SME News Dubai International Airport welcomed 7.96mn passengers in January... Last week two events took center stage: 1) the first congressional testimony by the new US Fed Chairman Powell and b) the opening salvo of a trade war by President Trump.
SME News Careem acquires RoundMenu to move into food delivery space... The US Fed is upbeat on the economic outlook and the monetary policy normalisation is likely to be more aggressive than markets anticipate.
SME News Crisis, what crisis?... Last week's extreme market turbulence was swiftly followed by global stocks resuming their upward march and volatility reverting to their historical norms.
SME News If it Feels like a Correction, then it is a Correction... So what happened last week? After a sustained period of unusually high returns and low volatility, the US Stock market had a significant adjustment brought about by fears on rising interest rates and inflation.
SME News The Dow Jones Sinks in Huge Market Rout... The Dow Jones Industrial Average index sank by a record 1,175 points, erasing ALL 2018 gains as US equities fell at their most dramatic rate in over 6 years.
SME News Markets respond to US Government Shutdown... Equity investors almost totally ignored the US government shutdown - with the S&P500 closing last week at yet another all-time high, its 10th record closing high of 2018.
SME News Growth continues despite global geopolitical uncertainty... The global equity rally cooled at the beginning of the week despite a rise in energy stocks on the back of higher oil prices.
SME News Dubai’s 2018 budget, discloses a 19.5% increase in state spending… Tax plan optimism propels Wall Street to record highs, while in Asia Japan’s Topix reclaims 26- year high.
SME News Your 60-Second Financial Markets summary - 12 Dec 2017… 2 major events moved the markets last week. The almost surprising agreement reached between the UK and EU regarding the Brexit discussions and the US non-farm payrolls.
SME News Gold closed 1.36% stronger ($1,299/Oz) over last week, on a weaker dollar, geopolitics… The US House of Representatives last week passed its own version of the Republican tax reform bill, which could support US growth of 3%/annum.
SME News UK Pound plummets as May under increasing pressure… The British pound (GBP) dropped 0.6% as pressure mounts on UK Prime Minister Theresa May after a raft of political scandals and scant progress on Brexit talks.
SME News Saudi Arabia purges top officials, senior princes and top billionaires in unprecedented anti-corruption drive… 11 princes, four ministers and dozens of former ministers were arrested on orders of an anti-corruption committee headed by the Crown Prince.
SME News One Million Arab Coders Initiative Launched... The website will provide free training in cooperation with the best international companies.
SME News Your weekly 60 second Markets and Economic summary... Your-weekly-60-second-Markets-and-Economic-summary
SME News Online registration for VAT is now open in the UAE... Online registration for VAT is now open in the UAE...
SME News Dubai: The world’s 1st government entity to conduct transactions through Blockchain... The world’s 1st government entity to conduct transactions through Blockchain...
SME News Excise Tax Imposed in the UAE from 1 Oct... SME Snapshot - Weekly Round-Up Of Global, MENA And SME News In Under 60 Seconds. Published By Business Exchange Bureau.
SME News US and North Korea tensions dominate... SME Snapshot - Weekly Round-Up Of Global, MENA And SME News In Under 60 Seconds. Published By Business Exchange Bureau.
SME News Dubai rises 7 places in the Global Top 25 Financial Centres... SME Snapshot - Weekly Round-Up Of Global, MENA And SME News In Under 60 Seconds. Published By Business Exchange Bureau.
SME News Dollar begins to unwind last week’s losses... SME Snapshot - Weekly Round-Up Of Global, MENA And SME News In Under 60 Seconds. Published By Business Exchange Bureau.
SME News Global growth improving, risk assets stronger… SME Snapshot - Weekly Round-Up Of Global, MENA And SME News In Under 60 Seconds. Published By Business Exchange Bureau.
SME News A worryingly familiar week… SME Snapshot - Weekly Round-Up Of Global, MENA And SME News In Under 60 Seconds. Published By Business Exchange Bureau.
SME News Markets move to diversify as tensions rise… SME Snapshot - Weekly Round-Up Of Global, MENA And SME News In Under 60 Seconds. Published By Business Exchange Bureau.
SME News Lots to reflect on but markets remain steady… SME Snapshot - Weekly Round-Up Of Global, MENA And SME News In Under 60 Seconds. Published By Business Exchange Bureau.