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20 December 2025

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Kuwait to invest Citigroup sale proceeds abroad

Kuwait's sovereign wealth fund will invest the proceeds of a $4.1 billion sale of a stake in Citigroup abroad and not

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Gold hovers around record levels

Gold, little changed yesterday in London and New York, may advance as a weaker dollar spurs demand from investors

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Wall Street at 13-month high

Commodity-related stocks led Wall Street to 13-month highs yesterday. The Dow Jones industrial average rose 139.89

Sony Cyber-shot DSC-HX1

Sony Gulf, a subsidiary of Sony Corp, announced the Middle East launch of DSC-HX1, expanding its Cyber-shot H-series

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SAS posts Q1 pre-tax loss of $124.4m

STOCKHOLM Scandinavian airline SAS posted a first-quarter pre-tax loss in line with expectations yesterday and said it

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UAE companies enter Forbes’ list

(JOSEPH CAPELLAN)      Some 11 UAE companies have made it to the list of world’s biggest companies compiled by Forbes

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IMF cuts 2008 global growth forecast

  The International Monetary Fund has cut its 2008 global growth forecast to 3.7 per cent from 4.1 per cent previously,

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Dubai fires - Reader contributions (1)

Date: Al Quoz Explosion, 26 March 2008 Credit: Towfigh Tamimi   Click here for more reader contributions  

Revealed: Real steering wheel of 2014 Formula 1 car... Buttons, switches, levers, LEDs and displays

In this detailed graphic put out by the F1 Sauber team on Twitter, the steering of a Formula One car is revealed... and

Money supply rises 1.9%

UAE Central Bank announced that money supply M0 (currency in circulation + currency at banks) increased by 1.9 per cent

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Click for detail note security features

Click for detail for Dh100 note security features   Click for detail for Dh1,000 note security features

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Gold to fall as greenback gains strength

Gold ticked higher yesterday, holding near last week's record, but a rebound in the US dollar and the absence of