Tuesday, January 7, 2025

Finance

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,...

It took 50 Years for climate change to top the Davos agenda

Calls for action didn’t come primarily from young activists like Greta Thunberg It took five decades for global elites to put climate change at the center of the World Economic Forum, the annual gathering in Davos, Switzerland, that’s meant to...

IMF: World economy to improve in 2020, but India responsible for ‘downward revisions’

Global growth will accelerate to 3.3% from 2.9%, marking the first pickup in 3 years The International Monetary Fund predicted the world economy will strengthen in 2020, albeit at a slightly slower...

No developer can impose rules on holiday homes in Dubai

New directives issued by DTCM to offer more clarity in running these businesses ALSO IN THIS PACKAGE List of public holidays in the UAE for 2020Coming up next:...

Trump to meet Iraqi President Saleh at Davos

Meeting first since tensions erupted over US killing of Iranian general, Iraqi commander Washington: US President Donald Trump will meet his Iraqi counterpart and the head of the European Union executive body...

France, US agree to extend digital tax row talks

Macron and Trump have 'great discussion' over phone on issue Paris: Emmanuel Macron and Donald Trump have agreed to extend negotiations on a dispute over a French tax on digital giants to...

UAE wants its family businesses to go public

Draft law expected to ease owners’ concerns of how much stake they should sell ALSO IN THIS PACKAGE Mohammed bin Rashid Solar Park phase 3 operational in AprilThe...

Growth of regional logistics to intensify in 2020, say experts

Logistics industry will also continue to witness a rapid advancement in technology ALSO IN THIS PACKAGE US becomes latest country to announce participation in Dubai Expo 2020Latest Pictures:...

UAE family office IPOs will help drive reform, analysts say

Listing UAE family businesses will bring in much-needed reform in markets, economy ALSO IN THIS PACKAGE UAE wants its family businesses to go publicSaudi healthcare firm said to...

Crunch time for Union Properties

Dubai developer to hold Board of Directors' meeting today ahead of key decisions Dubai: Union Properties will hold a Board of Directors’ meeting later today, with any decision taken having an outsized...

Latest News

Air Arabia launches new non-stop flights to Ethiopia

SHARJAH - Air Arabia has announced the launch of its new non-stop flights to Addis Ababa, the capital city...

Saudi Arabia: Hail, storm, heavy rain.. floods in Mecca and Medina, entire Saudi Arabia on high alert

Mecca and Medina are very holy pilgrimage sites in Saudi Arabia. Every year millions of Muslims from all over the world come here to...

Today Gold Rate in Saudi Arabia – 7th Jan 2025

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 – 7th Jan 2025

Today Gold Rate in Qatar Today Per tola is QAR 3,744.08 while 24k Per 10 Gram gold price is QAR 3,210.00. Usually people opt...

Today Gold Rate in Oman – 7th Jan 2025

Today Gold Rate in Oman Today Per tola is OMR 390.74 while 24k Per 10 Gram gold price is OMR 335.00. Usually people opt...