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August 28, 2024

Emirates Global Aluminium attracts 67 Emirati women in one year

ABU DHABI: Emirates Global Aluminium, the largest industrial company in the UAE outside oil and gas, today announced that over 110 women have joined the company since Emirati Women’s Day 2023, including 67 UAE Nationals.

EGA now employs over 550 wome…

Oil Rebounds as Demand Concerns Whipsaw Investors

Oil rebounded today after a sharp drop in the previous session ended a three-day streak of gains as investors have whipsawed worries about global fuel demand.

Brent crude futures were up 25 cents, or 0.31%, at $79.80 a barrel. US West Texas Intermed…

MSX Gains 29 Points

Muscat Stock Exchange (MSX) general index (30) today gained (29.1) points, comprising a rise by (0.62%) to close at (4720.24) points, compared to the last session, which stood at (4691.12) points.

The trading value today stood at (RO 4,472,646), com…

Sweden’s trade surplus grows in July

STOCKHOLM: Sweden’s foreign trade surplus increased in July from a year ago amid a rebound in exports, German Press Agency (dpa) reported on Wednesday, quoting figures from Statistics Sweden.

The trade surplus rose to 6.5 billion Swedish kronor (US$6…

China’s Central Bank Conducts $38.94 Billion Via Reverse Repos

China’s central bank conducted 277.3 billion yuan (about 38.94 billion US dollars) of seven-day reverse repos at an interest rate of 1.7 percent today.

The People’s Bank of China said in a statement that the move aims to keep liquidity reasonable an…