Tuesday, December 3, 2024

Finance

Brexit: Pound stable despite final EU goodbye

But all eyes will be on Bank of England’s Friday meeting and its stance on rates ALSO IN THIS PACKAGE The Link: Dubai's new architectural novelty, with a mega steel structure linking twin towers Want to rent a luxury car...

Dubai port operator DP World suspends staff travel to China

Facebook, LG Electronics and Stan Chart among firms restricting travel for staff to China DUBAI: DP World, one of the world’s largest port operators, has suspended all staff travel to China until further notice due to the coronavirus outbreak there. Companies...

US could approve Boeing 737 MAX before mid-year: source

The plane has been grounded since March following two deadly crashes NEW YORK: US air safety regulators could clear the Boeing 737 MAX to return to service before mid-year, a person close to the process said Friday. Boeing shares rallied following...

Mohammed bin Rashid Solar Park phase 3 operational in April

It has a capacity of 300MW of energy using photovoltaic technology across the solar farms 1 of 8 The 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park will be operational in April, the Dubai Electricity and Water...

In Hong Kong, eating out becomes politicised

An app informs users whether an outlet is rated yellow or blue, based on affiliations Hong Kong (Bloomberg): In deciding where to dine out in Hong Kong these days, many local residents are turning to a Yelp-like mobile app: Not...

Lebanon’s pound gets a respite for now

It is vital for new government’s chances to ensure level stays around 2,000 to dollar Beirut: The sharp slide of the Lebanese pound seems to have been arrested for now after a grouping of currency exchange houses set it at...

Delta fined $50,000 for discriminating against Muslim passengers

Department of Transportation said it found Delta "engaged in discriminatory conduct" Washington: Delta Air Lines was Friday fined $50,000 (Dh183,650) by the US Department of Transportation to settle allegations it discriminated against three Muslim passengers who were ordered off their planes. In...

After Months of Calm, Volatility Finally Resurfaces in Stocks

The S&P 500 fell almost 1 percent, its biggest drop in nearly four months On a day rife with reasons for optimism, stock investors absorbed their sharpest blow since October as creeping nervousness around a virus outbreak finally provoked some...

Accounting for each dime does pay off

Airline passengers have been big winners of US disclosure regulations, study finds New York: Have you ever shopped online for something (say, a hotel room) and selected an option with an excellent price only to learn, at the time of...

Fed seen holding rates steady and halting bill purchases by June

Forecast predicted no move in the federal funds rate until at least 2022 Federal Reserve policy makers will keep interest rates on hold this year and next, and will wind up their efforts to boost excess bank reserves by June,...

Latest News

New Taif International Airport to be offered for privatization under public-private partnership system

Applications for participation in the construction of the new Taif International Airport will end on January 10th. Details. Revealed Airports...

Saudi non-oil private sector posts strongest growth in 17 months

Maintaining this momentum will be essential to achieving the goals of Vision 2030 and ensuring long-term economic growth. Saudi Arabia’s non-oil private sector ended November...

Today Gold Rate in Dubai (UAE) in Dirham, 3rd Dec 2024

Today Gold Rate in Dubai (UAE) Today Per tola is AED 3,726.59 while 24k Per 10 Gram gold price is AED 3,195.00. Usually people...

Today Gold Rate in Saudi Arabia – 3rd Dec 2024

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 3,825.73 while 24k Per 10 Gram gold price is SAR 3,280.00. Usually...

Today Gold Rate in Qatar – 3rd Dec 2024

Today Gold Rate in Qatar Today Per tola is QAR 3,749.91 while 24k Per 10 Gram gold price is QAR 3,215.00. Usually people opt...