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Business deals worth AED440mn signed during Dubai Derma

DUBAI / WAM The 18th edition of Dubai World Dermatology and Laser Conference and Exhibition (Dubai Derma) witnessed one more successful edition this year with the number of business deals sealed during the past three days reaching AED440 million, organisers announced on Wednesday. Anas Al Madani, Vice Chairman and Group CEO of INDEX Holding, the event organiser, said, “Over the ...

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Dubai closes $2.45bn project financing for metro extension

DUBAI / Reuters The government of Dubai has completed a project financing worth about $2.45 billion for the extension of the city’s metro rail system, Dubai’s Department of Finance said on Wednesday. The project envisages a 15 kilometre (9 mile) extension of the Dubai Metro’s Red Line, from Nakheel Harbour and Tower station up to the site of the World ...

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Stocks fluctuate, dollar drops ahead of Fed’s policy meeting

Bloomberg US stocks swung between gains and losses, the dollar weakened and Treasuries steadied as traders await the Federal Reserve’s first policy decision since Jerome Powell took the helm. The S&P 500 Index fluctuated, while the Dow Jones Industrial Average and Nasdaq Composite Index edged lower. Leisure companies and banks were among the biggest losers in the Stoxx Europe 600 ...

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