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Indian stocks surge

Bloomberg Indian stocks began the week on the front foot after early indicators of economic growth pointed to a recovery and the progress of the rainy season fuelled expectations of healthy demand in nation’s rural areas. The S&P BSE Sensex climbed 1% to 36,388.5 as of 9:58 am in Mumbai, set for the highest level since March 6. The NSE ...

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President approves new structure of UAE government

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan approved the new structure of the UAE Government. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, after consultations with His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander ...

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Global economy unlikely to fully recover in 2021

Bloomberg The world economy is entering the second half of 2020 still deeply weighed down by the coronavirus pandemic with a full recovery now ruled-out for this year and even a 2021 comeback dependent on a lot going right. It’s a scenario few if any predicted at the start of the year when most economists were banking on another year ...

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