OPEC Fund pledges USD 50 Mn for African Trade
The OPEC Fund for International Development, OFID, has signed a US$50 million unfunded risk-sharing agreement with the eastern and southern African Trade
Rs 17,705 cr loans sanctioned to MSMEs by PSBs
As a part of the Aatmanirbhar Bharat economic package, Public sector banks (PSB) have so far sanctioned Rs 17,705.64 crore worth of
Contaminated food causes lakhs of deaths annually: UN
On Sunday, World Food Safety Day, two UN specialised agencies highlighted that eating contaminated food has caused an estimated 600 million people
UAE lauds OPEC+ decision to extend production cut
Organisation of Petroleum Exporting Countries and Russia, the OPEC+ alliance, agreed to extend production cut to the end of July, during a
Urban Indians optimistic of getting back jobs post lockdown: Survey
The COVID-19 pandemic and a lockdown to contain its spread have left crores of Indians unemployed. A new survey by Ipsos finds
Mumbai toddles back to life
India’s commercial capital and other parts of Maharashtra have started to show signs of active life after nearly 80 days of lockdown.
IMF asks Pak to freeze Govt staff salaries
As public debt rise and economic condition worsens, The International Monetary Fund (IMF) has urged Pakistan to freeze salaries of government employees.
Imports go down for Abu Dhabi
The Import Unit Value Index of Abu Dhabi decreased by 24.7 percent from 138.5 percent in the first quarter of 2019 to
Mubadala invests Rs 9,093 crores in Jio Platforms
Abu Dhabi-based sovereign investor, Mubadala Investment Company (Mubadala) will invest Rs 9,093.60 crore in Jio Platforms, Reliance Industries Ltd announced on Friday.
Sharjah Airport Authority welcomes decision to reopen
Calling it a step in the right direction, Sharjah Airport Authority, SAA, has welcomed the decision of government agencies to open airports