Gold prices held steady on Wednesday as investors braced for a monthly US payrolls report that could influence how swiftly and deeply the Federal Reserve cuts interest rates this year.
Spot gold held its ground at $2,493.34 per ounce, after hitting i…
SHARJAH: Tuvaluan Minister for Transport, Energy, Communication, and Innovation Simon Kofe, underscored the significance of continued collaboration with Emirati experts, acknowledging the UAE’s global prominence in diverse sectors, particularly emergi…
South Korea’s foreign reserves increased for the second straight month in August on the back of the increased value of non-US dollar assets and investment gains, central bank data showed Wednesday.
The country’s foreign reserves had come to $415.92 b…
ABU DHABI: Emirates Global Aluminium (EGA) today announced the implementation of a digital greenhouse gas emissions tracking system to enhance transparency and accelerate decarbonisation, in line with the UAE’s National MRV Transparency System.
This …
ABU DHABI: Standard and Poor’s (SandP) Global Ratings today forecast that Gulf Cooperation Council (GCC) banks’ good performance should continue throughout 2024, absent any unexpected shock, thanks to increasing lending volumes, higher fee income, sta…
ABU DHABI: The Central Bank of the UAE (CBUAE) stated that demand for bank credit in the country is growing, supported by economic stability and strong investments, despite rising interest rates.
According to the Credit Sentiment Survey of the CBUAE …
Turkiye’s Treasury and Finance Minister Mehmet Simsek has expressed his expectations that the consumer price index (inflation) will be within the expected range at the end of this year at 38 percent, noting that the decline in inflation has become cle…
DUBAI: The 14th National Dialogue on Climate Ambition, organised by the Ministry of Climate Change and Environment (MOCCAE), was hosted by Dubai International Financial Centre (DIFC) at its headquarters in Dubai.
This event is part of a series of sec…
Gold prices on Wednesday fell to their lowest level in nearly two weeks, marking the fourth consecutive session of declines as markets adjusted to lower expectations for rate cuts at the US Federal Reserve’s upcoming policy meeting.
Spot gold fell 0….
A security batch of graduates of the “Al-Aqsa Flood” military courses in Al-Qanawis district, Hodeida Governorate, carried out a march on foot as part of the mobilization campaign to support the Palestinian people.
The graduates raised the Yemeni and…
HE President of the Republic of Finland Alexander Stubb welcomed the visit of HH the Amir Sheikh Tamim bin Hamad Al-Thani to Finland, noting that this year marks the 50th anniversary of the establishment of diplomatic relations between the two countri…
Minister of Youth and Sports Dr. Mohammed Al-Mawlid congratulated the national youth team, following its victory over its Omani counterpart by three goals to one, at the start of its journey in the eleventh West Asian Football Championship, which is b…
