Category: Business

GENEVA: Switzerland’s industrial production increased unexpectedly and sharply in the second quarter, provisional data from the Federal Statistical Office showed on Friday. Industrial production surged 7.3 percent year-over-year in the second quarter,…

AJMAN: Abdullah Mohammed Al Muwaiji, Chairman of the Ajman Chamber of Commerce and Industry (ACCI), launched the Ajman Chamber’s 2024 – 2030 Strategy, in alignment with the Ajman Vision 2030 and its strategic objectives and eight underlying principles…

ABU DHABI: The Abu Dhabi Real Estate Centre (ADREC), the custodian and regulator of Abu Dhabi’s real estate sector, has announced that its Real Estate Dispute Settlement Centre mediated 1,553 real estate disputes in the first half of 2024, demonstrati…

ABU DHABI: Under the patronage of H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Falconers’ Club, Capital Events, a division of ADNEC Group, announced that the 21st edition of the Abu Dh…

ABU DHABI: Etihad Airways, the national carrier of the UAE, has released its preliminary traffic figures for July 2024.

The airline welcomed 1.7 million passengers, achieving a robust average load factor of 89 percent for the month.

Etihad Airways’ …

Oil prices rose by more than a dollar Thursday, after US economic data eased fears of an imminent recession in the United States, the world’s largest economy, but continued concerns about slowing global demand limited gains.

Brent crude futures rose …

SEOUL: The average lending rate of major banks in the Republic of Korea dipped slightly from a month earlier in July, marking the third consecutive month of drop, data showed Friday.

Korean news agency Yonhap reported that COFIX, or the Cost of Funds…

NIZHNY NOVGOROD: The UAE Ministry of Industry and Advanced Technology on Friday joined its BRICS counterparts on the launch of a Centre for Industrial Competences in cooperation with the United Nations Industrial Development Organisation (UNIDO) to su…