Browsing: Business
MENA Newswire News Desk: Russia’s Deputy Minister of Industry and Trade, Mikhail Ivanov, underscored the United Arab Emirates’ role as Russia’s largest energy partner in the Middle East and North Africa, speaking at the Abu Dhabi International Petroleum Exhibition and Conference
MENA Newswire News Desk: Aldar has officially announced the launch of Mamsha Gardens, a new residential project situated adjacent to Mamsha Al Saadiyat and the Saadiyat Cultural District on Saadiyat Island. This latest development aims to expand residential options in
MENA Newswire News Desk: The Central Bank of the UAE has reported an increase in the money supply aggregate M1, which grew by 0.6% to reach AED889.3 billion by the end of July 2024, up from AED884.1 billion at the
MENA Newswire News Desk: TECOM Group has reported a net profit of AED293 million for the first quarter of 2024, marking a 15% increase compared to the same period last year. This performance reflects solid financial and operational growth across
MENA Newswire News Desk – The Eurozone’s latest inflation data, reflecting a re-acceleration to a 2% annual rate in October, has influenced investor sentiment towards a more hawkish stance on the euro (EUR). This uptick challenges earlier expectations of a
MENA Newswire News Desk: The United Arab Emirates’ stock markets have seen a notable influx of high-value transactions this year, with a total of 764 deals amounting to AED58 billion across the Abu Dhabi Securities Exchange (ADX) and Dubai Financial
MENA Newswire News Desk: Japan’s oil imports for September 2024 reached 72.87 million barrels, with a dominant share of 81.4% coming from the Gulf Cooperation Council (GCC) nations, particularly the United Arab Emirates (UAE) and Saudi Arabia, according to the
MENA Newswire News Desk: PureHealth Holding reported robust financial results for the first nine months of 2024, reflecting significant year-on-year growth across key performance metrics. The company achieved a net profit of AED1.4 billion, marking a 13% increase, with overall
MENA Newswire News Desk: The Bank of Japan (BOJ) announced Thursday that it will maintain its policy interest rate at 0.25%, marking a continuation of its ultra-loose monetary approach. The BOJ stated that this decision aligns with its goal of
MENA Newswire News Desk: Dubai Aerospace Enterprise (DAE) has announced a net profit of $310.8 million for the first nine months of 2024, a 54.9% increase compared to the same period in 2023, reflecting an additional $110.2 million. This growth