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Finance & Business

The pound is heading for a third week of gains

The British pound fell slightly on Friday, but it is still heading towards recording the third consecutive weekly increase against the US dollar. Analysts expect the sterling to remain fragile as central banks, including the Bank of England, continue to tighten monetary policy even though the recession is expected to …

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Gold prices rise with the dollar’s decline

The price of gold rose on Tuesday as the dollar weakened, while investors’ focus turned to the minutes of the US Federal Reserve’s November meeting in search of guidance on future interest rate hikes. And gold rose in immediate transactions 0.4 percent to $ 1745.13 an ounce (an ounce) at …

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“Americana Restaurants” raises the percentage of the individual segment in the UAE to 10%, reduces the shares available for qualified institutions to 80% of the total offering

Americana International Restaurants Company announced an increase in the number of shares available to individual investors in the UAE in its initial public offering from 5% to 10% of the total offering shares, to become similar to the percentage of individual investors in the Kingdom of Saudi Arabia. There is …

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Gold is rising due to the decline in the dollar

Gold prices rose on Friday, due to the decline in the US dollar, but it is still heading towards incurring its first weekly loss in three weeks, affected by indications from officials of the Federal Reserve (the US central bank) that more interest rate hikes are on the way. By …

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6 dollars gold gains in spot trading

November 11 Global gold prices rose during today’s trading, gaining more than $6 in spot trading. According to global market data, the prices of the yellow metal rose in spot transactions by 0.34%, or the equivalent of $6.04, to reach $1,761.62 per ounce, by 09:50 AM UAE time. Gold futures …

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