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British ministers head to the GCC for talks on new trade deal

Britain’s new trade ministers visited the Gulf region on Monday in a first joint visit for talks on a possible trade deal, the government said. Trade secretary Jonathan Reynolds and...

Markets Marcus Robinson -

Saudi Fund for Development signs first loan agreement with Dominica

Saudi Fund for Development (SFD) formalised its first development loan agreement with the Commonwealth of...

Finance Victoria Winston -

How Abu Dhabi’s investment legacy is fostering economic development

Abu Dhabi and the UAE have long been recognised as important investors in the...

Banking Aditya Dave -

UAE unveils ‘Invest in the Emirates’ campaign, fronted by Idris Elba

The UAE government has unveiled its ‘Invest in the Emirates’ campaign, fronted by Hollywood...

News Shreya Rajput -

UAE, Australia reach trade deal to boost exports, investment

The UAE has reached a trade agreement with Australia that is expected to boost...

Forex Sameer Shah -

Latest

Porsche AG posts Q1 profit drop on ramp-up costs

Porsche (P911_p.DE), opens new tab on Friday reported a 30% drop in first-quarter operating profit, citing higher investments in what the German luxury carmaker has called...

ADX implements insider trading ban ahead of Q3 financial disclosures

The insider trading prohibition period mandated by the Abu Dhabi Securities Exchange (ADX) commenced on September 16, pending the full disclosure of Q3 2024 financial...

Congested match schedule reaching tipping point, says Premier League boss

Premier League chief executive Richard Masters believes the congested fixture schedule may have reached a tipping point due to the steady increase of regional...

Fed seen on track for Sept start to US rate cuts

U.S. Federal Reserve policymakers sifting through the latest inflation data will find little to fuel a sense of urgency to cut interest rates, but...

Rorix Holdings’ Finstreet unveils regulated digital trading platform at ADGM

Finstreet, a subsidiary of Rorix Holdings under the International Holding Company (IHC), has secured eight licenses to launch the first regulated digital trading platform...

Investors brace for 5% Treasury yields as US inflation worries mount

As U.S. inflation worries grow, some investors are preparing for the 10-year U.S. Treasury yield to breach a 16-year high of 5% hit last...

France ready to finance Morocco’s 3GW power link to Western Sahara

France is ready to participate in funding a 3 gigawatt power cable linking the Moroccan city of Casablanca to the town of Dakhla in...

Egyptian delegation in Israel for talks on Gaza hostages

An Egyptian delegation met Israeli counterparts on Friday, looking for a way to restart talks to end the war in Gaza and return the remaining Israeli...

Engie to divest from Morocco’s Safi coal plant before 2027

French energy firm Engie (ENGIE.PA), opens new tab plans to sell its stake in Morocco's largest coal plant in Safi (SAFIEC), to focus on renewables and...

European bank stocks at highest since 2015 after earnings boost

European banking stocks hit their highest level since 2015 on Friday, helped by first-quarter earnings that beat forecasts and signalled lenders remained in a...

What’s going on with the planned international mission to Haiti?

Haiti's transitional presidential council has taken over in what many hope marks a first step towards returning security to a country where escalating gang control has...

French ratings reprieve reason to push harder on budget, minister says

France should step up its efforts to revive its public finances and meet its medium-term fiscal target, Finance Minister Bruno Le Maire said on...

Abu Dhabi’s Etihad Airways plans IPO no earlier than 2025, report says

Abu Dhabi’s ADQ is reportedly considering listing Etihad Airways on the local exchange no sooner than 2025 in what is potentially the first privatisation of a...

Consumer spending, investment boosts French first quarter growth

The French economy gained momentum in the first quarter, growing slightly faster than expected thanks to a pick-up in consumer spending and business investment,...

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