Eurozone growth soars record 12.7% but fears grow for winter

Frankfurt: The European economy grew by an unexpectedly large 12.7% in the third quarter as companies reopened after severe coronavirus lockdowns, but the rebound is being overshadowed by worries that growing numbers of infections will cause a new downturn in the final months of the year. The upturn in the July-September quarter, and the worries […]

UAE budget 2021: Cabinet approves Dh58 billion budget

Abu Dhabi: The UAE Cabinet on Sunday approved the federal budget 2021 with an estimated spending of Dh58 billion. The federal budget was approved during the today’s meeting held under the chairmanship of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. “Our national and vital projects will […]