Finance & Business

Capitals, March 15 / Gold prices declined during today’s trading, losing more than $9.7 in spot transactions, to fall again below the $1900 barrier. And by 01:52 pm Emirates time, the yellow metal fell by 0.48%, or the equivalent of $ 9.25, to reach $ 1894.8 an ounce. Gold contracts …

The volume of domestic tourism spending in Dubai increased during 2022 by 35.3%, to reach 13.6 billion dirhams ($3.7 billion), compared to 10 billion dirhams in 2021, according to the expectations of the World Travel and Tourism Council. The continuous increase in the volume of spending from domestic tourism reflects …

Tokyo, March 13: The ninth session of the Abu Dhabi-Japan Economic Council kicked off today in the Japanese capital, Tokyo, to discuss ways to enhance prospects for economic, trade and investment cooperation, and explore new economic opportunities of common interest. The work of the ninth session of the Council focuses …

-9.1 billion dirhams (equivalent to about $2.5 billion) of the total proceeds collected by the subscription. The market value of “ADNOC Gas” is approximately 182 billion dirhams at the time of acceptance of the listing based on the final offer price of 2.37 dirhams per share, making it the largest …

Ajman, on March 12, His Excellency Marwan Ahmed Al Ali, Director General of the Department of Finance in Ajman affirmed the Department’s commitment to intensify its efforts to develop government financial work in the Emirate of Ajman by strengthening the capabilities of financial employees and refining their financial skills in …

Muscat 20 Shaaban 1444 AH corresponding to March 12, 2023 AD The Muscat Stock Exchange index “30” closed today at 4862.32 points, up by 12.8 points, or 0.26 percent, compared to the last trading session, which amounted to 4849.54 points. The trading value amounted to 4 million 186 thousand and …

Abu Dhabi, March 12 / The Audit Committee of the Board of Directors of the Emirates Banks Federation held its first meeting for the year 2023 remotely, to discuss a number of important issues and review the financial statements for the year 2022 and the federation’s internal audit reports. The …

Tokyo, March 12 / Tomorrow, in the Japanese capital, Tokyo, the work of the ninth session of the Abu Dhabi-Japan Economic Council will begin to discuss ways to enhance prospects for economic, trade and investment cooperation and explore new opportunities within a number of strategic economic sectors of common interest, …

Capitals 18 Shaaban 1444 AH corresponding to March 10, 2023 AD European stocks fell to their lowest level in the past 7 weeks today, as financial stocks caused a general decline in the markets, after a US bank warned about the resilience of the sector’s balance sheets in the face …

London 18 Shaaban 1444 AH corresponding to March 10, 2023 AD Today, the pound sterling recorded a slight increase against the US dollar, equivalent to 1.20%. The pound traded at the end of trading at 1.2063 dollars, while it rose against the single European currency by 0.43%, to 1.1310 euros.