The ministers met in Manama to review a comprehensive fiscal balance programme. The Ministers of Finance of the Kingdom of Saudi Arabia, the United Arab Emirates, the State of Kuwait and the Kingdom of Bahrain today met in Manama to review a technical …
The Turkish lira lost about 20 percent of its value against the US dollar. (Shutterstock) The Central Bank of Egypt's monetary policy committee is expected to keep interest rates unchanged when it meets on Thursday despite concerns about inflation and …
Cryptocurrencies are not fiat currency as fiat currencies are part of a centralised system. (Shutterstock) Dr. Arindam Banerjee Associate Professor, Finance, Amity University, Dubai Campus argues that crypto is not suited as a means of exchange in Islamic …
The ministers met in Manama to review a comprehensive fiscal balance programme. The Ministers of Finance of the Kingdom of Saudi Arabia, the United Arab Emirates, the State of Kuwait and the Kingdom of Bahrain today met in Manama to review a technical …
US gold futures were down 0.47 percent at $1,195 an ounce. Gold prices fell to their lowest since January 2017 on Wednesday as the dollar hit an over 13-month peak on demand emerging from concerns about Turkey's financial turmoil. The greenback, in …
US gold futures were down 0.47 percent at $1,195 an ounce. Gold prices fell to their lowest since January 2017 on Wednesday as the dollar hit an over 13-month peak on demand emerging from concerns about Turkey's financial turmoil. The greenback, in …
During the event The Dubai Chamber of Commerce and Industry recently concluded a study mission to India which explored business opportunities within the country’s gems and jewellery sector. The study mission included visits to Mumbai and Delhi and …
Abdulla Mohammed Al Awar, CEO of DIEDC, and Les Male, CEO of DGCX, signed the agreement at the DIEDC offices The Dubai Gold and Commodities Exchange (DGCX) and the Dubai Islamic Economy Development Centre (DIEDC) today signed a Memorandum of Understanding …
Many commodities are falling victim to the dollar’s strength as risk-aversion trades gain popularity. Most agricultural assets are suffering from supply overhangs while metals continue to take the cue from gold and head lower. Oil prices have struggled to …
The sharp rise in the price of gold seen in the past few days off the back of the Turkish lira crisis. (Shutterstock) The currency crisis engulfing the Turkish lira has led investors to pursue the stability offered by safe havens such as gold, which saw a …
Aerial view - Dubai Square Emaar Properties (DFM: EMAAR)recorded revenue for the first half of 2018 of AED 11.474 billion (US$ 3.124 billion), 46 per cent higher than H1 2017 revenue of AED 7.866 billion (US$ 2.142 billion), led by strong construction …
Gold has had a rather hard time of it during the past several months, as we can see on its latest 1-year below, but its drop has been proportionate to the rally in the dollar, and is therefore unremarkable. What this drop has achieved, which is a useful …
The decision by Saudi Arabia to halt new investments and unload assets in Canada is likely to have limited impact. Saudi assets in Canada are confined mainly to stakes in upscale hotel operators, some small stock holdings in companies like Canadian …
Aug 09, 2018 (Baystreet.ca via COMTEX) -- Canada's main stock index rose on Thursday, as energy shares bounced back on higher oil prices and Saudi Arabia reassured Canada on oil supplies following an ongoing diplomatic dispute. The S&P/TSX …
(Reuters) - Canada’s main stock index rose on Thursday, as energy shares bounced back on higher oil prices and Saudi Arabia reassured Canada on oil supplies following an ongoing diplomatic dispute. A man walks past an old Toronto Stock Exchange (TSX) sign …
By Reuters Published: 10:18 EDT, 9 August 2018 | Updated: 10:18 EDT, 9 August 2018 Aug 9 (Reuters) - Canada's main stock index rose on Thursday, as energy shares bounced back on higher oil prices and Saudi Arabia reassured Canada on oil supplies …
Technical analyst Clive Maund charts gold and notes it has just entered into its most bullish season of the year. Gold has had a rather hard time of it during the past several months, as we can see on its latest 1-year below, but its drop has been …
Last month in Venezuela’s capital city of Caracas, a cup of coffee would have set you back 2 million bolivars. That’s up from only 2,300 bolivars 12 months ago, meaning the price of a cup of joe has jumped nearly 87,000 percent, according to Bloomberg’s …
NEW DELHI Gold prices edged higher after data showed that US job growth slowed more than expected in July, but labour market conditions continued to tighten. Overall precious metals continued to remain vulnerable to stronger dollar this week, as …
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