Picture used for illustrative purposes.
The US economy unexpectedly contracted in the second quarter, with consumer spending growing at its slowest pace in two years and business spending declining,
Global stock markets mainly dropped on Friday, with investors focused firmly on the outlook for interest rate hikes as central banks battle to bring down sky-high inflation.
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.
Global equity benchmarks and oil prices rose on Friday while safe havens such as the dollar and US Treasuries dipped as hopes for a global economic recovery overshadowed the continued blockage of one of the world’s most vital shipping lanes.
The Sharjah Chamber of Commerce and Industry (SCCI) has organised the “Sharjah-Russia business forum” to discuss ways to boost economic ties and deepen
Ahmed Mahboob Musabih, Director General of Dubai Customs, CEO of Ports, Customs and Free Zone Corporation discussed with an Italian diplomatic and economic delegation headed
Dubai real estate is preparing for a new cycle of growth and record numbers, taking advantage of the changes taking place in the world,