Gold prices declined on Friday, but are poised to record gains for the 3rd consecutive week, amid hopes that the US Federal Reserve will cut interest rates in September.
Spot gold slipped 0.2% at $2,409.19 per ounce after rising 2% on Thursday. US go…
Oil prices went up on Friday amid signs of easing inflationary pressures in the United States, though the contracts were headed for a weekly decline.
Brent crude futures rose 33 cents, or 0.4%, to $85.73 a barrel. US West Texas Intermediate crude fut…
ABU DHABI: The total investments by banks operating in the country continued to rise steadily, reaching AED 666.2 billion at the end of April 2024, registering growth of 0.3% on a monthly basis, and 5% since the beginning of the year, according to ban…
GENEVA: With exports of creative economy products – audiovisual products, design, media, music, performing arts, publishing and visual arts – growing strongly in recent years, robust regulatory frameworks are necessary to ensure technologies like arti…
VIENNA: The Organisation for Economic Cooperation and Development (OECD) forecasts Austria’s GDP growth to recover to 0.2 percent in 2024 and 1.5 percent in 2025 as domestic demand improves, after the contraction of 0.7 percent last year, the latest O…
DUBAI: The Ministry of Finance has wrapped up its Government Financial Management Awareness Programme for the first half of the year, after offering nine courses attended by over 1,000 employees from 48 federal entities.
The programme provided compre…
ABU DHABI: The Central Bank of the United Arab Emirates (CBUAE) announced that monetary deposits increased by over 1.74 percent or AED13.1 billion in April, reaching AED764 billion, compared to AED750.9 billion in March.
According to CBUAE’s statisti…
MOSCOW: The Archipelago 2024 project, an educational intensive currently underway in Sakhalin, Russia until 21st July, aims to highlight new markets, industries, and technological initiatives emerging in the country.
According to TV BRICS, the intern…
