Abu dhabi: Bain Capital, a global private investment firm, has announced the opening of its new office in ADGM, Abu Dhabi’s international financial centre. This move underscores Bain Capital’s commitment to fostering investment relationships and suppo…
Dubai: The UAE real estate sector recorded robust performance during the first quarter of 2026, underscoring growing confidence among local and international investors in the market’s stability, adaptability to evolving conditions, and its capacity to…
Dubai: The Community Development Authority (CDA) in Dubai convened the third meeting of the Foster Families Committee, with the participation of representatives from several relevant government entities, as part of efforts to strengthen the alternativ…
Vigo: Gold prices fell on Monday as the dollar firmed, with spot gold declining 0.7 percent to US$4,793.98 per ounce as of 03:51 GMT, after hitting its lowest level since 13th April earlier in the session. US gold futures for June delivery dropped 1.4…
Beijing: China’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3% Monday, unchanged from the previous month, Xinhua news agency reported.
According to Emirates News Agency, the over-five-year LPR, on which many le…
Jakarta: Indonesia will stop importing diesel fuel starting July 1, 2026, in line with the implementation of B50, a biofuel blend consisting of 50% diesel and 50% crude palm oil (CPO). ‘We will no longer import diesel. Per July 1, 2026, we will stop (…
New york: US crude oil jumped more than 7% after the closure of the Strait of Hormuz. Brent crude futures, the global oil benchmark, rose 7.26% or $6.56 to $94.94 per barrel in early Monday morning trading. West Texas Intermediate futures surged 7.24%…
Beijing: China’s exports of medical devices to Middle Eastern countries reached US$3.484 billion in 2025, marking a significant growth trend in the region.
According to Emirates News Agency, medical consumables topped the list of exports with a perc…