Wednesday, April 29

Business

S&P Global Ratings said motor insurers in the UAE, who increased their premia by up to 50% for certain coverage over the past year citing frequency and costs of claims, are likely to go in for another round of hikes in view of the recent floods.

Traders said profit-taking on long tin positions betting on higher prices weighed on the market later in the session. Benchmark tin traded 1.8% down at $34,950 a metric ton in official rings, having peaked at $36,050 for its highest since June 2022

More than 1000 global leaders, including heads of state and government, and thought leaders from across the public and private sectors, as well as from international organizations, academic institutions, and non-government organizations will participate in the two-day event convened by Saudi Arabia

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