Trading

– The Iraqi Ministry of Oil announced on Wednesday that during the next five years, Iraq will be self-sufficient and will be a source of gas.

The ministry unveiled a number of projects under implementation in the exploration and production sectors, i…

ABU DHABI: The Securities and Commodities Authority (SCA) reported that public joint-stock companies in the UAE distributed a total of AED61.73 billion in cash dividends and bonus shares during the past year.

Of this amount, AED58 billion (94%) was a…

DUBAI: Dubai Chambers successfully hosted the 12th edition of its ‘Diplomatic Circle,’ with over 100 ambassadors, consul generals, and commercial attachés from the UAE in attendance. The event strengthened economic cooperation between Dubai and the in…

The engine defect in the Airbus A350 plane that led to the cancellation of dozens of Hong Kong-based Cathay Pacific Airways’ flights in early September could have escalated into “extensive damage,” public broadcaster Radio Television Hong Kong report…

Qatar Free Zones Authority (QFZ) and ABB E-mobility, a global leader in electric vehicles charging solutions, and the Public Works Authority (Ashghal), have officially opened the new ABB E-mobility facility in Umm Al Houl Free Zone.

In a statement, t…

The Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, said the mortgage rates have been sliding down towards a record low since the start of the last year thanks to improvement of economy and low interest rates.

“Mortgage rates …

– The volume of real estate trading in sales contracts registered with the Real Estate Registration Department at the Ministry of Justice during the period from Sept. 8-12 reached QR 219,835,698, while the total sales contracts for the real estate bul…

Bethlehem – Ma’an – Gold prices rose to their highest level after the US Federal Reserve cut interest rates by about half a percentage point.

Spot gold rose 0.9% to $2,592.39 an ounce, while US gold futures rose 0.2% to $2,598.60 at settlement.

Sou…