Day: October 11, 2024

ABU DHABI: Hafeet Rail, the developer and operator of the UAE-Oman Rail Network, has partnered with Progress Rail, a Caterpillar company, to supply 27 state-of-the-art EMD SD70ACS heavy-haul freight locomotives. The locomotives will be custom-designed…

ABU DHABI: Etihad Airways is boosting its weekly flights between Abu Dhabi and Jaipur to ten a week from 15th December, 2024.

In a press release on Friday, the airline said that the announcement, coming less than four months after the airline began s…

ABU DHABI: 7X announced today the launch of Wayn, its digital P.O. Box platform, aimed at transforming the postal services in the UAE. The launch of Wayn aligns with the country’s national efforts to drive digital adoption and development and provide …

ABU DHABI: The Abu Dhabi Securities Exchange (ADX) saw today 44 large direct deals executed on the stock of Fertiglobe.

According to market data, the trade was executed on 4.15 billion shares with a value of AED13.28 billion at an execution price of …

South Korea’s central bank on Friday cut its key benchmark interest rate, its first pivot in its years-long monetary tightening mode, as inflation continued to moderate and the property market showed signs of cooling.

The Bank of Korea (BOK) slashed…

Oil eased on Friday after a rally the previous day, but prices remained set for a second straight weekly gain as investors weighed the impact of hurricane Milton on US demand against any broad supply disruption due to the developments in the Middle E…

Gold prices rose on Friday after recent economic data supported bets for a Federal Reserve interest rate cut next month.

Spot gold rose 0.6% to $2,644.70 per ounce, but was down about 0.3% for the week. Prices hit a record high of $2,685.42 last mon…