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…

The Ministry of Energy and Infrastructure (MoEI) has launched Data Bridge, a project that creates a digital connection with all entities involved in the Ministry’s services.

Through the project, MoEI can offer proactive services, request data only o…

BRUSSELS: Belgium has requested an extension from the European Commission for submitting its budget plans as part of the European Union’s excessive deficit procedure, as the country awaits an agreement to form a new federal government.

As part of the…

Abu dhabi: Masdar City today published its 2023 Environmental, Social, and Governance (ESG) report, showcasing significant achievements in sustainable real estate, energy and water conservation, and waste management, emphasising the company’s commitme…

ABU DHABI: NMDC Energy PJSC, a provider of engineering, procurement and construction services for offshore and onshore energy clients, and a majority-owned subsidiary of NMDC Group PJSC, today began trading on the Abu Dhabi Securities Exchange (ADX) f…

HONG KONG: The Ninth Belt and Road Summit, which opened today and runs for two days, has attracted around 6,000 political and business leaders from Belt and Road countries and regions, including government officials from approximately 10 countries, pr…

Ramallah Ma’an – Following the announcement of the deal to invest in Bank of Palestine shares with the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD), Bank of Palestine signed an agreement to su…

Beijing: China’s central bank conducted 210 billion yuan (about US$29.5 billion) of seven-day reverse repos at an interest rate of 1.7 percent Wednesday.

Xinhua News Agency quoted the People’s Bank of China as saying that the move aims to keep liquid…