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Global shares slipped off record highs on Friday as gloomy data reminded investors of the struggles facing the economic recovery, curbing a rally fuelled by hopes of US stimulus by newly inaugurated President Joe Biden.
A slowdown in eurozone business activity accelerated in January, making a new recession almost certain as the COVID-19 pandemic continues to batter the economy, a key survey showed on Friday.
Etihad Credit Insurance (ECI), the UAE’s Federal export credit company, has signed an agreement with Masdar, Abu Dhabi Future Energy Company, to work on initiatives aimed at supporting investment in renewable projects
British retailers struggled to recover in December from a partial coronavirus lockdown the previous month, marking a weak end to their worst year on record, while public debt has climbed to its highest since 1962, official data showed on Friday.
As European countries impose fresh lockdowns, data shows the deteriorating situation of the economy.
US West Texas Intermediate (WTI) crude futures dropped 53 cents, or 1%, to $52.60 a barrel while Brent crude futures fell 45 cents, or 0.8%, to $55.65 a barrel.
Spot Gold fell 0.3% to $1,863.56 per ounce while US Gold futures declined by 0.1% to $1,863.90.
European Central Bank chief Christine Lagarde warned on Thursday that the pandemic still poses “serious risks” to the eurozone economy as concerns grow about new virus variants and sluggish vaccination campaigns.
The UAE SMEs sector contribute to more than 53 per cent of the UAE’s non-oil GDP, and this percentage is expected to rise to 60 per cent by the end of 2021, and to higher levels in the coming years,
The Abu Dhabi Fund for Development (ADFD) continued to advance its sustainable development agenda within the country and abroad through clean-energy initiatives.
Eng. Tariq Al-Mulla, Egyptian Minister of Petroleum and Mineral Resources, has signed the concession agreement with Mubadala Petroleum for oil and gas exploration activities in the Red Sea Block 4 (Block 4),
Positive global cues and expectations of healthy quarterly results, along with that of a supportive Union Budget FY22, powered the ascent of India’s barometer index -- the S&P BSE Sensex -- to cross the 50,000 mark on Thursday.
The Bombay Stock Exchange's Sensex index rose 0.5 per cent passing the 50,000 marks. Mumbai's main Sensex index was up 344 points or 0.69 per cent at 50,137 points at 1130 am (0600 GMT). The Nifty 50 was up 93 points or 0.64 per cent at 14,738 points.
Etihad Credit Insurance (ECI), the UAE’s Federal export credit company, has signed an agreement with Masdar, Abu Dhabi Future Energy Company, to work ...
The UAE SMEs sector contribute to more than 53 per cent of the UAE’s non-oil GDP, and this percentage is expected to rise to 60 per cent by the end of...
The Abu Dhabi Fund for Development (ADFD) continued to advance its sustainable development agenda within the country and abroad through clean-energy i...
Eng. Tariq Al-Mulla, Egyptian Minister of Petroleum and Mineral Resources, has signed the concession agreement with Mubadala Petroleum for oil and gas...
Dubai saw its Consumer Confidence Index during the last quarter of 2020 rising to the highest level since the third quarter of 2017. The Q4, 2020 Inde...
The UAE is looking forward to working closely with the Biden Administration on global efforts to mitigate climate change while accelerating post-COVID...
The Abu Dhabi Executive Council has approved a framework between Abu Dhabi government and Aldar Properties for the development of capital projects wor...
In the presence of Sheikh Hazza Bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, the Abu Dhabi Sustainability Week Summit got unde...
Global shares slipped off record highs on Friday as gloomy data reminded investors of the struggles facing the economic recovery, curbing a rally fuel...
A slowdown in eurozone business activity accelerated in January, making a new recession almost certain as the COVID-19 pandemic continues to batter th...
Egypt’s state companies have been enjoying robust earnings, an official data shows, acting as a growth driver and eclipsing the private sector despite...
British retailers struggled to recover in December from a partial coronavirus lockdown the previous month, marking a weak end to their worst year on r...
The blue-chip NSE Nifty 50 index fell 0.04% to 14,585.30 and the benchmark S&P BSE Sensex slipped 0.1% to 49,556.13.
US West Texas Intermediate (WTI) crude futures dropped 53 cents, or 1%, to $52.60 a barrel while Brent crude futures fell 45 cents, or 0.8%, to $55.65...
