Business

Dubai Financial Market (DFM) has announced that it will be changing the name of existing listed ‘Micro DME Oman Crude Oil Futures’ to ‘Micro GME Oman Crude Oil Futures’ which are available for trading on DFM Derivatives platform.

In a circular on We…

SHARJAH: The 54th edition of the Watch and Jewellery Middle East Show, the region’s leading bi-annual exhibition for gold, watches, jewellery, and exclusive designs, is set to take place from 25th to 29th September.

Organised by Expo Centre Sharjah w…

Central Bank of Kuwait (CBK) announced a 25 basis point reduction in the benchmark discount rate to four percent from 4.25 percent.

The new discount rates will be effective tomorrow, Thursday.

CBK Governor Basel Al Haroon told the Kuwait News Agency…

Gold prices were flat on Wednesday as investors weighed chances of an outsized interest rate cut by the Federal Reserve later in the day.

Spot gold was little changed at $2,571.28 per ounce. Bullion rose to a record high of $2,589.59 on Monday.

US g…

Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet that demand will grow if the US Federal Reserve lowers borrowing costs this week, as is widely expected.

Brent crude futures gained 95 cents, or 1.3%, to se…

DUBAI: Ducab Group, one of the largest end-to-end solutions providers and manufacturing firms in the UAE, is elevating and expanding its Environmental, Social, and Governance (ESG) and decarbonisation strategy following its appointment of Schneider El…

WASHINGTON: The US Federal Reserve decided in its meeting today to cut its benchmark interest rate by 50 basis points, after eight consecutive meetings of maintaining the rate.

The US central bank announced that it reduced the interest rate by half a…

The Qatar International Centre for Conciliation and Arbitration (QICCA) at the Qatar Chamber has launched a new package of electronic services via its website.

This comes in the context of QICCAs strategy to enhance its digital infrastructure and pro…