Browsing: Economy

On the first trading day of the week, gold prices in Dubai experienced a slight…

The Executive Council of Dubai has approved a series of new initiatives and programmes aimed…

Here’s What You’ll Pay at the Pump This Month The UAE fuel price committee has…

The European Union and Egypt have signed a landmark agreement at an investment conference in…

Co-working Space Launched in Partnership with RTA Commuters passing through Burjuman Metro Station in Dubai…

Investors Await US Inflation Data Impact on Precious Metal Rates Gold prices in the UAE…

The UAE and Hungary have solidified their economic partnership by focusing on new economy sectors,…

In early Tuesday trade, gold prices held steady in Dubai. According to Dubai Jewellery Group…

A significant investment of $400M by DP World, based in Dubai, has boosted the container handling capacity of the South Terminal at the Port of Callao by 80%. This makes Callao one of the leading ports in South America capable of accommodating three vessels simultaneously, or two mega-vessels, following the extension of the Bicentennial Pier near Lima. The pier has been expanded from 650 meters to 1,050 meters as part of DP World’s strategy for Latin America, increasing annual handling capacity from 1.5 million to 2.7 million TEUs (twenty-foot equivalent units) and expanding the container yard space to 40 hectares.

Masdar, based in Abu Dhabi, has announced a definitive agreement with GEK TERNA and other shareholders of TERNA ENERGY to acquire an initial 67% of the company’s shares upon completion of the deal, subject to regulatory approvals and other conditions.