Browsing: Business

The Dubai International Financial Center (DIFC) announced that Lord Abbett (Middle East) Limited, a leading asset manager, was approved by Dubai Financial Services Authority (DFSA) for its first Middle East branch. The company’s investment and client-led proposition will now be

Indian Prime Minister Narendra Modi has stated that India, Israel, the UAE, and the USA are working together under the I2U2 framework. This is to increase investments in the fields of water, energy, environment, health, and space. With I2U2’s positive

During a two-day visit to Turkey from 13th-14th July, a UAE delegation led by Dr. Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, explored new opportunities for cooperation, primarily in energy, industry, and advanced technologies. Dr.

Due to the global rise in oil prices, Egypt’s Fuel Automatic Pricing Committee (FAPC) raised fuel prices on Wednesday by EGP0.5 to EGP1 per litre. Diesel prices for the electricity and food industries, however, remained unchanged. According to a statement

In just six years, India has become the third largest startup ecosystem in the world, according to Union Commerce and Industry Minister Piyush Goyal. Rather than controlling startups, the BJP government under Prime Minister Narendra Modi has acted as a

In Denmark’s capital Copenhagen, a 22-year-old man has been charged with murder in the deaths of three people at the Field’s Shopping Centre. Sunday’s attack killed two Danish citizens, both 17 years old, as well as a Russian citizen, 47

The Fourth of July saw global stocks mostly higher and U.S. futures fluctuating. There will be minimal activity in the markets today since American investors are on vacation. However, the Federal Reserve’s monetary policy strategy and the risks of recession

Airbus announced that China’s top airlines would purchase 292 planes from the European aerospace giant in a $37 billion deal. Airbus has received orders from Air China, China Eastern, China Southern, and Shenzhen Airlines for a total of 292 aircraft.

According to the country’s statistics bureau, Pakistan’s consumer price index (CPI) rose 21.3% from a year earlier in June, marking the nation’s highest inflation in 13 years. In May, the CPI increased 13.8% over last year. The month-over-month increase was

In terms of regulating the cryptocurrency market efficiently, the UAE, Japan and Singapore have emerged as trendsetters, according to a top European academic. As crypto assets have moved into the mainstream, their value has exploded over the past year, and