Economy

Saudi Arabia slashes oil prices after collapse of OPEC+

DUBAI: The eyes of the world will be on the oil markets when the big trading hubs in Europe and North America open following the...

Gold jumps past Dh6,244 per ounce for first time in 7 years on coronavirus fears.

Asian equities sank as investors fled to bonds to hedge the economic shock of the coronavirus. Gold prices jumped past the $1,700 per ounce level...

Indian expats reap benefits of falling rupee against dirham.

This surge could largely be attributed to the Emirates' sizable proportion of white-collar Indian workers. There was a beeline of people at Al Ansari exchange...

Trump says US economy could take hit from coronavirus.

In an event conducted by Fox News Channel, when asked if the coronavirus outbreak could hurt the economy, US President Donald Trump said it...

Indian rupee hits 20 against UAE dirham amid coronavirus fears.

The dollar index, which gauges the greenback's strength against six currencies, rose 0.09 per cent to 97.24. The Indian rupee opened at 73.10 on Wednesday,...

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