Category: Business

ABU DHABI: RAKBANK has completed its first Tier 2 security issuance, raising US$250 million, the securities were issued with a maturity of 10.25 years and a non-call period of 5.25 years (10.25NC5.25), carrying a coupon rate of 5.875 percent.

In a pr…

The US dollar fell against most major currencies in Wednesday’s trading.

The dollar index, which measures the strength of the greenback against six major currencies, fell 0.3% to 101.4.

Against the Japanese yen, the dollar fell 0.9% to 144.22 yen as…

SHARJAH: The Sharjah Chamber of Commerce and Industry (SCCI) has discussed ways to enhance trade and investment cooperation between the business community in the emirate and its counterpart in Nepal.

Emphasising the UAE businesses’ commitment to dive…

ABU DHABI: The Abu Dhabi Department of Energy (DoE) has launched a series of initiatives to encourage community members to reduce electricity and water consumption.

The awareness programmes in schools and households will promote sustainability and co…

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 witnessed the signing of a strategic partnership between ADNOC and ExxonMobil Corporation, in which ADNOC wil…

Doha: Ooredoo Qatar announced the successful completion of its trial of revolutionary Wi-Fi 7 technology. The trial was completed on Fibre-To-The-Room (FTTR) devices for the first time in the region, with plans to launch it commercially in 2024.

In a…

With the objective of attracting foreign investments and drawing pioneering projects to the country, Saudi Arabia announced Wednesday that it will host the Entrepreneurship World Cup (EWC) Finals from November 5th to 9th. The event will feature the t…

HE Minister for Foreign Trade and Development of the Republic of Finland Ville Tavio affirmed his country’s aspiration to enhance cooperation with the State of Qatar in various fields, indicating that the visit of HH the Amir Sheikh Tamim bin Hamad Al…