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The global oil market is rebalancing after damage to demand wrought by the COVID-19 pandemic was met with curbs on output by producers from the Organization of the Petroleum Exporting Countries (Opec), the group’s president said on Tuesday.
India’s finance ministry is considering cutting excise duties on petrol and diesel to cushion the impact of record high domestic prices, three government officials close to the discussions said.
The Brazilian Trade and Investment Promotion Agency (Apex-Brasil) has announced that participants from the country closed business deals estimated at a total of $33.2 million at the recently concluded Gulfood 2021 in Dubai.
South Korea is drafting an extra budget of 15 trillion won ($13.38 billion), it said on Tuesday, to boost support for small businesses and safeguard jobs as the resurgent coronavirus forces the government to retain social distancing
British house price growth picked up unexpectedly last month, mortgage lender Nationwide said on Tuesday, defying expectations of a slowdown as finance minister Rishi Sunak readies new budget measures to boost the market.
Australia’s central bank (CB) on Tuesday affirmed its pledge to keep interest rates at historic lows as policymakers battle to stop surging bond yields disrupting the country’s surprisingly strong economic recovery.
Market benchmarks in Tokyo, Shanghai and Hong Kong declined. Seoul and Sydney advanced.
Brent crude dropped 70 cents, or 1.1%, to $62.99 a barrel by 04:57 GMT while US West Texas Intermediate (WTI) crude fell 71 cents, or 1.2%, to $59.93 a barrel.
Spot gold eased 0.3 % to $1,717.99 per ounce by 06:33 GMT while US gold futures slipped 0.4% to $1,716.10.
The Department of Tourism and Commerce Marketing (Dubai Tourism) has provided a positive outlook of the industry at a meeting held with key stakeholders and partners and highlighted the robust new safety
The Invest bank reduced its losses by 38 per cent to Dhs356.3 million by the end of 2020, compared to losses of Dhs579.4 million during the same period in 2019.
The UAE is all set to have its first AI driver evaluation hub using the latest technology that will enable a data-based driver evaluation enhancing the existing procedures with a much deeper, biometric, insight into the drivers’ behaviour.
DP World, UAE Region, the leading smart trade enabler, has announced the completion of implementing ZODIAC, a terminal operating system (TOS), in Jebel Ali Port’s Container Terminal 3 (CT3).
Etihad Airways, the UAE national airline, has signed a Memorandum of Understanding (MoU) with Hub71, Abu Dhabi’s global tech ecosystem, to support the...
The Brazilian Trade and Investment Promotion Agency (Apex-Brasil) has announced that participants from the country closed business deals estimated at ...
The Department of Tourism and Commerce Marketing (Dubai Tourism) has provided a positive outlook of the industry at a meeting held with key stakeholde...
The Invest bank reduced its losses by 38 per cent to Dhs356.3 million by the end of 2020, compared to losses of Dhs579.4 million during the same perio...
The UAE is all set to have its first AI driver evaluation hub using the latest technology that will enable a data-based driver evaluation enhancing t...
DP World, UAE Region, the leading smart trade enabler, has announced the completion of implementing ZODIAC, a terminal operating system (TOS), in Jebe...
Smart Dubai revealed the progress of 41 government entities who implemented the Dubai Paperless Strategy, where they sought to reduce their paper cons...
Adnoc Logistics & Services (Adnoc L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (Adnoc), on Monday announced the acq...
The global oil market is rebalancing after damage to demand wrought by the COVID-19 pandemic was met with curbs on output by producers from the Organi...
Global stock markets and Wall Street futures declined on Tuesday after a selloff in the US Treasury debt eased, helping to allay concern about a possi...
India’s finance ministry is considering cutting excise duties on petrol and diesel to cushion the impact of record high domestic prices, three governm...
South Korea is drafting an extra budget of 15 trillion won ($13.38 billion), it said on Tuesday, to boost support for small businesses and safeguard j...
British house price growth picked up unexpectedly last month, mortgage lender Nationwide said on Tuesday, defying expectations of a slowdown as financ...
Australia’s central bank (CB) on Tuesday affirmed its pledge to keep interest rates at historic lows as policymakers battle to stop surging bond yield...
Brent crude dropped 70 cents, or 1.1%, to $62.99 a barrel by 04:57 GMT while US West Texas Intermediate (WTI) crude fell 71 cents, or 1.2%, to $59.93 ...
