UAE

The UAE financial markets continued to rise at the beginning of Friday’s trading, the end of the week’s session, as the Abu Dhabi market rose by 0.25% to 9880 points, while the Dubai market rose by 0.08% to 3,354 points with the support of major stocks, and in conjunction with …

Dubai Courts obligated the former board of directors of the declared bankruptcy company, Marka, to return 513.5 million dirhams in favor of creditors. According to the lawsuit file dated October 5, 2022, a copy of which was reviewed by the Gulf News, the Dubai Court of First Instance ruled in …

Lebanese banks have unanimously decided to close their doors to customers indefinitely after a series of raids by depositors seeking to restore their frozen deposits in the banking system, according to bankers to “Reuters”. The two bankers stated that the banks will continue their urgent operations for clients, and back …

A Kuwaiti government source confirmed that the members of the new government who were appointed the day before yesterday, Wednesday, have put their resignations at the disposal of Prime Minister Sheikh Ahmed Nawaf Al-Ahmad Al-Sabah, Kuwaiti newspaper Al-Qabas reported yesterday. This comes after the state of popular and parliamentary rejection …

An Amazon spokeswoman said in an emailed statement Thursday that the company will stop live testing of its Amazon Scout delivery robot after the US retailer realized that the software did not fully meet the needs of its customers. Spokeswoman Alyssa Carroll added that the company is now working to …

“The best day on which the sun has risen is Friday, on which Adam was created, on which he was entered Paradise, and on which he was expelled from it, and the Hour will not begin except on Friday.”. As a day of obedience through the Sunnahs desired by the …

The strong appreciation of the US dollar is expected to pressure US corporate earnings for the third quarter, which could present another hurdle for stocks in a year that has already seen a painful downturn in the market. The dollar index, which measures the performance of the US currency against …

The Indian rupee fell to above 82 per dollar, a record low, on Friday, after US Federal Reserve officials reiterated the need to raise interest rates, while the Reserve Bank of India is likely to intervene to limit interest rates. The rupee was trading at 82.32 per dollar by 0436 …

The UAE ranked among the top twenty in the index of the fastest growing markets in the world, according to a report by the British Economist magazine between 2022 to 2050, outperforming major countries such as China, Turkey, Mexico, Kazakhstan, Nigeria and Colombia. According to the report, the UAE economy …

Today, October 7, marks the 32nd anniversary of the death of the late Sheikh Rashid bin Saeed Al Maktoum, may God rest his soul. Where the march of the late constitutes important stations in the history of nation-building, which produced qualitative paths for development and construction, which leads us to …