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UAE Joins Kuwait National Day Celebrations

Dubai: is joining the State of Kuwait in celebrating its National Day, observed annually on 25th February, reflecting the depth of fraternal ties and the strategic partnership binding the leaderships and peoples of both nations.

According to Emirate…

EDGE and EM&E Group Forge $1.5 Billion Joint Venture in UAE

Abu dhabi: The UAE’s EDGE Group and Spain’s EM and E Group have signed a pivotal agreement to explore the creation of a UAE-based joint venture, backed by a commercial pipeline valued at approximately US$1.5 billion. The signing event took place at EM…

Oil Hovers Near Seven-Month Highs

London: Oil prices held around seven-month highs on Wednesday. Brent futures were up 33 cents at $71.10 a barrel by 1127 GMT, while West Texas Intermediate (WTI) futures gained 22 cents to $65.85.

According to Emirates News Agency, Brent prices reac…

Korea Wage Job Growth Hits Q3 High

Dubai: The Republic of Korea recorded the fastest growth in wage jobs in three quarters during the third quarter of last year, government data showed Tuesday. The number of wage employee positions stood at 20.92 million as of the end of August, up 139…

Korea Wage Job Growth Hits Q3 High

Dubai: The Republic of Korea recorded the fastest growth in wage jobs in three quarters during the third quarter of last year, government data showed Tuesday. The number of wage employee positions stood at 20.92 million as of the end of August, up 139…

New Oil Well Begins Production in Egypt’s Gulf of Suez

Cairo: The Egyptian Ministry of Petroleum and Mineral Resources has announced the start of crude oil production from a new well, “Belayim Marine 133,” located in the Belayim Marine field in the Gulf of Suez. The well has commenced operations at an ini…

Wall Street Sees Gains as Gold Dips from Recent Highs

New york: Major indices on Wall Street closed higher on Tuesday, driven by a rally in technology stocks, while gold prices retreated to $5,149 per ounce at the time of publishing. The decline sees the precious metal receding from a three-week peak, gi…

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