Category: Business

The dollar traded near a four-week high versus the euro on Thursday after signs of some stickiness in US inflation reinforced expectations that the Federal Reserve would avoid a super-sized interest rate cut next week.

The dollar gained against the y…

European shares opened more than 1 percent higher on Thursday, buoyed by strong performances among technology stocks, while investors awaited the European Central Bank’s (ECB) rate decision due later in the day.

The pan-European STOXX 600 index was u…

ABU DHABI: PGIM, the global investment management business of Prudential Financial, Inc., has received Financial Services Permission (FSP) to operate in Abu Dhabi Global Market (ADGM) and has opened a new office in Abu Dhabi, located in the city’s fin…

The 83rd meeting of the Central Bank Governors Committee of the GCC was held on Thursday in the Qatari capital, Doha.

The Governor of the Qatar Central Bank, Sheikh Bandar bin Mohammed, said in his speech that the wise policies and rational directiv…

The dollar traded near a four-week high versus the euro on Thursday after signs of some stickiness in US inflation reinforced expectations that the Federal Reserve would avoid a super-sized interest rate cut next week.

The dollar gained against the y…

Economic and trade cooperation between China and the Association of Southeast Asian Nations (ASEAN) has achieved fruitful results over the past decade, officials with the Chinese Ministry of Commerce said on Wednesday.

Speaking at a press conference…

RAS AL KHAIMAH: Ras Al Khaimah Economic Zone (RAKEZ) has concluded a successful business mission in China, highlighted by its participation in the China International Fair for Investment and Trade (CIFIT).

H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme…

The US Energy Information Administration (EIA) announced today an increase in crude oil, gasoline, and distillate inventories in the US over the past week.

The EIA, which serves as the statistical arm of the US Department of Energy, said in a report …