Gulf economies seen rebounding this year but some forecasts scaled back

Dubai: The economies of the six-member Gulf Cooperation Council are expected to return to growth this year, a quarterly Reuters survey showed on Thursday, but half are seen expanding less than previously forecast. Economists in the April 8-20 poll forecast a marked improvement in economic fortunes across the oil-rich region after it was hammered by […]

Gulf News paywall: Maximum engagement, nominal price

Dubai: Gulf News has launched its digital subscription and taken a new step that further challenges digital frontiers and created a landmark moment in the publishing house’s history. As always, the media organisation has innovated and led the way. Today, too, with this bold new step, it has set a new course. Meher Murshed, Executive […]

Dubai’s DP World sees strong first quarter 2021 container volumes, led by India and Australia

Dubai: DP World on Thursday said it handled 18.9 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2021. Gross container volumes increased by 10.2 per cent year-on-year on a reported basis and up 9.6 per cent on a like-for-like basis. “This performance is ahead of expectations […]