The S&P 500 has risen the last four sessions, extending the positive momentum after last weekend's trade talks resulted in...
Washington expressed optimism at the end of a weekend of trade talks with China aimed to de-escalate trade tensions sparked...
Frankfurt, Germany - The European Central Bank delivered a smaller interest rate hike Thursday as higher borrowing costs begin to take...It was the seventh-straight increase in the ECB's unprecedented campaign of monetary tightening that began last year after costs of everyday goods began to soar.
Thursday's increase brings the ECB's deposit rate to 3.25 percent, its highest level since 2008.
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has added Samsung Pay to its many options for customers to...
The firm says sales declined in Europe and China.Overall vehicle sales declined by 1.5 percent year-on-year, with a 6.6 percent slide in China and a 1.9 percent decrease in Europe.
In Europe, "the environment was characterized by persistent inflation and high interest rates," BMW said.
BERN, SWITZERLAND - The UAE discussed bolstering strategic relations and cooperation in various development, economic and financial fields of common...A UAE minister said financial dialogue offers opportunities for collaboration between both countries to achieve further growth and prosperity.
He also mentioned that the global economy went through fast developments since both parties last met in Abu Dhabi in March 2022.
Dubai, UAE - ZāZEN Properties, a sustainable property developer in the United Arab Emirates (UAE), has noted a surge in...With overall property prices increasing, residents are searching for the best ways to invest their money, whether as a long-term profitable option or to live in the property
Also, due to the overall increase in mortgage and rental rates investing in one or two-bedroom units versus larger apartments or townhouses has become preferable
Abu Dhabi, UAE— AD Ports Group will add drydock services to its portfolio at Khalifa Port in an expansion of...The port with the expansion in services, from container and cargo handling, vessel repairs and maintenance, is aiming to improve client service
The CEO of AD Ports said the addition of new service will drive growth and enhance the company's competitive position in the market
Cairo, Egypt--Egypt’s current account deficit fell 77.2 percent to $1.8 billion in the first half of the North African country’s...The drop in the deficit was caused by current account turning a $1.41 billion surplus last year as imports dropped and exports soared
According to S&P Global's report, the downturn in the business sector softened in April as cost inflation fell to a on-year low
Doha, Qatar - Inbound visitors to Qatar surged by 183.5 percent YoY in March, according to the 111th issue of...The total number of visitors reached 433,000 in the month, a rise of 11% over February
Gulf Cooperation Council visitors accounted for the highest number at 38%
To prevent a damaging oil spill in the Red Sea, the UN Development Programme in March took the unprecedented step...Hayel Saeed Anam Group, which in August contributed $1.2 million to UN clean-up campaign, made the appeal hours before a virtual donor conference hosted by Britain and Netherlands
The Safer's 1.1 million barrels contain four times as much oil as that spilled in the 1989 Exxon Valdez disaster off Alaska, one of the world's worst ecological catastrophes
Abu Dhabi, UAE--The property market in Abu Dhabi has recorded 5,472 property sales and mortgages valued at US$7.62 billion in...The emirate recorded a 147 percent jump in the value of real estate transactions during the first quarter of 2023 compared to the same period of last year
The Department of Municipalities and Transport has reported an increase in the value of mortgage transactions to $3.18 billion during the first quarter
