Nearly half of UAE’s first phase of flexible package to support economic recovery completed

Abu Dhabi: Economic Recovery Committee of the UAE on Saturday announced completion of 46 per cent of first phase of flexible package to support economic recovery. The committee responsible for the coordination and follow up of the implementation of the economic recovery plan held its second meeting on Saturday, under the chairmanship of Abdulla Bin […]

Ambanis ‘delighted’ as Akash, Shloka Ambani welcome baby boy

Mumbai (Maharashtra) [India], December 10 : Telecom-to-energy conglomerate Reliance Industries Limited’s Chairman Mukesh Ambani’s son Akash Ambani and daughter-in-law Shloka Ambani welcomed a baby boy on Thursday here, a spokesperson from the family said. First glimpse of the baby boy with his grandpa Image Credit: Insta/shloka_akash_ambani “With the grace and blessings of Lord Krishna, Shloka […]

What is the status of GCC economy. How soon can we expect a full recovery?

Dubai: GCC economies are expected to make modest economic recovery over 2021-2023, according to credit rating agency Standard & Poor’s. S&P forecasts a real GDP growth of 2.5 per cent for the GCC over 2021-23 after a contraction of about 6 per cent in 2020. “This year’s contraction is split relatively evenly between the hydrocarbon […]