Category: Business

Ottawa: Canadian Prime Minister Mark Carney has announced his plan to create Canada’s first national sovereign wealth fund, the Canada Strong Fund. The initiative aims to serve as an investment vehicle to finance major projects of national interest in…

Abu dhabi: NMDC Energy today announced its financial results for the first quarter of 2026, stating that it maintained operational continuity across all its projects as a result of integrated efforts, coordination with all relevant stakeholders, and t…

China: China’s wholesale and retail sectors posted steady growth in the first quarter of 2026, providing solid support for building a strong domestic market, the Ministry of Commerce said. From January to March, the added value of China’s wholesale an…

Abu dhabi: Oil prices climbed about 3% to a two-week high on Monday as peace talks between the United States (US) and Iran stalled and shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight.

According to Emirates …

Abu dhabi: US stock indices hit new record highs at the close of trading on Monday, as global oil prices rose.

According to Emirates News Agency, the S and P 500 rose 0.1% to close at a record 7173.9, while the Nasdaq gained 0.2% to reach a fresh hi…

Sharjah: Building on the vision of Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Entrepreneurship Center (Sheraa), Sheraa hosted an Entrepreneurs Resilience Roundtable. The event was designed to support startups and SMEs in sustaini…

Dubai: The Dubai Integrated Economic Zones Authority (DIEZ) announced strong annual results for 2025, reporting a 19.4 percent increase in revenue and a 17.8 percent rise in net profit compared to 2024. These results underscore the resilience of its o…

Dubai: Gold and silver prices retreated on Tuesday as a rallying US dollar dampened demand for bullion, with gold continuing its descent from a multi-day low hit in the previous session. Spot gold fell 0.2% to $4,807.91 per ounce by 02:17 GMT, extendi…