BERLIN: The coronavirus pandemic has tipped Germany into recession, official data showed on Friday, with Europe’s top economy suffering its steepest quarterly contraction in more than a decade as lockdown measures began to bite. The German economy shrank by 2.2 per cent in the first three months of 2020, federal statistics agency Destatis said, calling […]
The Dubai Government urges media outlets to verify the accuracy of information before publishing such stories.
Europe’s first instrument to help economies weather the impact of the pandemic – a 240 billion-euro ($260 billion) credit line – is now operational. But whether anyone will use it remains unknown. Over a virtual meeting Friday, euro-area finance ministers gave their final OK to the program, which will be run by the European Stability […]
Prime Minister Andrew Holness today broke ground for the Garmex Freezone Redevelopment Project at the GFZ and Commercial Complex on Marcus …
These days each and traders are embracing the administrations which are alright for them and can be effectively received. With the …
Creative Zone, one of the largest companies in the UAE, is expanding into Saudi Arabia the company has announced. The company …
Creative Zone, one of the largest companies in the UAE announced today their expansion into the Saudi Arabian market. Having …
Dubai: The UAE’s upcoming recovery plans for the economy will include “revisiting existing strategies”, according to a senior official with UAE Ministry of Economy. “A new committee headed the UAE Minister of Economy is charting out short, mid and long-term recovery plans,” said Abdulla Al Saleh, Under Secretary of the Foreign Trade and Industry. “The […]
The UAE’s biggest food distribution drive draws massive donations to support Covid-19-hit communities in Ramadan.
Dubai: UAE companies, publicly listed and private, are combating a spike in malicious campaigns being unleashed on social media, which in some cases have hurt shareholder confidence or directly hurt performance. Also recording a sharp increase have been targeted cyberattacks on some leading privately owned businesses, including two developers. (No official confirmation has been provided […]