Shoppers walk past a former branch of the British clothing retailer Next, now converted into an independent gift shop on Oxford Street, London. File/Reuters
World stocks sank on Monday as the spreading Delta virus variant fuelled fears it could undermine the economic recovery, while oil prices tanked after leading producers finally agreed to hike output.
Stocks extended their losses for the week on Friday as investors piled into government bonds and gold for cover while scrutinising the latest twists in Russia’s escalating invasion of Ukraine, which included seizing a huge nuclear plant.
Morgan Stanley analysts have forecast an influx of $82 billion in foreign funds into Middle Eastern stock markets as the region continues to sharply outperform international stock markets this year, Bloomberg has reported.
Emirates Development Bank (EDB), the key financial engine of economic development and industrial advancement in the UAE, has unveiled its 2023 results,
The MoU will help in promoting joint cooperation and sharing of expertise between the two sides. It will also provide an opportunity to Pakistani farmers to increase cultivation of date palm including through innovative ideas.
The Sharjah Chamber of Commerce and Industry (SCCI) has engaged in talks with business delegations from the Republic of Estonia and the Russian Federation