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Oil prices rose on Wednesday after a drop in US crude inventories reinforced Opec’s robust demand outlook, while the market awaited fresh updates on the Colonial Pipeline outage. US West Texas Intermediate (WTI) crude futures rose 29 cents, or 0.44%, to $65.57
China’s new bank loans fell more than expected in April while money supply growth slowed to a 21-month low, as the central bank gradually scales back pandemic-driven stimulus to reduce debt and financial risks in hot areas of the economy. The world’s second-largest
Toyota Motor Corp forecast its profit would bounce back to pre-pandemic levels this year, as the world’s biggest automaker exuded confidence it can tackle a global chip shortage that has stung its rivals. Japan’s top automaker, which has been stockpiling the
The Danish Government has confirmed its official participation in Expo 2020 Dubai, partnering the Danish Business Council at the six-month global gathering. Reem Bint Ibrahim Al Hashemy, Minister of State for International Cooperation, and Director General
Japanese stocks ended lower on Wednesday, tracking an extended sell-off in Asian shares, as investors refrained from placing big bets amid the Bank of Japan’s absence in supporting the market despite a sharp drop in the previous session. The Nikkei share average
Prime Minister Boris Johnson promised on Tuesday to “level up” Britain by tackling inequality and driving an economic recovery from the pandemic with a raft of laws presented to parliament by Queen Elizabeth.
Equity markets across the world tumbled on Tuesday as a fierce global selloff erupted on fears over spiking inflation, dealers said. London stocks dived 3.0 per cent, Frankfurt slumped 2.5 per cent and Paris shed 2.3 per cent in afternoon deals.
The UAE tourism sector has continued to recover during the first quarter of 2021, with the average hotel occupancy rates across the country nearing 63 per cent, according to initial data released by the tourist authorities.
Etihad Credit Insurance (ECI), the UAE Federal export credit company, and SACE, the Italian export credit company, have discussed collaboration in sustainable development projects,
Aldar Properties reported Dhs544 million in net profit for Q1-2021, a growth of 80 per cent year-on-year (YoY). The company said in a statement that its revenue increased 16% YoY to Dhs2.0 billion,
Indian shares snapped a four-session rally on Tuesday as financial and IT stocks slid amid worries that a potential acceleration in US inflation could lead to foreign fund outflows from the region.
Sustainable Energy Authority (SEA), the leading sustainability enabler in the Kingdom of Bahrain, and Etihad Energy Services Company (Etihad ESCO), a wholly-owned subsidiary of Dubai Electricity and Water Authority (DEWA),
SoftBank Group Corp-backed Better HoldCo said on Tuesday it will go public through a merger with a blank-check firm sponsored by investment firm Novator Capital, valuing the mortgage startup at $7.7 billion.
The Danish Government has confirmed its official participation in Expo 2020 Dubai, partnering the Danish Business Council at the six-month global gath...
The UAE tourism sector has continued to recover during the first quarter of 2021, with the average hotel occupancy rates across the country nearing 63...
Etihad Credit Insurance (ECI), the UAE Federal export credit company, and SACE, the Italian export credit company, have discussed collaboration in sus...
Aldar Properties reported Dhs544 million in net profit for Q1-2021, a growth of 80 per cent year-on-year (YoY). The company said in a statement that i...
Sustainable Energy Authority (SEA), the leading sustainability enabler in the Kingdom of Bahrain, and Etihad Energy Services Company (Etihad ESCO), a ...
Emaar Properties on Monday announced it has achieved significant increased property sales underscoring investors’ continued confidence in Emaar brand ...
The real estate and properties transactions valued at Dhs1.5 billion in total during the week ending 10 May 2021. The sum of transactions was 621.
Adnoc Distribution on Monday reported its first-quarter 2021 financial results, recording an underlying EBITDA of Dhs740 million with a net profit of ...
China’s new bank loans fell more than expected in April while money supply growth slowed to a 21-month low, as the central bank gradually scales back ...
Toyota Motor Corp forecast its profit would bounce back to pre-pandemic levels this year, as the world’s biggest automaker exuded confidence it can ta...
Oil prices rose on Wednesday after a drop in US crude inventories reinforced Opec’s robust demand outlook, while the market awaited fresh updates on t...
Amazon scored a major legal victory on Wednesday when an EU court annulled an order from the bloc’s powerful antitrust authority that Luxembourg recou...
Lower food prices sequentially eased India’s retail inflation in April as the Consumer Price Index (CPI) decreased to 4.29 per cent from 5.52 per cent...
Japanese stocks ended lower on Wednesday, tracking an extended sell-off in Asian shares, as investors refrained from placing big bets amid the Bank of...
Prime Minister Boris Johnson promised on Tuesday to “level up” Britain by tackling inequality and driving an economic recovery from the pandemic with ...
Equity markets across the world tumbled on Tuesday as a fierce global selloff erupted on fears over spiking inflation, dealers said. London stocks di...
