by Vasu Jit Kalia | August 7, 2024 | Economy
Dubai International (DXB) has raised the bar on its contribution to Dubai’s economy by welcoming a record 44.9 million guests during the first six months of this year, marking an 8% year-on-year increase in guests. DXB has established its position as a globally...
by Jibran Munaf | August 6, 2024 | Economy, News, Trending Now
India and Bangladesh’s bilateral trade, which reached $13 billion in the financial year 2023-24, is facing potential disruptions due to the ongoing political crisis in Bangladesh as Sheikh Hasina resigns amid the nationwide protests. The crisis threatens to...
by Jibran Munaf | August 6, 2024 | Breaking, Economy, Markets
Emaar, Emirates NBD, and DIB saw massive drops alongside shares in ADX and Tadawul as global markets are affected by investor sentiments with Wall Street’s ‘fear index’ reaching its highest level in four years. The Dubai Financial Market (DFM), Abu Dhabi Securities...
by Jibran Munaf | August 5, 2024 | Economy, News, Stocks & Bonds, Trending Now
Japan’s benchmark Nikkei Stock Average recorded its worst-ever daily sell-off on Monday, losing 4,451.28 points from the previous day’s closing amid panic selling triggered by fears of a possible U.S. recession and the yen’s strength. The average in...
by Vasu Jit Kalia | August 1, 2024 | Economy
DUBAI, 31st July, 2024 (WAM) — Dubai Aerospace Enterprise (DAE) today reported its financial results for the first half of 2024, logging a year-on-year (YoY) revenue increase to US$679.2 million. Meanwhile, DAE’s profit before tax rose 22.7 percent YoY to...
by Vasu Jit Kalia | July 31, 2024 | Economy
New Delhi, July 31 (IANS) Leading carmaker Maruti Suzuki India Limited on Wednesday reported a 46.9 per cent jump in net profit to Rs 3,649.9 crore for the April-June quarter of the current financial year from Rs 2,485.1 crore in the same quarter of 2023-24....