Dollar Strengthens Ahead of Key U.S. Inflation Data as Yen and Sterling Weaken
The U.S. dollar inched higher against major global currencies on Thursday as traders awaited the delayed release of key U.S.…
Tag: Business
Sharjah Airport Reports Strong Passenger and Cargo Growth in Q3 2025
Sharjah Airport recorded a significant surge in operational performance during the third quarter of 2025, reaffirming its position as one…
Oil Prices Extend Gains on Supply Concerns and Trade Optimism
Oil prices climbed for a second straight session on Wednesday, supported by renewed concerns over global supply disruptions and cautious…
Dollar Slips After Three-Day Rally as Gold Price Drop Shifts Safe-Haven Flows
The US dollar edged lower on Wednesday, halting a three-day winning streak, as traders adjusted positions in response to sharp…
OpenAI’s Massive Chip Orders Raise Financing Concerns Amid AI Expansion
OpenAI, the San Francisco-based company behind ChatGPT, is making one of the largest technology purchases in history, reportedly committing to…
Oman’s Inflation Rises 1.1% in September, Driven by Higher Transport and Service Costs
The Sultanate of Oman recorded a 1.1% increase in its Consumer Price Index (CPI) in September 2025 compared to the…
Emirates Cargo Plane Skids Off Runway in Hong Kong, Killing Two Airport Workers
A cargo aircraft operated by Turkish carrier Air ACT on behalf of Emirates skidded off the runway and into the…
QatarEnergy Begins Long-Term LNG Operations at UK’s Isle of Grain Terminal
QatarEnergy has started utilising its long-term liquefied natural gas (LNG) storage and regasification capacity at the Isle of Grain terminal…
Oil Prices Edge Higher but Set for Weekly Decline Amid Geopolitical and Supply Concerns
Oil prices rose slightly on Friday but remained on course for a weekly loss of nearly 3%, as forecasts of…
Kuwaiti Oil Prices Drop Amid Global Market Fluctuations
The price of Kuwaiti crude oil declined by USD 1.25 to settle at USD 62.52 per barrel on Friday, compared…