Category: Business

US stocks closed nearly unchanged on Tuesday.

The S and P 500 gained 1.52 points, or 0.04%, to end at 5,634.61 points, while the Nasdaq Composite gained 34.82 points, or 0.20%, to 17,626.95.

The Dow Jones Industrial Average fell 5.19 points, or 0.01…

SHARJAH: The Sharjah Economic Development Department (SEDD) is taking part in the seventh Sharjah Investment Forum (SIF 2024), organised by the Sharjah FDI Office, “Invest in Sharjah.”

The forum, focused on a futuristic vision for smart economies, of…

Japan and the United Arab Emirates (UAE) have decided to launch negotiations for a free trade agreement (FTA), Japanese Foreign Minister Yoko Kamikawa announced Wednesday. In a press conference, minister Kamikawa expressed hope of “concluding an ambi…

In light of its vigilant monitoring of the domestic and international economic developments and the end of the monetary tightening cycle initiated since March 2022 at most of global central banks, the Board of Directors of the Central Bank of Kuwait …

ABU DHABI: H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has inaugurated a new partnership between Mubadala Investment Company (Mubadala) and Aldar Properties (Aldar) to …

The Central Bank of Libya administration assigned by the Presidential Council said that all accounts, including tax fees and reserves, are still as they are in the records and no action has been taken regarding them, considering that these procedures …

DUBAI: The highly anticipated countdown to Dubai Shopping Festival (DSF) has officially begun, Dubai Festivals and Retail Establishment (DFRE) will be bringing together the entire emirate like never before for the greatest, out-of-this-world 30th-anni…

Saudi Arabia’s Central Bank announced Wednesday it slashed the repurchase agreement (repo) rate by 50 basis points to 5.50 percent, and the reverse repo rate by 50 basis points to 5.00 percent.

A statement from the bank said the move comes in line wi…