Business

Beijing, Aug 6 : China has tightened controls on trading in its yuan to discourage speculators after a decline against the dollar amid a tariff dispute with Washington fueled fears of a damaging outflow of capital from the world’s second-largest economy. Traders must post a 20 percent deposit starting Monday for contracts to buy or sell yuan on a future ...

Photo: Ambassador of Afghanistan to Bangladesh Abdul Qayoom Malikzad with State Minister for Foreign Affairs M Shahriar Alam. Dhaka, July 25 : Afghanistan has shown interest in importing quality products from Bangladesh including pharmaceuticals, readymade garments and other consumer goods. Newly appointed Ambassador of Afghanistan to Bangladesh Abdul Qayoom Malikzad met State Minister for Foreign Affairs M Shahriar Alam at ...

India’s low-cost carrier IndiGo begins journey in Bangladesh Aug 1 Photo: Minister and Indian envoy with IndiGo officials at Pan Pacific Sonargaon Hotel on Wednesday. Dhaka, July 25 : Indian High Commissioner in Dhaka Harsh Vardhan Shringla has said the increasing interest of their airlines on routes between Bangladesh and India is in tandem with the progress made by trade, ...

In a heart-warming gesture Asda teamed up with Birmingham Central Mosque in serving Iftari to the community and the needy In an endeavour to join the community during the holy month of Ramadan, Asda joined Birmingham Central Mosque as they opened their kitchen to the needy and homeless on the 24th of June. Volunteers from Asda and Birmingham Central Mosque ...

It is well known that Ramadan is an auspicious month where Muslims come together with the aim of reinforcing the pillars of Islam:  spiritual development, peace, generosity and charity. Keeping this very spirit in mind, Asda joined hands with Wembley Central Mosque to prepare food for the community and break the fast with them. Community members from across London joined ...

Eid is just around the corner and at Asda we know you are busy balancing the last few days of Ramadan and preparing for Eid to make it a memorable day for your family. From making the perfect Sheer Korma to marinating the meat for that delectable biryani, you must be running around putting in all the effort that goes ...

With an aim to bring excitement and luck to their  transacting customers this festival season, UAE Exchange, the leading global remittance, foreign exchange and payment solutions brand, today unveiled its new promotion ‘Win Gold Bars’ across its branches in London, United Kingdom. The promotion will witness a total of 19 winners, with one winner each week winning a 10 gm ...

8 June, 2016 The World Bank in its report released on Tuesday, downgraded its 2016 global growth forecast to 2.4% from the 2.9% pace projected in January. It claimed that the world economy is facing sluggish growth, stubbornly low commodity prices, weak global trade, and diminishing capital flows.   As per the report, India’s robust economic expansion is expected to ...

8 June, 2016 Saudi Arabia has unveiled the first concrete targets in its ambitious effort to move its crude-dependent economy away from oil. In a press conference in the early hours of Tuesday in Jeddah, officials revealed sweeping plans to create some 450,000 non-government jobs by 2020, boost non-oil revenues and cut the cost of public wages. The National Transformation ...

Dignitaries from across all sectors came together on 26th May to attend the launch which took place in the House of Commons. The event outlined Muslim Aid’s plans for this Ramadan and gave feedback from last year’s campaign. The evening began with a recitation by Imam Ahmed Dahdouh, Imam of Al Manaar Muslim Cultural and Heritage Centre in West London. ...