Lebanese banks will be allowed to sell the local currency for US dollars and vice-versa starting March 28, on the basis of the rate determined by...
Turkey and Russia may implement a solution that allows tourism revenues to be paid in local currencies, Turkish President Recep Tayyip Erdogan was quoted as saying...
The Comprehensive Economic Partnership Agreement (CEPA) signed by UAE and India last month will be operational soon and will simplify customs procedures, reduce logistics cost, and...
At least two UAE-based companies have invested a combined AED 734 million ($199,831,199) in the state utility company DEWA’s initial public offering (IPO), the official Emirates...
Poland’s state energy company on Thursday said it would not pay for Russian gas in rubles, becoming the latest to reject Kremlin demands amid unprecedented sanctions...
Uber Technologies Inc. will list New York’s yellow taxis on its app, the first alliance of its kind in the US in an effort to ease...
Malaysia has no intention of recognizing cryptocurrencies as legal tender, Deputy Finance Minister said in parliament on Thursday. “Cryptocurrencies like Bitcoin are not suitable for use...
ADQ, an Abu Dhabi-based investment and holding company, and Turkey Wealth Fund (TWF) launched on Wednesday the Turkey Technology Fund – ADQ TWF, which will invest...
Renault shares fell early on Thursday after the French carmaker announced it was suspending operations at its plant in Moscow while Russian partner Avtovaz vowed to...
Firmenich, the world’s largest privately owned perfume and taste company, inaugurated its new regional hub on Wednesday at Dubai Science Park, reported Emirates News Agency (WAM).The...
