Business

DUBAI: In conjunction with the International Day for the Conservation of the Mangrove Ecosystem, the Ministry of Climate Change and Environment (MOCCAE) held a ceremony to honour key partners in its National Carbon Sequestration Project, which aims to…

SHARJAH: The eighth edition of the ‘Al Dhaid Date Festival’, one of Sharjah’s most significant economic, cultural, and social events, commenced this morning, Thursday, at Expo Al Dhaid, and is slated to run until 28th July.

Organised by the Sharjah C…

Gold prices fell more than 1% on Thursday as investors booked profits ahead of US economic data that could offer more cues on when the central bank will cut interest rates this year and by how much.

Spot gold fell 0.9 % to $ 2377.29 per ounce. US gol…

Doha: The Qatar Stock Exchange (QSE) index wrapped up this week’s trading down by 0.39 percent to stand at 10,098 points, while achieving a positive weekly performance of around 0.64 percent, achieving 1.3 percent gains since the beginning of July.

I…

FUJAIRAH: The National Bank of Fujairah (NBF) recorded net profit after tax of AED 441.2 million for the first half of 2024, with a corporate tax charge of AED 43.8 million.

According to a press statement today, Thursday, NBF recorded a year-on-year …

RIO DE JANEIRO: Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, has reaffirmed the UAE’s commitment to sustainable finance and collaboration with Brazil, the current Chair of G20, to achieve climate finance goals, emphasising that f…

Doha: In line with the Third Financial Sector Strategy, the FinTech Strategy, and Qatar Central Banks endeavor to regulate and develop the financial sector and enhance the FinTech ecosystem in the country, Qatar Central Bank has issued the “Distribute…

ABU DHABI: First Abu Dhabi Bank (FAB) has delivered record financial results for the first half of 2024, with a net profit of AED8.4 billion, and revenue of AED15.7 billion, a growth of 16 percent year-on-year (YoY), underlining the bank’s consistent …