Business

DUBAI: Dubai Electricity and Water Authority (DEWA) is set to participate in the 44th GITEX Global, the world’s largest technology and startups event, scheduled from 14th to 18th October at the Dubai World Trade Centre.

DEWA’s stand will showcase its…

Jerome H. Powell, Chair, Board of Governors of the Federal Reserve, said that time has come for the monetary policy to adjust.

“Inflation has declined significantly. The labor market is no longer overheated, and conditions are now less tight than th…

Jerome H. Powell, Chair, Board of Governors of the Federal Reserve, said that time has come for the monetary policy to adjust.

“Inflation has declined significantly. The labor market is no longer overheated, and conditions are now less tight than th…

Malaysia’s Minister of Investment, Trade and Industry Tengku Zarful Abdul Aziz said on Friday that his country is holding talks on a free trade agreement (FTA) with the Gulf Cooperation Council (GCC).

A bilateral free trade agreement with the United…

Malaysia’s Minister of Investment, Trade and Industry Tengku Zarful Abdul Aziz said on Friday that his country is holding talks on a free trade agreement (FTA) with the Gulf Cooperation Council (GCC).

A bilateral free trade agreement with the United…

Oil prices rose more than 1 percent Friday, as the US dollar fell.

Brent crude futures rose 95 cents, or 1.23 percent, to USD 78.17 a barrel, while US West Texas Intermediate (WTI) crude futures rose USD 1.06, or 1.45 percent, to USD 74.07 a barrel….

The official price of Oman oil, for delivery in October, today reached $76.62 cents, up by $1.47 compared to yesterdays price (Thursday), which was $75.15. It is worth noting that the monthly average price of Omani crude oil for delivery in August re…

BEIJING: China’s central bank conducted 359.3 billion yuan (US$50.44 billion) of seven-day reverse repos at an interest rate of 1.7 percent on Thursday.

Xinhua News Agency quoted a statement from the People’s Bank of China as saying that the move aim…