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    Dhs1.1b Islamic Treasury Sukuk issued for August 2024

    Dhs1.1b Islamic Treasury Sukuk issued for August 2024

    31 Aug 2024

    The Ministry of Finance, as the issuing authority, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, announced the results of the Dhs1.1...

    Stocks set to end turbulent month higher as US data sets stage for cut

    Stocks set to end turbulent month higher as US data sets stage for cut

    31 Aug 2024

    Global stocks edged higher in choppy trading and were on track for a fourth consecutive month of gains despite a bout of heavy selling in early August, buoyed by US...

    UAE participates in meeting of NDB Board of Governors

    UAE participates in meeting of NDB Board of Governors

    31 Aug 2024

    The UAE, represented by the Ministry of Finance, participated in the 9th Annual Meeting of the New Development Bank (NDB) Board of Governors for BRICS countries, held on 30th August...

    DMCC announces 21% increase in registered Colombian companies

    DMCC announces 21% increase in registered Colombian companies

    31 Aug 2024

    The Dubai Multi Commodities Centre (DMCC) has announced a 21 per cent rise in the number of companies joining from Colombia since the start of the year. The growth means...

    India’s real GDP grew by 8.2 per cent in financial year 2024

    India’s real GDP grew by 8.2 per cent in financial year 2024

    31 Aug 2024

    V Nagarajan India’s real GDP grew by 8.2 per cent in the financial year 2024 (FY24), surpassing the 7.0 per cent growth in FY23. Domestic inflation dropped to a...

    India outperforms other major economies even as growth slows

    India outperforms other major economies even as growth slows

    30 Aug 2024

    India’s economic growth slowed to 6.7% year-on-year in the April-June quarter as a decline in government spending during national elections weighed, data showed on Friday, but it remained the world’s...

    Fed seen poised for rate cut as inflation cools

    Fed seen poised for rate cut as inflation cools

    30 Aug 2024

    Federal Reserve policymakers on Friday got fresh confirmation that inflation is continuing to ease, clearing the way for a first interest rate reduction next month as they shift their focus...

    Starmer needs to lighten gloom and tell uplifting tale

    Starmer needs to lighten gloom and tell uplifting tale

    30 Aug 2024

    It looks as if Keir Starmer realised that he had overdone the doom and gloom in the weekend briefing about the Conservatives leaving the country in “rubble and ruin”....

    Emirates offers access to 1,700 cities beyond its network

    Emirates offers access to 1,700 cities beyond its network

    30 Aug 2024

    In the past year, Emirates has doubled the number of cities it offers beyond its network, unlocking travel opportunities to nearly 1,700 additional cities. This has enabled an average of...

    NMDC Energy’s IPO oversubscribed

    NMDC Energy’s IPO oversubscribed

    30 Aug 2024

    NMDC Group (NMDC) announced on Friday that the Initial Public Offering (IPO or Offering for 1.15 billion shares (Offer Shares) in its wholly owned subsidiary, NMDC Energy (NMDC Energy) has...

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