Browsing: Business

MENA Newswire News Desk: Al Seer Marine, a subsidiary of International Holding Company (IHC), has expanded its fleet with the delivery of two new MR tankers, M.T. Betelgeuse and M.T. Bellatrix. These vessels are the first of six New Building MR tankers ordered

MENA Newswire News Desk: The United Arab Emirates and New Zealand have successfully concluded negotiations on a Comprehensive Economic Partnership Agreement (CEPA), marking a significant milestone in strengthening economic ties between the two nations. The agreement, once finalized, aims to

MENA Newswire News Desk: The Swiss National Bank (SNB) announced a 25 basis point cut to its policy rate on Thursday, bringing it down to 1.00%, marking the central bank’s third reduction in 2024. The move aligns with global trends,

MENA Newswire News Desk:  Abu Dhabi Finance Week (ADFW), the flagship financial event for the MEASA region, is set to return in 2024 under the patronage of H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu

MENA Newswire News Desk: Precious metals are shining brighter as gold hit an all-time high of USD 2,607 per ounce earlier this month, reflecting a surge of over 25% year-to-date. Experts point to the influence of macroeconomic uncertainties, geopolitical tensions,

MENA Newswire News Desk: The Central Bank of Egypt has announced plans to offer a portion of United Bank’s shares on the Egyptian Stock Exchange. The offering, intended to expand investor participation, is expected to be completed by the end

MENA Newswire News Desk: Amazon’s decision to require employees to return to the office full-time has sparked debate amid a growing trend of flexible work arrangements in the UK. As the global tech giant emphasizes in-person collaboration, the UK government

MENA Newswire News Desk: The total market capitalization of Arab stock exchanges reached $4.268 trillion by the end of August 2024, reflecting a 0.52% growth from July 2024, according to the latest figures from the Arab Monetary Fund (AMF). This

MENA Newswire News Desk: Stocks surged on Thursday as Wall Street celebrated the Federal Reserve’s significant rate cut. The Dow Jones Industrial Average rose by 380 points, or 0.9%, while the S&P 500 gained 1.5%, and the Nasdaq Composite surged

MENA Newswire News Desk: Rapaport Diamond Corporation and Dubai Multi Commodities Centre (DMCC) announced the largest polished diamond auction in Dubai’s history by the number of lots. The auction, to be held in the Dubai Diamond Exchange, will feature over