Emirates Press

US Federal Reserve holds interest rates steady at 3.75%-4.00%

Decision comes amid rising inflation and ahead of US midterm elections

Business2 days ago

Wall Street rebounds after initial drop post-Democratic win

Nasdaq futures recover from a 2.4% drop; AI stocks face scrutiny amid political shifts
Business2 days ago

Hedge & Sachs investors claim Dh500 million in halted payments

Company's Dubai offices closed; investors seek investigation and travel bans on management
Business1 week ago

UAE maintains key interest rate at 3.9% in October

Decision aligns with US Federal Reserve's unchanged rate amid inflation concerns
Business1 week ago

RAKEZ signs MoU with SICCI to boost South Indian business expansion in UAE

Over 15,000 India-linked firms now operate in Ras Al Khaimah Economic Zone, following new partnership with Southern India Chamber of Commerce and Industry
Business2 weeks ago

UAE investors show increased confidence with 21% investing in new businesses

Survey reveals UAE investors' optimism surpasses global peers, with significant inheritance expectations
Business2 weeks ago

Gulf nations may reduce reliance on Strait of Hormuz in five years

HSBC CEO highlights investment in alternative pipelines amid regional conflicts
Business2 weeks ago

Emirates NBD reports record Dh42.2bn income for nine months

Dubai bank's assets reach Dh1.38 trillion as loans and deposits surge