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Bin Touq leads UAE delegation to India tomorrow to strengthen economic cooperation

July 22, 2024 by emadmin

NEW DELHI: A UAE economic delegation headed by Abdulla bin Touq Al Marri, Minister of Economy and Chairman of Investopia, which includes Alia bint Abdulla Al Mazrouei, Minister of State for Entrepreneurship, will visit the Republic of India this week …

Categories Business, Trading

Oil Prices Rise as Investors Look for Signs of US Rate Cuts

July 22, 2024 by emadmin

Oil prices rose in early trade on Monday as investors keep a lookout for signs of a rate-cut cycle expected to begin as soon as September.

Brent crude prices were up 48 cents, or 0.57%, at $83.10 a barrel, and U.S. West Texas Intermediate crude futur…

Categories Business, Trading

Emirates Driving Company acquires 51% stake in ‘Excellence Premier Investment’

July 22, 2024 by emadmin

ABU DHABI: Emirates Driving Company, a subsidiary of Multiply Group, has announced the acquisition of a 51% stake in Excellence Premier Investment, the parent company of the Excellence Driving Centre.

In a press release today, the company said that t…

Categories Business, Trading

‘Ardent Health Partners’ completes New York Stock Exchange listing

July 22, 2024 by emadmin

ABU DHABI: PureHealth has successfully concluded the initial public offering (IPO) of its subsidiary, Ardent Health Partners, on the New York Stock Exchange (NYSE).

Ardent Health offered 14,300,000 shares of its common stock at $16 per share, with tr…

Categories Business, Trading

Gold Rises, Dollar Eases as Biden Decides to Withdraw from 2024 Presidential Race

July 22, 2024 by emadmin

Gold prices rose on Monday as the dollar eased following US President Joe Biden’s decision to withdraw from the 2024 presidential race, with investors turning to bullion as a hedge against an uncertain political and market outlook.

Spot gold rose 0.2…

Categories Business, Trading

Egypt’s external debts shrink by USD 14 bln — central bank

July 22, 2024 by emadmin

The Egyptian central bank announced on Monday that the nation’s external debts dropped to USD 153.86 billion falling by USD 14.17 billion since five months ago (8.43 percent).

The central bank said in a statement carried by the official Middle East N…

Categories Business, Trading

SBWC elevates women entrepreneurs at Expand North Star 2024

July 22, 2024 by emadmin

SHARJAH: In line with its mission to support and empower women entrepreneurs in the UAE, the Sharjah Business Women Council (SBWC) is sponsoring female-led startups at the upcoming Expand North Star 2024 event, and the anticipated ‘Supernova Challenge…

Categories Business, Trading

Gold Rises, Dollar Eases as Biden Decides to Withdraw from 2024 Presidential Race

July 22, 2024 by emadmin

Gold prices rose on Monday as the dollar eased following US President Joe Biden’s decision to withdraw from the 2024 presidential race, with investors turning to bullion as a hedge against an uncertain political and market outlook.

Spot gold rose 0.2…

Categories Business, Trading
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