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Tuesday, March 31, 2020
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Whats happening in the world of business and the world economy from the perceptive of Dubai residents

Fed's surprise announcement signaled its rising concern that the viral outbreak will depress economic growth The US Federal Reserve took massive emergency action Sunday to try to help the economy withstand the coronavirus by...
The stimulus package will give a significant boost to the UAE banking sector. The UAE Central Bank's Dh100-billion stimulus package will provide additional liquidity to banks as well as boost property demand through first...
The move was in response to a mandate from the UAE Department of Economic Development Entertainment destinations at The Dubai Mall have been temporarily closed, it was announced on Sunday. The move was in response to a mandate...
A Ministry survey conducted in 2014 showed that one employment is generated from every six tourists. The Nepal government's decision to temporarily stop issuing on-arrival tourist visas and cancelling all spring mountaineering expeditions, including...
Precautionary measure implemented to prevent the spread of any infection. A number of public parks as well as night clubs in the emirates of Sharjah and Abu Dhabi respectively have been closed temporarily to...
The closures were one of two primary reasons Apple cited for pulling its revenue forecast for the March quarter. China is Apple’s third biggest market. Apple Inc. has reopened all 42 of its stores...
Traders expect the central bank to step in to prevent further sharp falls in the currency. The Indian rupee dropped to a record low on Friday, weighed down by worries over the coronavirus pandemic...
The research will apply the nudge theory to government work in a way that positively influences the behaviour of individuals. A year-long scientific research will be carried out in Abu Dhabi to study and...
Oil prices also bounced back on Tuesday morning after crashing 31 per cent on the previous day. The UAE and GCC stock markets bounced back on Tuesday morning after massive selloff witnessed over the...
DUBAI: The eyes of the world will be on the oil markets when the big trading hubs in Europe and North America open following the end of the deal between Saudi Arabia and Russia that has helped to...
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