The jump in retail sales during 'Eid in Dubai' comes at a time when malls and souqs across Dubai have launched special offers and promotions.
The jump in retail sales during 'Eid in Dubai' comes at a time when malls and souqs across Dubai have launched special offers and promotions.
The decree to re-open the banks came hours after new ministers were sworn in following a cabinet reshuffle in which Tsipras replaced dissident members of his ruling Syriza party
The twin developments capped a week in which the proposed bailout agreed by the 19 eurozone leaders on Monday has cleared a string of hurdles.
Tsipras wins backing of Greek parliament for a tougher bailout programme.
The financing of budget deficit indicates that the government did not resort to inflationary borrowing from SBP; instead, it retired a huge sum of Rs674.4 billion (on cash basis) during Jul-Mar FY15.
Garbis Iradian, chief economist at the Institute of International Finance, or IIF, is of the view that within the Middle East region, Lebanon and the UAE would benefit from the economic rebound in Iran.
Greek PM Tsipras faces revolt over bailout plan
Greece pushed a harsh austerity package through parliament, triggering a revolt in the governing party and violent demonstrations in central Athens.
It was the first time the jobless rate had risen since early 2013, shortly before Britain's economy started to recover from the effects of the financial crisis.
Accord to revitalise two-way trade; export, re-export activity to benefit most