People shop in a supermarket in Manhattan, New York. 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.
The dollar rose and key US, European and global stock indexes hovered near record highs on Friday as investors embraced the easy monetary policies of major central banks and their message that rising inflation will be transitory.
Borrowings by US companies for capital investments rose about 17 per cent in June from a year earlier, the Equipment Leasing and Finance Association (ELFA) said.
Valued at over Dhs500 million, WADI Villas was unveiled at an exclusive preview event by Arista Properties. The project will be set amidst the prestigious Mohammed Bin Rashid Al Maktoum City, District 11, Meydan. It will feature a residential marvel of 30 exclusive villas, featuring luxurious
His Highness Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council,
Abu Dhabi Future Energy Company- Masdar, the UAE’s clean energy powerhouse, has completed its acquisition of a 49 per cent shareholding in the 3 gigawatt (GW)