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Inayat-ur-Rahman, Business Editor Tecom Group said on Monday it raised Dhs1.7 billion ($462.87 million) from investors for its initial public offering (IPO). The company announced its plan on June...
The International Monetary Fund (IMF) on Friday slashed its US economic growth forecast as aggressive Federal Reserve interest rate hikes cool demand but predicted that the United States would “narrowly”...
The US dollar slipped on Friday and was heading for its first weekly decline this month as traders dialled down bets on where interest rates may peak and brought forward...
Staff Reporter, Gulf Today The Abu Dhabi Securities Exchange (ADX) has launched FADX 15 futures contracts trading on its derivatives platform. The futures, based on the FTSE ADX 15...
Stock markets chalked up modest gains on Monday after last week’s hefty losses as investors braced for a host of US Federal Reserve speakers this week, where they could underline...
The cryptocurrency industry was on edge on Monday morning as investors feared contagion from problems at major crypto players could unleash a major shakeout if not contained. Bitcoin which...
Ashraf Padanna, Correspondent Kerala’s three-day Vyapar 2022 business-to-business summit that concluded on Saturday has drawn facilitated trade deals worth Rs1.05 billion from 2,417 meets. An official statement issued by the...
The price of bitcoin fell below $20,000 for the first time since late 2020 on Saturday, in a fresh sign that the selloff in cryptocurrencies is deepening. Bitcoin, the most...
After all-night talks, members of the World Trade organisation early on Friday reached a string of deals and commitments aimed to limit overfishing, broaden production of COVID-19 vaccines in the...
Stock markets wobbled and oil prices sank on Friday over growing fears that inflation-fighting interest rate hikes by central banks could trigger recessions. Investors were shaken this week after the...
