Business

Dubai: When the global financial crisis hit, one of the first things that was initially affected was the flow of remittances. Remittance flows to developing countries reached $316 billion (Dh1.1 trillion) in 2009, a six per cent decrease from $336 ...

As the precious metal approaches its tenth consecutive price gain, several factors are set to push it even higher Dubai: For the past nine years, investors have found gold to be, well, as good as gold in terms of annual ...

Asia-Pacific airlines are raising ticket prices as travellers return in their droves after holding back on their travel plans last year because of the global recession. A strong economic rebound, led by China, has resulted in carriers filling more seats ...

The Bombay Stock Exchange benchmark Sensex on Monday jumped by 338 points to close at a 31-month high on heavy buying in metal, refinery and IT stocks backed by a firming global trend. The 30-share index settled 338.62 points higher ...

NEW DELHI – The state-run Oman Oil Company will invest around $3 billion to help revive some of India’s closed fertilizer plants. A decision in this regard was taken yon Sunday in Muscat during the sixth Indo-Oman Joint Commission deliberations. ...

GWANGJU, South Korea – G20 delegates agreed on Saturday global economic recovery would endure although the speed of expansion may slow, a South Korean official said. Kim Jae-chun, deputy governor of South Korea’s central bank who co-chaired the meeting of ...