Category: Business

Gold prices went up on Friday but are on track to record a weekly decline, as investors are awaiting new US inflation data, which is expected to offer further clues about the timing of a potential interest rate cut.

Spot gold rose by 0.4% to $2,374.1…

MOSCOW: During the 14th BRICS Trade Ministers Meeting, attended by Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, the UAE renewed the call for enhanced trade cooperation among member nations and firm opposition to stimulate the f…

PARIS: The increasing impact of climate change is putting energy security at risk in Southeast Asia and heatwaves, floods, droughts, tropical cyclones and rises in sea levels pose challenges to the energy system, affecting everything from fuel extract…

ABU DHABI: Emirates Stallions Group (ESG), a subsidiary of International Holding Company (IHC), today announced a remarkable operational profit of AED119 million for the first half of 2024, achieving a growth of 128 percent year-on-year (YoY).

The Gr…

The Asian Development Bank (ADB) today approved a $400 million concessional loan to support the reconstruction of houses and community infrastructure in Pakistan’s Sindh province damaged by the devastating floods in 2022.

The Sindh Emergency Housing …

The session covered actionable strategies that make AI accessible and beneficial across various business functions. It brought together industry experts who demonstrated real-world uses of AI to highlight how it can enhance customer understanding, per…

FUJAIRAH: The National Bank of Fujairah (NBF) recorded net profit after tax of AED 441.2 million for the first half of 2024, with a corporate tax charge of AED 43.8 million.

According to a press statement today, Thursday, NBF recorded a year-on-year …

DUBAI: The UAE, represented by the Telecommunications and Digital Government Regulatory Authority (TDRA), hosted the 54th meeting of the Executive Bureau of the Arab Telecommunications and Information Council of Ministers (ATICM) on 24th July 2024 in …