Dubai 22K gold price touches Dh200 a gram for first time in nine years
Gold soars as global investors fret about getting mired in a downturn Dubai: The official gold rate in Dubai has touched Dh200 a gram for...
Author : Editor - CL
Japan braces for worst postwar slump as pandemic tips economy into recession
Japan’s economy slipped into recession for the first time in 4-1/2 years in the last quarter, putting the nation on course for its deepest postwar...
Coronavirus impact: Thai Airways to file for bankruptcy
The airline has been reporting losses since 2017. Thai Airways said on Monday that it would file for bankruptcy after suffering severe economic setbacks in...
Eid Al Fitr in the UAE to fall either on Saturday or on Sunday depending on the moonsighting
The moonsighting committee to meet on May 22 to look for the crescent moon to declare Eid Dubai: Eid Al Fitr in the UAE will...
Are flight prices set to rise after the pandemic?
As the world begins to emerge from self-imposed hibernation, air travel could pick up sooner rather than later, but price hikes look likely As travel...
Divorce rates in Dubai drop by 35% in 4 years
The divorce rate for every 1,000 Emiratis has dropped from 3.76 in 2016 to 2.44 in 2019 Divorce rates have fallen in the last four...
Coronavirus tolls fall in hardest-hit Europe; US faces severe economic downturn
The number of confirmed coronavirus cases worldwide surpassed 3.5 million on Monday, with three quarters of them in Europe and the United States, an AFP...
UAE’s online portals offer big discounts for Eid sales
Discounts of 20-40% and even more are on offer, which regular stores cannot match Dubai: UAE’s online shopping portals can look to land a decisive...
Is your business prepared for a change in the VAT rate?
This is an ideal opportunity to review your existing VAT framework and update or amend it where required. The recent announcement by the Kingdom of...
Oil rises above $30 for first time in two months
There’s still a risk, however, that oil’s recovery could be derailed if pandemic worsens Oil rose above $30 (Dh110) a barrel for the first time...