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Gulf Today

Warsaw stocks fall after govt announces tax hike for banks

Poland’s blue-chip stock index fell on Friday, underperforming the region, after the government said that it planned to raise the corporate income tax on banks, while investors also eyed the Jackson Hole meeting of the US Federal Reserve.

1 min  |

August 23, 2025
Gulf Today

Gulf Today

Amazon lobbies Indian government to ease its foreign investment rules

Amazon is lobbying the Indian government to ease its foreign investment rules to allow the US company to buy products directly from Indian sellers to sell in overseas markets, four people with direct knowledge of the matter said.

3 min  |

August 23, 2025
Gulf Today

Gulf Today

UAE Pavilion at Expo 2025 Osaka hosts record three million visitors

The UAE Pavilion at Expo 2025 Osaka, Kansai, has welcomed a record three millionth visitors, marking another key milestone in its journey as one of the most visited and admired national pavilions at the Expo.

3 min  |

August 23, 2025
Gulf Today

Gulf Today

Shah defends bill to oust tainted ministers

Union Minister for Home Amit Shah on Friday defended the proposed Constitution (130th Amendment) Bill that mandates the removal of prime minister, chief ministers and ministers from their respective posts if jailed for more than 30 days for crimes that attract prison terms of five years or above.

1 min  |

August 23, 2025

Gulf Today

Sterling on track for weekly decline

Sterling steadied after dipping to a two-week low against the dollar on Friday as traders pared wagers on a rate cut by the US Federal Reserve next month.

1 min  |

August 23, 2025

Gulf Today

Floods in KP turn wedding celebrations into 24 funerals

Two days before his wedding, Noor Muhammad had a long phone call with his mother, just hours before devastating floods in Pakistan killed her along with 23 family members and relatives.

2 min  |

August 23, 2025

Gulf Today

China reaches out to Afghanistan’s Taliban regime

Chinese Foreign Minister Wan Yi has travelled to India, Pakistan and Afghanistan. It seems that it is his visit to Kabul and his meetings with Afghanistan's acting Prime Minister Hasan Akhund and Foreign Minister Amir Khan Muttaqi that merit attention. Even while he was on the Pakistan leg of the series of visits, Wang mooted that the China-Pakistan Economic Corridor which runs parallel to the Pakistan-Afghanistan border should include Afghanistan as well because of the threat of terrorism from the Islamist groups in the border region.

2 min  |

August 23, 2025

Gulf Today

Canada's retail sales rebound in June

Canada's retail sales rose as expected in June as shoppers bought more food and beverages, official data showed on Friday, indicating a rebound from a slump the month before.

1 min  |

August 23, 2025
Gulf Today

Gulf Today

Japan's core inflation slows in July, stays above BoJ target

Japan's core inflation slowed for a second straight month in July but stayed above the central bank's 2 per cent target, keeping alive market expectations for another interest rate hike in the coming months.

3 min  |

August 23, 2025

Gulf Today

SC relaxes 'too harsh' directions on stray dogs, prohibits feeding

The Supreme Court on Friday relaxed its earlier sweeping directions on stray dog management in the Delhi-NCR region, observing that a complete prohibition on releasing treated and vaccinated dogs appeared “too harsh”.

1 min  |

August 23, 2025

Gulf Today

Sportswear giant Nike eyes China growth

Nike's push into the booming outdoor recreation market - which will kick off on Monday with the launch of a new trail running shoe - will test whether it can turn a little-known sub-brand into a meaningful growth engine.

1 min  |

August 23, 2025

Gulf Today

Retailer launches Dhs50,000 school fee prizes

Carrefour across the UAE has launched its ‘back-to-school’ campaign, offering families a convenient one-stop solution for all their school essentials at exceptional prices, along with exclusive rewards.

1 min  |

August 23, 2025
Gulf Today

Gulf Today

Art, culture and heritage come together at Pakistan Jashn-e-Azadi festival 2025

The spirit of patriotism, art, and cultural pride came alive at the Pakistan Jashn-e-Azadi (Celebration of Freedom) Festival 2025, a two-day commemorative event in honour of Pakistan's Independence Day, held at the Pakistan Association Dubai, Oud Metha (Aug. 16-17).

3 min  |

August 23, 2025
Gulf Today

Gulf Today

Lanka's ex-president held for misuse of funds

Former Sri Lankan president Ranil Wickremesinghe, who led the country during a devastating 2019-2024 economic crisis, was arrested and appeared in court on Friday over allegations he misused state funds while in office, police said.

1 min  |

August 23, 2025

Gulf Today

Philippines slams China's swarm of forces near shoal

The Philippine defence chief condemned China's deployment of a swarm of armed coast guard forces, backed by a helicopter and a drone, closer to the Philippines' military outpost in a fiercely disputed atoll in the South China Sea.

3 min  |

August 23, 2025

Gulf Today

South African rand hits nine-month high; gold rises

The South African rand strengthened on Friday, boosted by a weaker dollar and a rebound in gold prices, after US Federal Reserve Chair Jerome Powell pointed to a possible rate cut at the central bank’s September meeting.

1 min  |

August 23, 2025

Gulf Today

Leeds face Arsenal test, City get Rodri boost ahead of Spurs clash

Leeds United enjoyed a triumphant return to the Premier League with a home victory over Everton at Elland Road this week, but Saturday's trip to north London to face Arsenal could prove a reality check for Daniel Farke's side.

3 min  |

August 23, 2025
Gulf Today

Gulf Today

German economy shrinks by 0.3% in Q2

Germany's economy shrank by 0.3% in the second quarter compared with the first three months of the year, as demand from its top trading partner the United States slowed following months of buying ahead in anticipation of US tariffs.

1 min  |

August 23, 2025
Gulf Today

Gulf Today

Laufey gets candid about her album and working with twin sister

Long before the Icelandic Chinese artist Laufey became recognized the world over for her neoclassical jazz-meets-pop music, she was a student, answering a familiar yearbook prompt: “Where do you see yourself in IO years?\" Her answer: Move to the US, sign a record deal and win a Grammy.

2 min  |

August 23, 2025

Gulf Today

Adnec Group receives new international certificate

Adnec Group, a Modon Holding company, has been awarded and redeemed its first International Renewable Energy Certificates (I-REC), produced by Emirates Water and Electricity Company (EWEC), issued by Abu Dhabi Department of Energy and governed by The International Tracking Standard Foundation, the founders of I-IREC.

1 min  |

August 23, 2025

Gulf Today

Libraries are stewards of knowledge, highlight Sharjah and Kazakhstan

The House of Wisdom (HoW) has taken part in the 89th World Library and Information Congress in Kazakhstan, furthering its mission to promote knowledge exchange and strengthen intercultural dialogue.

2 min  |

August 23, 2025

Gulf Today

'Underdog' Melissa shrugs off Tokyo worlds pressure

Melissa Jefferson-Wooden is the hottest sprint ticket heading into next month's world championships in Tokyo, the US athlete having hit a blistering run of form at just the right time.

1 min  |

August 23, 2025

Gulf Today

FBI raids Bolton's home

FBI agents raided the home on Friday of one of US President Donald Trump's most outspoken critics, his former national security adviser John Bolton.

1 min  |

August 23, 2025

Gulf Today

Al Seer Marine unveils AI transformation strategy

Al Seer Marine, a frontrunner in advanced maritime solutions and a subsidiary of IHC, has announced the roll-out of its comprehensive Al transformation strategy.

1 min  |

August 23, 2025

Gulf Today

Crime and corruption are TMC's identity now: Modi

Indian Prime Minister Narendra Modi on Friday launched a scathing attack against the Trinamool Congress by saying crime and corruption have become the identity of the Mamata Banerjee-led party and asserted that only the BJP can bring asol paribartan (real change) in West Bengal.

2 min  |

August 23, 2025

Gulf Today

Clear to partly cloudy weather till Tuesday, says NCM

The National Centre of Meteorology (NCM) predicts Saturday's weather to be clear to partly cloudy, with occasional clouds in the southern regions.

1 min  |

August 23, 2025

Gulf Today

RAKEZ session empowers leaders with tax guidance

Ras Al Khaimah Economic Zone (RAKEZ) welcomed the members of its business community to a practical and engaging session titled 'Numbers without the nonsense: Tax and accounting essentials for non-financiers'.

1 min  |

August 23, 2025

Gulf Today

Man obligated to pay Dhs20,000 to another

The Al Ain Civil, Commercial and Administrative Cases Court obligated a man to pay Dhs20,000 to another for failing to pay the price of a vehicle that he had bought from him for the same amount though he received the vehicle on the date of the sales contract.

1 min  |

August 23, 2025
Gulf Today

Gulf Today

Canopus Star to indicate decrease in mercury levels

The star Canopus, known as Suhail will not be visible in the skies of the UAE and central Arabian Peninsula before August 24, 2025, but can be observed in the southernmost regions near Umm Al Zumoul on the edges of Al Rub' al Khali desert starting from August 22, 2025, according to Ibrahim Al Jarwan, Chairman of the Emirates Astronomical Society and member of the Arab Federation for Space and Astronomy Sciences.

1 min  |

August 23, 2025
Gulf Today

Gulf Today

Dollar firms as traders pare rate cut bets

SINGAPORE: The US dollar hovered near a two-week high against the euro and sterling on Friday as investors trimmed rate cut wagers ahead of an eagerly anticipated speech from Federal Reserve Chair Jerome Powell at the Jackson Hole symposium.

1 min  |

August 23, 2025