Trading

DUBAI: The 10th edition of the World Green Economy Summit (WGES) commenced today, under the theme ‘Empowering Global Action: Unlocking Opportunities and Advancing Progress’. The event brings together current and former presidents, ministers and global…

The US stocks ended lower on Thursday.

The Dow Jones Industrial Average fell 57.88 points, or 0.14%, to 42,454.12.

The S and P 500 sank 11.99 points, or 0.21%, to 5,780.05.

The Nasdaq Composite Index shed 9.57 points, or 0.05%, to 18,282.05.

Sou…

ABU DHABI: The Central Bank of the UAE (CBUAE) has announced that the total profits of the country’s insurance sector amounted to AED2.5 billion in 2023, compared to AED1.96 billion in 2022. This increase was mainly driven by increase in net investmen…

South Korea’s consumer prices slowed to the lowest level in 3 1/2 years in September, falling below 2 percent for the first time since early 2021, data showed Wednesday.

Consumer prices, a key gauge of inflation, rose 1.6 percent on-year last month, …

The US Energy Information Administration announced Wednesday that crude oil inventories in the United States rose as fuel demand fell last week.

The administration, which is the statistical arm of the US Department of Energy, said in a statement that…

Doha: Qatar Investment Authority (QIA) announced Wednesday its intention to combine the telecommunications businesses of Qatar National Broadband Network (QNBN) and Gulf Bridge International (GBI).

The integration of QNBN and GBI brings together two …

FUJAIRAH: Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, has highlighted the urgent need to increase investments in energy infrastructure to meet the rising global demand, driven by accelerating global changes and the anticipa…

Doha: Dukhan Bank (Q.P.S.C.) has successfully issued a $800 million 5-year senior unsecured Sukuk with a profit rate of 4.56% per annum representing a spread of 100bps over 5-year US Treasuries.

The transaction marks the debut Senior Sukuk issuance f…