Trading

Gold prices were flat on Wednesday as investors weighed chances of an outsized interest rate cut by the Federal Reserve later in the day.

Spot gold was little changed at $2,571.28 per ounce. Bullion rose to a record high of $2,589.59 on Monday.

US g…

ABU DHABI: The UAE-India Defence Industries Cooperation Forum, co-organised by the Emirates Defence Companies Council (EDCC) and the Society of Indian Defence Manufacturers (SIDM), was held today in Abu Dhabi.

The event brought together a distinguish…

DUBAI: Ryan McPherson, Regional Director, Middle East and Africa at the Energy Industries Council (EIC), hailed the UAE’s rapid progress in clean energy.

He highlighted the nation’s bold, all-encompassing strategy that harnesses solar, wind, green hy…

ABU DHABI: The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 50 basis points, from 5.40 to 4.90 percent, effective from 19th September.

This decision was taken following the US …

The Qatar International Centre for Conciliation and Arbitration (QICCA) at the Qatar Chamber has launched a new package of electronic services via its website.

This comes in the context of QICCAs strategy to enhance its digital infrastructure and pro…

European shares were flat on Wednesday, as investors stayed on the sidelines ahead of an all-important interest rate decision by the US Federal Reserve that could mark the beginning of a monetary-easing cycle in the world’s largest economy.

The pan-E…

ABU DHABI: Etihad Airways, the national airline of the UAE, is spotlighting its successful Indonesian routes at this week’s Bali International Air Show, after unveiling plans to boost flights to Bali and Jakarta in Summer 2025.

The airline has reveal…

SHARJAH: H.H. Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah, in the presence of Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq), inaugurated the seventh edition …