Browsing: Business

ADNOC, a reliable and responsible provider of energy with low carbon intensity, announced today a bold new strategy to decarbonize its operations globally. In November 2022, ADNOC’s Board of Directors approved its Net Zero by 2050 ambition and accelerated delivery

Markets fell Monday evening ahead of the latest Federal Reserve meeting minutes and a flurry of economic data. Dow Jones Industrial Average futures fell 72 points, or 0.2%. Nasdaq 100 futures fell 0.44% and S&P 500 futures lost 0.28%. In

Dnata, a global air and travel services provider, has broken ground on its new 20,000 m2 cargo warehouse, which will expand its operations at Erbil International Airport (EBL). Up to 50 additional jobs will be created by the facility, which

The International Monetary Fund (IMF) chief Kristalina Georgieva warns that this year will be tougher on the global economy than last year. In a CBS Sunday interview, she said the US, EU, and China are all slowing down simultaneously. “One

There is a rapid increase in wages in the Euro zone. The European Central Bank should take steps to prevent this from adding to already high inflation, according to ECB President Christine Lagarde. The ECB has raised interest rates by

It has been reported by the Arab Monetary Fund (AMF) that the UAE ranked first in the Arab world in terms of the value of manufactured exports in 2021, with a total value of $142.5 billion. According to the AMF’s

Gold futures settled unchanged at $1,826.2 on the last trading day of 2022, while spot gold rose 0.2% to $1,818.70. The yellow metal rose on Friday, as the non-yielding metal is on track to close the quarter at its highest

Joe Biden signed a spending bill worth $1.7 trillion on Thursday that will fund the federal government through September 2023, the end of the federal budget year. Just before Christmas, the Democratic-controlled House passed the bill 225-201, mostly along party

Logan Paul, a YouTuber-turned-boxer, purchased a NFT for $623,000 from the Azuki collection. There has been a massive downturn in the crypto market and the NFT niche in particular, resulting in a significant decline in the value of many assets.

The market was awash with predictions predicting new record highs for bitcoin in 2022, from Tim Draper to top crypto executives. Others were less optimistic, and some correctly predicted bitcoin would sink below $20,000, even as low as $10,000. However,