Business

Oil prices pared gains in early trade on Monday after charting their biggest weekly rise in over a year on Friday amid rising geopolitical tensions.

Brent crude futures fell 43 cents, or 0.5%, to $77.62 per barrel. US West Texas Intermediate crude fu…

ABU DHABI: The Abu Dhabi Investment Authority (ADIA) has established a subsidiary at the Gujarat International Finance Tec-City (GIFT City), India’s international financial services centre.

The subsidiary has been granted regulatory approval by the I…

China’s foreign exchange reserves totaled $3.3164 trillion at the end of September, up by $28.2 billion, or 0.86%, compared to the end of August.

China’s State Administration of Foreign Exchange said on Monday that the US dollar index declined, and g…

Kuwait Audit Bureau Chief Essam Al-Roumi affirmed on Monday that the 21st meeting of the GCC audit bureaus chiefs in Qatar was important to coordinate efforts and bolster cooperation.

Speaking to KUNA on the sideline of the meeting, Al-Roumi revealed…

The dollar index measure against major peers was flat. It rose on Friday to a seven-week high, logging more than 2% gains for the week, its biggest in two years.

Japan’s yen fell to its lowest in nearly two months and other major currencies too were …

SHARJAH: The Sharjah Chamber of Commerce and Industry (SCCI) hosted the Building Materials Forum, gathering key stakeholders and top professionals, including property suppliers, traders, consultants, contractors, and real estate developers.

Held in c…

Doha: QatarEnergy has announced the launch of ‘Tawteen’ initiative’s enhanced In-Country Value (ICV) program, a move that will further align it with the objectives of the State of Qatar to enhance the sustainable development of the local economy.

The…

ABU DHABI: The Department of Energy – Abu Dhabi (DoE) has gathered more than 130 key government and private stakeholders to discuss safety, compliance and future growth in the petroleum products sector in preparation for upcoming changes to the regula…