Category: Business

The dollar declined at the end of Monday’s trading after reaching high levels earlier in the session ahead of statements to be made by Chair of the Federal Reserve of the United States, Jerome Powell.

The dollar index, which measures the performance …

ABU DHABI: Gross domestic credit extended by banks operating in Abu Dhabi in the first four months of the year grew by 5 percent or AED45.8 billion to AED 961.9 billion from AED915.9 billion at the end of last year, according to UAE banking indicators…

The Oman Central Bank (OCB) has announced that the total value of government treasury bills allocated for this week amounted to OR 31.15 million.

In a statement on Monday, the OCB said that the value of the bills allocated for a maturity period of 28…

Doha: The Qatar Stock Exchange (QSE) closed Monday’s trading session with an increase of 24.35 points, or 0.24 percent, reaching 10,196.3 points.

During today’s session, 154,582,744 shares were traded, with a total value of QAR 465,173,030.952, resul…

AJMAN: Abdullah bin Mohammed Al Muwaiji, Chairman of the Ajman Chamber of Commerce and Industry (ACCI), received a delegation from the Gulf Chinese Trading Corporation, which manages Ajman’s China Mall. The meeting discussed ways of cooperation and re…

South Korea’s exports of information and communication technology (ICT) products rose for the eighth consecutive month in June, thanks to solid demand for chips, data showed Monday.

Outbound shipments of ICT products came to US$21.05 billion last mon…

Saudi Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz, met Monday with Thailand’s Deputy Prime Minister and Energy Minister Pirapan Salirathavibhaga, who is visiting Riyadh.

During the meeting, they discussed means to enhance cooperation…

DUBAI: The Dubai International Financial Centre (DIFC) Courts today released its figures for the first six months of 2024, reflecting continued growth in case numbers for the region’s pre-eminent forum for English language dispute resolution. In addit…