD 1 bn Sukuk June 10, 2020 -Top News·BUSINESS·Finance·UAE NEWS Dubai Islamic Bank, DIB, has successfully closed a US$1 billion long five-year Sukuk with a profit rate of 2.95 percent per annum, Read More
Ras Al Khaimah retains A rating by Fitch June 9, 2020 -Top News·Finance·Ras Al Khaimah·UAE NEWS Ras Al Khaimah, RAK, has got its ‘A’ rating affirmed by global agency Fitch Ratings, with a Stable Outlook. The emirate has Read More
France puts forth USD 17bn fund for aerospace industry June 9, 2020 -Top News·BUSINESS·Finance·WORLD NEWS France launched rescue plan for its aerospace industry on Tuesday, warning 100,000 jobs were directly at stake due to the coronavirus crisis Read More
Poor and most vulnerable hardest hit by economic crisis: World Bank June 9, 2020 -Top News·BUSINESS·Finance·WORLD NEWS Amid the COVID-19 pandemic, the global economy is on track to shrink by 5.2 per cent this year. It will be the Read More
Emergency credit is for all firms, not just MSMEs: NIRMALA SITHARAMAN June 8, 2020 -Top News·BUSINESS·Finance·INDIAN NEWS Covid Emergency Credit Facility announced as part of the Aatma Nirbhar Bharat Package is aimed at all companies and not just MSMEs, Read More
Shams, Mashreq Bank join to support SMEs in Sharjah June 8, 2020 -Top News·BUSINESS·Finance·UAE NEWS Sharjah Media City, known as Shams, and one of the leading financial institutions in the UAE, Mashreq Bank have announced a strategic Read More