Bloomberg The dollar held just off nine-month lows against the euro and a group of other currencies, after a slew of Federal Reserve officials laid out the case for a downshift in the US central bank’s rate-tightening campaign, while concerns about a potential economic downturn weighed on equities. Investors are increasingly contrasting the US picture with a relatively rosier ...

  Bloomberg The pause in the stock market’s strong start to 2023 underscores the main question vexing much of Wall Street: When will it be safe to start buying again? Yes, markets have grown increasingly confident that the slowdown in inflation will allow the Federal Reserve to soon end the cycle of aggressive interest-rate hikes that last year drove the ...

Dubai / WAM Hessa bint Essa Buhumaid, Minister of Community Development, revealed that the total amounts disbursed for marriage grants last year reached AED199,080,000, reaching 2,844 beneficiaries across the UAE compared to 2,727 beneficiaries during 2021. Buhumaid said that the marriage grants by the Ministry of Community Development (MoCD) align with the leadership’s keenness and government support to Emirati youth ...