Abu dhabi: U.S. crude oil closed higher on Monday by 9.4% at $78.14 per barrel: Brent crude oil jumped 9.6% to $83.30 per barrel. WTI gained 9.4% to close at $78.14.
According to Emirates News Agency, the significant increase in oil prices was obser…
Abu dhabi: traded in mixed territory on Monday as investors turned their attention to the start of the second-quarter earnings season. The pan-European Stoxx 600 index fell 0.01% to 641.02 points, while Germany’s DAX index rose 0.08% to 25,087.18 poin…
Abu dhabi: Gold prices experienced a significant decline of 3% on Monday, following US President Donald Trump’s announcement of reinstating a naval blockade on Iran. This geopolitical move has contributed to a recovery in oil markets.
According to E…
Abu dhabi: For the first time, solar power provided a quarter of the European Union’s electricity in June, generating a record 52 terawatt-hours (TWh) and accounting for 25 percent of the bloc’s monthly power output.
According to Emirates News Agenc…
Abu dhabi: Gold rose on Tuesday after hitting a two-week low earlier in the session, as markets awaited key US inflation data.
According to Emirates News Agency, spot gold was up 0.3 percent at $4,013.93 per ounce by 03:00 GMT, recovering from its…
Abu dhabi: Abu Dhabi Securities Exchange (ADX) Group honoured brokerage firms, listed companies, and post-trade service members at its Annual Members Recognition Awards, recognising their contributions to the development of Abu Dhabi’s capital markets…
Abu dhabi: Ras Al Khaimah Economic Zone (RAKEZ) continues to expand its international outreach, hosting over a dozen delegation engagements so far this year as interest in Ras Al Khaimah’s business environment continues to rise.
According to Emirate…
Abu dhabi: Dubai Islamic Bank (DIB) reported a net profit after tax of AED3.736 billion for the first half of 2026, compared with AED3.73 billion in the same period last year, while pre-tax profit rose 1% year-on-year to AED4.334 billion.
According…