Trading

Doha: Baladna announced the commencement of the first phase of its powdered milk production project in Algeria.

In a statement, the company stated that it has initiated the early stages of the project by drilling exploratory water wells in various ar…

Gold prices on Wednesday fell to their lowest level in nearly two weeks, marking the fourth consecutive session of declines as markets adjusted to lower expectations for rate cuts at the US Federal Reserve’s upcoming policy meeting.

Spot gold fell 0….

The Japanese yen rallied on Wednesday, while riskier currencies such as the Australian dollar and sterling fell as traders awaited US jobs data.

The yen rose about 0.3% to 145.02 per dollar, following a 1% rally overnight against a broadly stronger d…

ABU DHABI: The Central Bank of the UAE (CBUAE) stated that demand for bank credit in the country is growing, supported by economic stability and strong investments, despite rising interest rates.

According to the Credit Sentiment Survey of the CBUAE …

The Qatari national team will meet Kuwaiti counterpart on Wednesday, in the third and final round of the first round of the 17th GCC Men’s Basketball Championship, which is hosted by Bahrain until Sep. 7.

The tournament is being held with the partici…

China will launch an anti-discrimination investigation into Canada’s tariff hike on electric vehicles as well as steel and aluminum products imported from China, the Ministry of Commerce said Tuesday.

China will also launch anti-dumping investigation…

South Korea’s consumer prices slowed to the lowest level in nearly 3 1/2 years in August on easing prices of farm produce and global oil, official data showed Tuesday.

Consumer prices, a key gauge of inflation, rose 2% on-year last month, compared wi…

SHARJAH: The Sharjah Chamber of Commerce and Industry (SCCI) has officially launched the Pakistan Business Council in Sharjah, marking a significant step towards expanding economic cooperation between the business community in the emirate and its coun…