Business

DUBAI: The Dubai Financial Market (DFM) reported a substantial increase in brokerage firms, with 56,345 new investor accounts opened in the first seven months of 2024, marking an 85% increase from the same period last year, which saw 22,700 new accoun…

The US dollar declined today after the Federal Reserve (US Central Bank) kept the door open for a rate cut in September, helping stabilize the yen near its highest level since March following the Bank of Japan’s shift towards a tightening policy The y…

ABU DHABI: A delegation from the UAE Accountability Authority (UAEAA), led by its Chairman, Humaid Obaid Abushibs, participated in the 4th Meeting of the Heads of BRICS Supreme Audit Institutions (SAIs) in Russia.

The meeting was organised by the Acc…

ABU DHABI: Alpha Dhabi Holding has announced a group net profit of AED6.7 billion for the six-month period ending 30th June 2024.

Alpha Dhabi has posted remarkable H1 2024 financial results, with revenue soaring to AED29.3 billion, representing a 32%…

ABU DHABI: Turnwell, ADNOC Drilling’s new joint venture has started operations, drilling its first well in Abu Dhabi’s Al Dhafra region, to unlock Abu Dhabi’s world-class unconventional energy resources. marking a major milestone for Abu Dhabi’s energ…

ABU DHABI: The Federal Authority for Nuclear Regulation (FANR) has published its 2023 Annual Report, illustrating its nuclear regulatory achievements to ensure the safe, secure and peaceful usage of nuclear energy and radiation sources in the UAE.

Ac…

China’s factory activity contracted for the third consecutive month in July, government data showed.

The Purchasing Managers Index (PMI) for China’s manufacturing sector, a gauge of activity of some 3,000 big and state-owned firms across the country,…

Tokyo stocks tumbled Thursday at the close of trading Thursday, as key sectors including real estate and exporting companies declined, amid a rise in the value of the yen against the dollar.

The 225-issue Nikkei Stock Average ended down 975.49 points…