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DXB LIVE achieves phenomenal growth, expands business in 2023

DUBAI / WAM DXB LIVE, the experiential agency of Dubai World Trade Centre (DWTC), recorded significant growth in 2023, doubling its business against the previous year with 100 percent growth over a 12-month period. Throughout the year, the agency provided its services to 500 prominent events, spanning exhibitions, conferences, festivals, public and entertainment events, graduation ceremonies, sporting and artistic events ...

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US futures ease as investors seek clues on rate outlook

NEW YORK / WAM US stock index futures edged lower on Wednesday as jittery investors awaited economic data and comments from Federal Reserve Chair Jerome Powell after strong readings on the US economy tempered bets on interest rate cuts this year, Reuters reported. The tech-heavy Nasdaq and the blue-chip Dow closed at two-week lows on Tuesday as Treasury yields rose ...

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UAE banking sector transfers hit over AED1.5trn in January: CBUAE

ABU DHABI / WAM The value of transfers executed in the UAE banking sector through the UAE Funds Transfer System (UAEFTS) reached about AED1.512 trillion in January 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE). The banking operations statistics released by the Central Bank showed that the value of transfers executed through the system ...

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