Business

Gold traded in a narrow price range on Wednesday as investors looked forward to a key US inflation reading that could shed more light on the Federal Reserves interest rates trajectory.

Spot gold rose 0.2% to $2,367.79 per ounce. US gold futures climb…

Doha: Ooredoo has entered a partnership with Qatar Airways, one of the worlds top airlines, to embark on a large-scale cloud adoption journey. In collaboration with Google Cloud, this initiative marks a significant milestone in both organizations comm…

DUBAI: Nasdaq Dubai welcomed three Sukuk issued by the Republic of Indonesia (Perusahaan Penerbit SBSN Indonesia III) totalling US$2.35 billion, under its US$35 billion Trust Certificate Issuance Programme. These new listings reinforce Dubai’s stature…

Ramallah Ma’an – A delegation from the Jerusalem District Electricity Company participated on Tuesday in the annual employment day organized by Bethlehem University, with the attendance of more than 40 companies.

The Jerusalem District Electricity Co…

Riyadh, The General Authority of Foreign Trade in Saudi Arabia (GAFT) approved the final formation of several joint Saudi-foreign business councils for its new 1445-1449 term.

Mohammed bin Nasser Al-Dulaim was appointed chairman of the Saudi-Canadian…

ABU DHABI: Abu Dhabi Distribution Company (ADDC), a subsidiary of the Abu Dhabi National Energy Company (TAQA), has launched its Energy Efficiency Clubs. This initiative is in collaboration with three of Abu Dhabi’s most prominent industrial sites: Ag…

The dollar was on the front foot on Wednesday, having rebounded from a three-week low, after Federal Reserve Chair Jerome Powell struck a cautious tone on how soon US interest rate cuts would come.

In the first day of his testimony to Congress overni…

Tel Aviv – Ma’an – The Bank of Israel kept interest rates unchanged on Monday for the fourth consecutive meeting, maintaining its cautious policy due to the nine-month war that Israel has been waging on the Gaza Strip, as well as stable inflation.

Th…