Articles
UAE and Georgia start CEPA talks to boost trade and economic ties
Comprehensive Economic Partnership Agreement will explore removing or reducing tariffs and improving market access
Lebanon's inflation persists at 162% as IMF calls for reforms
Cost of water, electricity, gas and other fuels increased nearly fivefold in August
Euro crashes to record low against dollar as Italy's Giorgia Meloni and far-right win
European country has about $2.65tn of a sovereign-debt market, the world's third largest after US and Japan
Burjeel IPO: UAE healthcare provider to sell 11% stake and list on ADX
Group consists of 61 assets, including hospitals and medical centres, across the UAE and Oman with its shares expected to start trading on the Abu Dhabi Securities Exchange on October 10
Pound sinks to record low against US dollar after UK announces biggest tax cut
Sterling fell to about 1.033 against the greenback on Monday after the UK government said last week increased borrowing would fund the country's biggest tax cuts in five decades
Euro slides to 20-year low as right-wing party poised to win Italian elections
The single currency has lost about 15% of its value against the greenback this year and is trading below 97 cents to the US dollar
Dubai toll operator Salik raises over $1bn from DFM listing
Offering was more than 49 times oversubscribed across all tranches, with total gross demand at $50bn
Gulf central banks raise interest rates after US Fed's increase
The US Federal Reserve raised its key policy rate by 75 basis points to fight inflation, which is at a four-decade high
Oil rallies after Putin calls up army reserves and warns he is not bluffing
Rising tension sends the US dollar higher against major currencies
Jadwa Investment raises Saudi Arabia's growth forecast to 8.7%
Investment bank projects government revenue to reach about $357bn in 2022
Dubai toll operator set to raise more than $1bn after boosting IPO size
Emirate's government will now sell a 24.9% stake in the company due to strong investor demand
Oil climbs but posts third weekly loss on recession fears
The US Federal Reserve could raise rates by 75 basis points to 100 bps to tame inflation, which is at a 40-year high
Markets rattled as US inflation exceeds estimates
Consumer prices rose by 8.3% last month, keeping pressure on Federal Reserve to raise interest rates
Dubai toll operator Salik aims to raise $817m in IPO
Company plans to start paying dividends twice annually, in April and October of each fiscal year
Oil prices continue to fluctuate amid demand concerns
Swiss bank UBS reduced its price forecast for oil by $15 per barrel but still holds a positive outlook on crude prices
