Apple’s market cap at USD 1.5 trillion
Apple has become the first US company to touch $1.5 trillion market cap according to investors and analysts. Strong App Store sales,
Boeing expects aviation sector to recover
The aviation industry is facing an unprecedented shock from the COVID-19 pandemic, the speed and scale of which have not been seen
US Fed rates will remain near zero till 2022
The US Federal Reserve projected the interest rates to remain at the current level through at least 2022. It also kept its
Turkish Airlines resume International flights
Turkey’s national carrier, Turkish Airlines has announced the resumption of some of its international flights from Thursday. Its operations were suspended due
Tesla shares cross USD 1,000 mark for the first time
After Tesla CEO Elon Musk said it was time to begin ‘volume production’ of its new commercial Semi truck, the electric car
UAE Central Bank expects recovery from second half of 2020
The Central Bank of the UAE, CBUAE, has projected the recovery of economic activity to commence in the second half of the
Tata Asset Management opens regional Office at DIFC
Tata Asset Management Limited, TAML, has opened its regional Office at the Dubai International Financial Centre, DIFC. The company calls this a
DIB closes USD 1 bn Sukuk
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,
Egypt makes nomination for WTO chief selection
Egypt nominated Abdel-Hamid Mamdouh, a veteran trade negotiator, for the post of World Trade Organization (WTO) Director-General, said a WTO press release.
Google Cloud, Deloitte extend their alliance to india
With most of the firms in India choosing to work remotely, cloud computing has become very important. In this scenario Deloitte and