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Indian rupee against UAE Dhiram

Economy Harry Hackel -
Indian rupee goes against UAE Dhiram, which also hits the global equity markets The Indian rupee appreciated six paise to 74.68 against the US dollar...

Asia’s richest person is Gautam Adani as he overtakes Mukesh Ambani

Economy Harry Hackel -
Gautam Adani, with a net worth of $88.5 billion, has been named Asia’s richest person, overtaking even Mukesh Ambani ($87.9 billion). With a hefty...

Shuaa files application to launch Spac IPO on Nasdaq

Economy Harry Hackel -
Dubai-based investment bank is looking to raise up to $200m through the listing of first of its three planned Spacs Dubai-based investment bank Shuaa Capital has filed...

Turkey, UAE sign FX swap deal worth $5 billion

Economy Harry Hackel -
Turkey and the United Arab Emirates signed a three-year currency swap deal worth $4.9 billion, their central banks said on Wednesday. The deal is aimed at strengthening...

Dubai business licence issuances see major boost in 2021

Economy Harry Hackel -
The emirate, which is the financial hub of the UAE, issued 72,152 new business licences compared to 2020 when 42,729 licenses were issued
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