UAE's Dh10 million fine warning: Listed firms face June 30 deadline for AGMs The Ministry of Economy and Tourism announced that registration renewal and AGM approval are now fully instant digital services, accessible through its official website 14h ago2 min read
Gold prices drop further in Dubai, losing more than Dh48 per gram in a month Gold is facing stronger fundamental headwinds than the traditional supportive factors investors typically rely upon during periods of uncertainty and geopolitical stress 17h ago2 min read
OPEC+ agrees fourth oil quota hike since Hormuz closure due to US-Iran war The seven of 21 OPEC+ members who met on Sunday are Saudi Arabia, Iraq, Kuwait, Algeria, Kazakhstan, Russia, and Oman 2 min read
SpaceX IPO running at two times oversubscribed, sources say The company remains in the early stages of the marketing process, sources cautioned. Investor demand is still subject to change before the IPO prices next week 2 min read
Wall St Week Ahead: Blockbuster SpaceX IPO set to test high-flying US stocks rally Investors will also assess data on consumer and producer prices, after the jobs report fuelled fears that the Fed would focus on calming inflation, potentially leading to interest rate hikes 3 min read
Bildco wipes out Dh464m losses, eyes fresh growth chapter The Abu Dhabi-listed building materials giant clears its balance sheet in a sweeping financial overhaul in a definitive turning point in its five-decade history 2 min read
Gold drops slightly, but $5,000 remains in sight, analysts say Most analysts view it as a temporary pause rather than the end of the bull market that has propelled gold to unprecedented levels over the past two years 4 min read
Dubai gold prices fall further, losing nearly Dh12 on June 5 If Strait of Hormuz stays closed for a long time, analysts say, this would keep global supply disrupted, holding oil prices high and prolonging heavy selling pressure on gold 2 min read
India ramps up support for faltering rupee after keeping policy rates unchanged A war-driven surge in crude prices and record foreign fund outflows have pushed the rupee down nearly 5 per cent to historic lows since the Gulf conflict erupted 3 min read
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