Economy

EPFO auto settlement limit to be increased to Rs 5 lakh: Check key details before advance withdrawal

the financial -
The Employees' Provident Fund Organisation (EPFO) is expected to increase the auto-settlement of advance claims (ASAC) limit by fivefold, from Rs 1 lakh to...
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Income tax cuts, RBI’s repo rate reduction and more: Here’s how April will impact your wallets

the financial -
With a host of financial changes set to take effect in April here's a quick guide to the developments that are bound to affect...
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Saudi Arabia sees record $41bn in inbound tourism spending as Vision 2030 projects come to life

the financial -
RIYADH: Inbound tourism spending in Saudi Arabia surged to a record SR153.61 billion ($40.95 billion) in 2024, marking a 13.82 percent annual increase, according...
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Economy

Bond yields seen little changed ahead of debt supply

the financial -
‘The 10-year yield is likely to move between 6.77 per cent and 6.80 per cent till the debt auction compared with its previous close...
Economy

Focus likely to shift to more disciplined growth, sustainable business models for start-ups

the financial -
The year 2024 emerged as a defining period for start-up exits, with significant momentum across IPOs, strategic acquisitions and secondary market transactions India’s start-up funding...
Economy

Gold, silver rate today on December 24 in Mumbai, Delhi, Chennai, Kolkata: Here are latest prices in other cities

the financial -
Gold prices have fallen 0.9% compared to a week back while Silver prices fell 1.9% during the same time frame. The decrease in prices...
Economy

SAMA cuts benchmark interest rate to 5% in line with US Federal Reserve move 

the financial -
Saudi Arabia’s central bank lowered its benchmark interest rate to 5 percent, its third cut this year, aligning with the US Federal Reserve’s decision...
Economy

UAE jobs: Up to Dh34,000 monthly salary offered by Emirates as demand for pilots grows

the financial -
Demand for pilots is increasing in the UAE, the region, and globally due to expansion in the aviation and tourism sectors. “There is a definite...
Economy

Saudi Central Bank Decision on Repo and Reverse Repo Rates

the financial -
The Saudi Central Bank (SAMA)decided to reduce the Repurchase Agreement (Repo) rate by 25 basis points to 5.00 percent and the Reverse Repurchase Agreement...
Economy

UAE economy expected to stay resilient next year

the financial -
Resilience is likely to be the predominant headline for UAE’s economic outlook in 2025, after the country managed to maintain its economic and financial...
Economy

Saudi Arabia’s economy to expand by 3.7% in 2025: Mastercard Economics Institute

the financial -
Kingdom’s robust growth in the non-oil sector signifies the nation’s steadily progressing economic diversification journey Tourism sector is expected to remain a bright spot for...
Economy

Abu Dhabi’s Space42 signs Dh18.7 billion deal with UAE govt to provide services until 2043

the financial -
Space42, the UAE-based AI-powered space technology company, on Tuesday said it signed a Dh18.7 billion ($5.1 billion) contract with the UAE Government to provide...
Economy

UAE looks to boost $13.7bn trade with Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan bloc

the financial -
UAE and the Eurasian Economic Union conclude negotiations on economic partnership between Gulf nation and Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan The UAE is looking...
Economy

UAE, Saudi Arabia forecasted for strong credit growth in 2025: Report

the financial -
The increase will be supported by continued expansion in the non-oil sector Saudi Arabia and the UAE are expected to post strong credit growth next year...
Economy

UAE and China trade to pass $100bn this year

the financial -
UAE hosts Invest in China roadshow as two countries look to boost $100bn trade relations Trade between the UAE and China will pass $100bn this year and...
Economy

DIFC consolidates position as UAE’s top destination for Chinese financial institutions and multinational companies

the financial -
Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, has strengthened its position...
Economy

UAE net wealth hit $2.9tn last year

the financial -
The UAE is well-established as a hub for the super-rich and the introduction of generative AI could create further wealth boomThe UAE’s net wealth...
Economy

Gold climbs as dollar eases, investors eye key inflation data

the financial -
Gold prices rebounded on Wednesday from a more than one-week low hit in the last session, supported by a softer dollar, even as easing...
Economy

Indian rupee rises against UAE dirham, highest since two weeks

the financial -
The Indian rupee rose its strongest level on in over two weeks on Monday, boosted by gains in regional peers and likely dollar inflows...
Economy

Saudi economic growth to accelerate to 4.7% in 2025: Moody’s

the financial -
RIYADH: Saudi Arabia’s economy is set to grow by 1.7 percent this year, before accelerating to 4.7 percent in 2025 and 2026, driven by...
Economy

Saudi Arabia’s non-oil economy to grow 4.4% in 2025: PwC

the financial -
Kingdom’s non-oil economy expanded by 3.8% in first half of 2024 Saudi Arabia is aligning its economic diversification efforts with sustainability goals RIYADH: Saudi Arabia’s non-oil...
Economy

UAE: Etihad records Dh1.4-billion net profit in 9 months of 2024

the financial -
Etihad Airways recorded a Dh 1.4 billion profit after tax during a nine-month period this year, the airline said as it announced its financial...
Economy

Closing Bell: Saudi Arabia’s TASI closes in red, down 0.97%

the financial -
MSCI Tadawul 30 Index declined 15.60 points to close at 1,500.54 points Parallel market Nomu closed the day at 29,205.53 points, reflecting an increase of 95.12 points RIYADH: The...

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Banking

EPFO auto settlement limit to be increased to Rs 5 lakh: Check key details before advance withdrawal

0
The Employees' Provident Fund Organisation (EPFO) is expected to...
Banking

Income tax cuts, RBI’s repo rate reduction and more: Here’s how April will impact your wallets

0
With a host of financial changes set to take...
Business

Saudi Arabia sees record $41bn in inbound tourism spending as Vision 2030 projects come to life

0
RIYADH: Inbound tourism spending in Saudi Arabia surged to...
Business

Bengaluru’s civic body should get its basics right before vanity projects: Experts

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While large parts of the city still lack basic...
Crypto

Nestle, Hindustan Unilever shares decline up to 2% after BofA downgrades FMCG stocks

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Nestle India and Hindustan Unilever shares fell after BofA...
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