Recent Posts

Dollar rises, treasuries fall as Fed meeting looms

  Bloomberg The dollar advanced, while Treasuries tumbled as corporate results and economic data bolstered optimism that growth is accelerating before the Federal Reserve’s latest policy decision. U.S. stocks erased early gains. The S&P 500 Index was little changed as 10-year yields above 2.50 percent weighed on high dividend paying industries and boosted banks. Apple Inc. rose the most since ...

Read More »

Year of Giving will solidify UAE’s position as world’s most giving nation: Mohammed

  Dubai / WAM The Giving Retreat was held on Wednesday under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The retreat included the largest brainstorm of its kind in the UAE, bringing together over 100 experts, stakeholders, officials and humanitarian workers in an interactive dialogue ...

Read More »

Nakheel makes history, posts AED4.96bn profit in 2016

  Dubai / WAM Nakheel announced on Wednesday its highest annual net profits in the company’s history: AED4.96 billion in 2016 – a 13 per cent increase on the 2015 net profit of AED4.38 billion. Nakheel generated a net profit of AED955 million for the last quarter of 2016 – up 22 per cent on the AED781 million posted for the ...

Read More »
Send this to a friend