Trading

The US Energy Information Administration (EIA) announced today an increase in crude oil, gasoline, and distillate inventories in the US over the past week.

The EIA, which serves as the statistical arm of the US Department of Energy, said in a report …

ABU DHABI: The total capital and reserves of banks operating in the UAE reached AED 495.2 billion at the end of June 2024, a year-on-year (YoY) increase of 10.6 percent compared to AED 447.8 billion in June 2023, according to the latest statistics of …

The dollar traded near a four-week high versus the euro on Thursday after signs of some stickiness in US inflation reinforced expectations that the Federal Reserve would avoid a super-sized interest rate cut next week.

The dollar gained against the y…

Doha: 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. 1-5 reached QAR 234,288,033, while the total sales contracts for the real estate…

The representative of Bahrain’s King for Humanitarian Work and Youth Affairs Sheikh Nasser bin Hamad affirmed the importance on Wednesday of attracting direct foreign investment.

He continued by saying that additionally making strategic partnerships…

Britain announced on Wednesday that it had signed a tripartite agreement with the United States and Australia to enhance strategic cooperation and address risks that threaten vital supply chains.

The British Department of Business and Trade (DPT) sa…

HONG KONG: The Ninth Belt and Road Summit, which opened today and runs for two days, has attracted around 6,000 political and business leaders from Belt and Road countries and regions, including government officials from approximately 10 countries, pr…

Chancellor Rachel Reeves confirmed an eight billion Pound Sterling (USD 10.4 billion) investment from Amazon Web Services, which is estimated to support thousands of jobs across the UK Treasury statement said The Chancellor secured the planned five-y…