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The dollar hung near a seven-month low on Tuesday on wagers the US central bank will start cutting interest rates from next month.
The dollar index, which measures the US currency against six rivals, touched its lowest since Jan. 2 of 101.82 on Tues…
Qatar Airways Group Chief Executive Officer, Eng. Badr Mohammed Al Meer has announced that Qatar Airways Group has acquired a 25 per cent stake in Southern Africa’s premier independent regional carrier, Airlink.
The announcement, made during a press …
DRESDEN: The construction of a new chip factory in the eastern German city of Dresden is set to begin on Tuesday with a symbolic groundbreaking ceremony.
German news agency dpa reported that the investment of just over pound 10 billion (US$11.1 billi…
China’s benchmark lending rates were held unchanged for August, after the central bank lowered them in July.
The one-year loan prime rate was kept steady at 3.35% and the five-year rate was held 3.85%, according to a statement from the People’s Bank …
Qatar Airways Group Chief Executive Officer, Eng. Badr Mohammed Al Meer has announced that Qatar Airways Group has acquired a 25 per cent stake in Southern Africa’s premier independent regional carrier, Airlink.
The announcement, made during a press …
ABU DHABI: The UAE’s top banks’ capital position remains robust, supported by high profits, and their asset quality further improved in the quarter ending June 2024.
Alvarez and Marsal (AandM), a leading global professional services firm, in its late…
Gold prices held above the $2,500 mark on Tuesday, buoyed by a weaker US dollar and Treasury yields, while traders awaited minutes of the Federal Reserve’s last policy meeting for further cues on interest rate cuts.
Spot gold edged 0.1% higher to $2,…
Oil prices showed signs of stabilization on Tuesday after two consecutive sessions of decline, as concerns about supply disruptions in the Middle East began to ease.
Brent crude rose by 19 cents, or 0.24 percent, to $77.85. Contract for West Texas In…
Aachen: UAE rider Omar Abdul Aziz Al Marzooqi underlined his position among the leading riders in international show jumping with