Business

ABU DHABI: The Credit Default Swaps (CDS) for the government of Abu Dhabi fell from 44 bps in December 2023 to 40 bps in March 2024.

According to the Central Bank of the UAE (CBUAE) Quarterly Economic Review June 2024, the Abu Dhabi CDS level continu…

SEOUL: The Republic of Korea will create a new visa programme to attract foreign workers specialising in high-tech industries, the government said Thursday, as the country prepares for a society with a growing foreign population.

Yonhap News Agency q…

NEW YORK: EMSTEEL Group today announced its appointment as co-chair of the Alliance for Industry Decarbonisation (AFID) led by the International Renewable Energy Agency (IRENA). The Group will be co-chairing the renowned global industrial alliance alo…

Doha: The price of gold in the Qatari market rose by 1.48 percent during the current week, reaching $2661.50000 per ounce, according to data issued by Qatar National Bank (QNB).

The data showed that the price of gold rose from $2622.50830 per ounce r…

Tel Aviv – Ma’an – The Bank of Israel said that it has not yet studied the issue of canceling the 200-shekel banknote, and that there is no justification for this at this stage.

The bank’s clarification came after Prime Minister Benjamin Netanyahu st…

ABU DHABI: The Central Bank of the United Arab Emirates (CBUAE) issues its Financial Stability Report for 2023. The report provides a comprehensive assessment of the stability of the UAE financial system and its developments. The report showcases the …

Doha: HE CEO of the Qatar Free Zones Authority (QFZ), Sheikh Mohammed bin Hamad bin Faisal Al-Thani, met with a Czech delegation headed by HE Minister of Industry and Trade of the Czech Republic, Jozef Sikela, who is visiting Doha.

A QFZ statement on…

MOSCOW: Russia remains among leading participants in the global energy market despite considerable difficulties, Russian President Vladimir Putin said at the plenary session of the Russian Energy Week forum (REW), according to the Russian News Agency …