Traders work on the floor of the New York Stock Exchange on Friday. Associated Press
Stocks rebounded on Tuesday, with Washington’s approval of an $892 billion pandemic relief package helping them recover some of the losses caused by fears over a highly infectious new strain of COVID-19.
While several countries are suffering a fresh surge in infections — particularly the United States — the ongoing easing of lockdown measures and reopening of economies has been the key driver of a months-long surge across equities.
The Federal Reserve says it will restore capital requirements for large banks that were relaxed as part of the Fed’s efforts to shore up the financial system during the early days of the pandemic.
The rapidly ascending technology brand realme has unveiled realme 11 5G, marking both the launch of this innovative smartphone and realme’s official entry into the UAE market. The official entry of realme into the UAE market with the launch of the realme 11 5G marks a significant milestone in the brand’s journey,
The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has signed four agreements with leading national entities to support the growth and prosperity of the private sector in the Emirate of Abu Dhabi. This comes in line with the Chamber’s strategic objectives to empower the private sector and unlock economic
With COP28 slated to take place in Dubai next month where countries will come together to deliberate on energy efficiency improvements, discussions around sustainability and climate change are picking up pace.
Nasdaq Dubai continues to lead in creating an ecosystem that supports sustainable finance. The listing of FIVE Holdings Green Bond enhances Nasdaq Dubai's total value of ESG classified bonds and sukuk listings, reaching $26.7 billion, and contributes to a total value of debt listed on the exchange totalling $118.34 billion.