Asian shares fell on Monday and looked set for their worst monthly performance in three years after top Federal Reserve officials kept the door open for an interest rate hike in September and Chinese stock markets took a fresh tumble.
The UAE Federal Customs Authority has signed a three-year deal with the organisers of the Global Trade Development to be the ‘Lead Strategic Partner’ for the Global Customs and Trade Facilitation Summit.
The summit is
Brent futures held above $102 a barrel on Friday as the steep fall in the previous session gave investors an opportunity to buy, but a cross-market rout triggered by Fed Chairman Ben Bernanke's comments on winding down stimulus capped gains.
The UAE Ministry of Finance said it has issued for the first time a federal government e-book manual for financial procedures for 2012.
The move comes as part of the ministry's continuous efforts to improve its governmental operations
Silver and gold tumbled on Tuesday as investors sold on uncertainty about the direction of monetary policy in the US, but a softer dollar helped support prices and sentiment.
Spot silver ceded nearly 5 per cent to $44.61 an ounce after tou
Oil was steady above $83 on Thursday as energy markets shrugged off credit rating downgrades for southern European countries, encouraged by signs that US demand will improve this summer.
Standard & Poor's on Wednesday cut Spain'
Gold edged down on Wednesday, consolidating after rising to its highest level in 2010 the previous day, as physical buying was spurred by worries that the euro zone's debt problems would spread.
Bullion could challenge a lifetime high of $
The first federal e-Government program forum to be held in Dubai will discuss the strategic plan of the Federal e-Government program and also study UAE's progress towards achieving a knowledge-based society.
The forum, organised by the Gen