Financial markets in the UAE will close on Tuesday, July 5 for the Eid Al Fitr break, the Securities and Commodities Authority (SCA) has announced. Trading will resume on July 10. Eid Al Fitr is the celebration marking the end of the fasting month of Ramadan. It is expected to fall on Wednesday, July 6, depending on the sighting of the crescent moon.
OPEC+ agrees another accelerated oil output hike for June
Eight OPEC+ countries meeting on Saturday have agreed to a further accelerated oil output hike for June of 411,000 barrels per day, two sources told Reuters while an online meeting of the countries was under way.
UAE and Greece in talks to enhance partnership
The UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC), Dr. Sultan bin Ahmed Al Jaber, visited Greece as the two countries enhance their comprehensive partnership.
TECOM Group sees solid start to 2025
TECOM Group has kicked off 2025 with strong results, reporting a 21 per cent jump in revenue to AED 680 million for the first quarter.
Emirates chairman discusses collaboration with PayPal leadership team
Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates Airline and Group, held talks with President of Global Markets at PayPal, Suzan Kereere, to collaborate within the dynamic digital payments landscape.
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