WASHINGTON: The US Federal Reserve decided in its meeting today to keep its benchmark overnight interest rate in the 5.25-5.50 percent range, their highest levels since 2001.
This is the eighth time that the US Federal Reserve has fixed interest rate…
AJMAN: The Department of Economic Development in Ajman (Ajman DED) has concluded the activities of the “Future Trader” programme, which involved 20 young students.
The accompanying exhibition, showcasing ten diverse projects that were the outcome of …
POINTE NOIRE: AD Ports Group, a leading facilitator of global trade, logistics and industry, has announced the completion of an environmental and social impact study, as part of its 30-year concession agreement with the Government of the Republic of t…
ABU DHABI: Borouge Plc has reported a 33% year-on-year (YoY) increase in second-quarter net profit to $308 million, powered by higher sales and cost efficiencies as the company recorded its highest ever production volumes.
Adjusted earnings before in…
ABU DHABI: The UAE fuel price committee has announced petrol and diesel prices for August 2024.
The new rates will apply from 1st August and are as follows:
Diesel: AED2.95 a litre.
Super ’98’: AED3.05 a litre
Special ’95’: AED2.93 a litre.
E-Plu…
ABU DHABI: Modon Holding has reported exceptional financial performance for the first half of 2024, delivering revenue of AED2.2 billion, a year-on-year increase of 333%, and gross profit of AED833.2 million, a year-on-year increase of 277%.
Modon Ho…
