Category: Business

Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet that demand will grow if the US Federal Reserve lowers borrowing costs this week, as is widely expected.

Brent crude futures gained 95 cents, or 1.3%, to se…

DUBAI: Ryan McPherson, Regional Director, Middle East and Africa at the Energy Industries Council (EIC), hailed the UAE’s rapid progress in clean energy.

He highlighted the nation’s bold, all-encompassing strategy that harnesses solar, wind, green hy…

SHARJAH: The Sharjah Investment Forum (SIF) 2024 on Wednesday explored the challenges and opportunities nations face in creating technologically advanced economies, providing actionable insights to adapt to the rapidly changing global landscape. The p…

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…

DUBAI: Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has hosted an ‘In Focus’ event to highlight the expansion opportunities available to Dubai-based businesses in Tanzania and Uganda.

The sess…

Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet that demand will grow if the US Federal Reserve lowers borrowing costs this week, as is widely expected.

Brent crude futures gained 95 cents, or 1.3%, to se…

SHARJAH: H.H. Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah, in the presence of Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq), inaugurated the seventh edition …

The dollar wavered on Wednesday, while the yen regained some lost ground as investors made lastminute tweaks to positions ahead of the Federal Reserve’s policy meeting expected to initiate a US easing cycle.

The US Federal Reserve is expected to make…