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Month: June 2026

AD Ports Group Acquires Brazil’s Leading Agri-Bulk Port Terminal Operator for Over AED 3 Billion

June 2, 2026 by emiratespressreleases.net

So paulo: AD Ports Group (ADX: ADPORTS) today acquired Corredor LogĀ­stica e Infraestrutura (CLI), Brazil’s leading independent agri-bulk port terminal operator, marking a significant entry into the South American market with a major strategic expansio…

Categories Business

Trump Alters Tariffs on Steel, Aluminum, Copper Imports to Boost Industrial Base

June 2, 2026 by emiratespressreleases.net

Washington: US President Donald Trump has signed a proclamation amending tariffs on certain aluminum, steel, and copper imports, as announced by the White House. This move is part of an effort to adjust existing Section 232 security tariffs.

Accordi…

Categories Business

Trade MEPs Approve EU-US Deal Despite Concerns Over Coercive Tactics

June 2, 2026 by emiratespressreleases.net

Brussels: Members of the European Parliament’s trade committee approved the EU-US trade deal, paving the way for its final adoption in June, despite some MEPs’ concerns over US President Donald Trump’s coercive approach.

According to Emirates News A…

Categories Business

Gold Edges Higher on Easing Treasury Yields

June 2, 2026 by emiratespressreleases.net

Abu dhabi: Gold edged higher on Tuesday: supported by lower Treasury yields. Spot gold rose 0.5 percent to $4,507.56 per ounce by 0420 GMT. US gold futures for August delivery gained 0.7 percent to $4,538.

According to Emirates News Agency, among ot…

Categories Business

Ajman Chamber Strengthens Global Presence at China Franchise Expo

June 2, 2026 by emiratespressreleases.net

Ajman: Ajman Chamber participated in the China Franchise Expo and the World Franchise Council Annual Meeting 2026, held in Beijing, China, from 27th to 31st May.

According to Emirates News Agency, the chamber was represented by Maher Tarish Al Alili…

Categories Business

Dollar Steady; Cryptocurrencies Decline

June 2, 2026 by emiratespressreleases.net

Abu dhabi: The US dollar steadied on Tuesday in a wait-and-see approach to the Middle East peace talks. The dollar index ticked up to 99.19, the euro edged up to $1.1633, and sterling gained slightly to $1.3457. The Japanese yen was a tad lower agains…

Categories Business

Allied World Expands Global Operations to Dubai with Regional Office in DIFC

June 2, 2026 by emiratespressreleases.net

Dubai: Allied World Assurance Company Holdings, Ltd (Allied World), a global provider of insurance and reinsurance solutions, has opened a new regional office in Dubai International Financial Centre (DIFC). This local presence will allow Allied World …

Categories Business

US Stocks Close Higher with Gains in Major Indices

June 2, 2026 by emiratespressreleases.net

New york: Major indices on Wall Street closed higher on Monday. The S and P 500 rose by 20.19 points, or 0.27 percent, to close at 7600.03 points. The Nasdaq Composite gained 114.75 points, or 0.43 percent, to reach 27087.37 points, while the Dow Jone…

Categories Business
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