Category: Business

ABU DHABI: ADNOC announced another important milestone in its ambitious chemicals growth strategy last week with the agreement to acquire a 35 percent equity stake in ExxonMobil’s proposed low-carbon hydrogen and ammonia production facility in Baytown…

Gold prices remained steady on Monday and was trading slightly below the key $2,500 an ounce level, as the market awaited August inflation data for further insights into the anticipated Federal Reserve interest rate cut this month.

Spot gold was nea…

SHARJAH: The Sharjah Real Estate Registration Department has issued its report on real estate trading for August 2024. According to the report, real estate transactions across the emirate amounted to AED2.8 billion, with 3,055 transactions covering se…

Kuwait Bourse closed Monday day trading as the All Share Index gained 2.04 points to reach 7,181.52 points, an increase of 0.03 percent.

As many as 442.1 million shares valued at KWD 85.1 million (roughly USD 278.5 million) were traded via 23,350 tr…

China’s consumer prices continued to rise in August amid a sustained recovery of domestic demand, official data showed Monday.

The consumer price index (CPI), a main gauge of inflation, was up 0.6% year on year last month, quickening from the 0.5% i…

Doha: United Development Company (UDC), the master developer of The Pearl Island and Gewan islands, has announced its receipt of the prestigious International Safety Award 2024 from the British Safety Council. This accolade marks the fourth time UDC h…

DUBAI: The Ports, Customs, and Free Zone Corporation has announced the launch of a specialised vocational programme to serve the logistics sector.

The initiative aims to empower younger people and enable them to benefit from available job opportuniti…

The Saudi Fund for Development (SFFD) signed Monday with the Airport Authority of the Commonwealth of the Bahamas a soft development loan agreement worth $ 55 million to finance the development project of North Eleuthera International Airport.

The p…