Author: Steven Sahiounie

In its related report, S&P stated that the US Federal Reserve Board (FRB) could begin cutting interest rates in December 2024

The chamber’s continuing strong performance reflects the positive impact of its drive to advance Dubai’s economic development

The deal with Abu Dhabi sovereign fund ADQ to develop the 200 km (125 mile) peninsula includes a total of $35 billion in investments and is one of the biggest deals of its kind

Dubai’s benchmark stock index eased 0.2%

Most stock markets in the Gulf were subdued in early trading on Wednesday, as caution prevailed ahead of the U.S. inflation data for clues on the Federal Reserve’s interest rate cut strategy.

London’s FTSE 100 index rose to 8,474.41 points, extending its record-breaking run rooted also in interest-rate cut hopes

The net profit after tax stands at $30.51mln

Platform offers a private offering alternative to IPOs for family businesses, growth companies, and private companies

OIA also released the second edition of its mandatory list, expanding it to include over 100 additional local products and services

This strategic collaboration aims to speed up bank account openings and provide more reliable and secure banking solutions

Russian Prime Minister Mikhail Mishustin will chair the first meeting of the country’s new government. Late on Tuesday, Russian President Vladimir Putin appointed new ministers and deputy prime ministers and held a meeting with the new cabinet at the Kremlin. The cabinet was for the first time formed under a procedure established by the 2020 constitutional amendment. Before being appointed, all candidates were approved by parliament. Meeting’s agenda The meeting’s agenda includes a lot of financial issues. In particular, the government will discuss allocating funds to certain regions for housing resettlement and the restoration of buildings affected by spring floods.…