2023-09-23 18:17:15 Live: Two officials at the US Federal Reserve explained that at least one more interest rate increase is possible, and that there is a need for high borrowing costs to continue for a longer period so that the bank can reduce inflation to return to its 2% target. Boston Federal Reserve Bank President … Read more
2023-09-19 09:58:55 Abu Dhabi – Mubasher: Quasi-cash deposits in the UAE rose last July by 22 percent on an annual basis. According to data issued by the Central Bank of the Emirates, quasi-cash deposits reached 1.077 trillion dirhams last July, compared to 885.4 billion dirhams in July 2022, an increase equivalent to 191.7 billion dirhams. … Read more
2023-09-16 20:29:02 Live: Oil prices increased to their highest level during the year this week, continuing their rise, which strongly highlighted the possibility of returning to the level of $100 per barrel before the end of this year, according to the expectations of some analysts. Oil contracts have risen sharply this month so far, achieving … Read more
2023-09-14 05:18:08 Abu Dhabi – Mubasher: Bank deposits in UAE banks increased by 0.5 percent last July, by 10.9 billion dirhams, or the equivalent of 351.6 million dirhams per day. A report issued by the UAE Central Bank indicated the growth of bank deposits in state banks during the first seven months of this year … Read more
2023-09-07 05:16:03 Abu Dhabi – Mubasher: ADNOC Gas, the global gas processing company, has signed an agreement to supply liquefied natural gas with PetroChina International Limited, a subsidiary of PetroChina Limited, one of the leading oil and gas producers and distributors in China. The company stated, in a statement, that the value of the agreement … Read more
2023-09-04 20:26:14 Mubasher: By the end of trading today, Monday, gold prices headed towards a slight decline amid scant trading, supported by a slight decline in the dollar. There was little change in gold in spot transactions at $ 1939.61 an ounce, after it rose to the highest level in a month at $ 1952.79 … Read more
2023-08-30 05:20:11 Abu Dhabi – Mubasher: A report issued by the UAE Digital Government and Telecommunications Regulatory Authority showed that total spending on consumer goods via the Internet in the country during the past year amounted to about 42.26 billion dirhams. The report indicated that the number of digital buyers who used the Internet to … Read more
2023-08-22 01:23:36 Mubasher – Mahmoud Jamal: The market value of the American company, “Nvidia Corp”, increased by $ 90 billion in one day, amid raising its target prices and expectations of an increase in demand for its products, with the rise in the pace of demand for artificial intelligence, coinciding with the rise in the … Read more