The decision was a precautionary measure against the spread of the new variant of Covid-19, which had been detected in a number of countries.

Ankara: Turkey will bring in structural reforms to break the “triangle of evil” of interest rates, inflation and exchange rates, President Tayyip Erdogan said on Saturday, adding Ankara was determined to form a system based on production and employment. Erdogan promised a slate of judicial and economic reforms last month, leading to expectations of the […]

Impact of Covid-19 and a likely reduction in the UAE population will hamper the revival

Market disruptor CAFU clocks million fuel fill-ups in just eight months during pandemic

Beijing: Chinese regulators ordered Jack Ma’s online financial titan Ant Group Co. to return to its roots as a provider of payments services, threatening to throttle growth in its most lucrative businesses of consumer loans and wealth management. The central bank summoned Ant executives over the weekend and told them to “rectify” the company’s lending, […]

Abu Dhabi: In his capacity as Ruler of Abu Dhabi, President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has issued a decree to form the Board of Directors of the Supreme Council for Financial and Economic Affairs, under his chairmanship, with His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and […]

Washington:  When the US Congress passed a pandemic aid bill on Monday, Meghan Meyer, a single mom from Lincoln, Nebraska, thought she would get some respite from the daily struggle to feed and house her two kids during an unprecedented health and economic crisis. But the next day President Donald Trump declared the long-awaited relief package […]

It will oversee all matters related to Abu Dhabi’s financial, investment, economic, petroleum and natural resources affairs.

Dh33.6-billion general budget for the fiscal year 2021 is 12% higher than last year’s final budget.

Over 20.3 million tests have been conducted in the country.