Money

Combating Covid-19: Under what conditions can employers reduce salary in UAE

Q- I wish to resign from my current employment and intend to explore other job opportunities. I have been made aware of a new...

COVID-19: Pakistan receives $200m from World Bank

Money will be used for social protection measures, food for poor and education supplies Islamabad: The World Bank has given Pakistan $200 million...

Central Bank takes over UAE Exchange operations.

The regulator said it will take additional action, if necessary. The UAE Central Bank said it had taken over the embattled UAE Exchange to oversee...

Covid-19: UAE’s largest bank says cash deposits only through ATMs.

The UAE's largest lender said its customers can access these services through its mobile or website. First Abu Dhabi Bank has suspended a number of...

Coronavirus: US Fed cuts interest rates to near zero, coordinates with other central banks to combat Covid-19.

Fed's surprise announcement signaled its rising concern that the viral outbreak will depress economic growth The US Federal Reserve took massive emergency action Sunday to...

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