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Century Financial
WTI crude oil futures rose to around $73.9 per barrel on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico, and China, raising concerns about potential supply disruptions. The U.S. announced tariffs of 25% on goods from Canada and Mexico, and 10% on those from China, set to take effect on Tuesday. Canadian […]
The Indian budget for 2025-2026 of the Modi government is likely to provide a boost to domestic consumption, with the finance minister announcing that no tax will be payable on income up to Rs 1.2 million. Expectations are that this could provide a considerable consumption boost of Rs 700 billion, and it can be rightfully termed middle-class-friendly. […]
In a rapidly evolving workplace, the shift in employee expectations underscores the critical need for companies to foster a culture where employees feel valued, supported, and motivated to contribute to the organization’s growth. As per a recent report by Parisima Talent a strategic talent acquisition business within Dulsco Group, companies are prioritizing financial
The Federal Open Market Committee meeting on 29th January went as expected widely by market participants, with the Federal Reserve keeping interest rates unchanged for a range of 4.25%-4.50%. In the three meetings prior to this, interest rates were cut by a total of 100 basis points. At the current moment, Fed Fund Futures suggest […]
Comments on Deep Seek : Global equity markets, particularly the big tech names from the US, have started the week with a bloodbath of sorts. The latest developments arising out of China have rattled the core of US Big Tech’s existence. AI models from Deep Seek, the Chinese company, have zoomed to the global top […]
With Finance Minister Nirmala Sitharaman all set to present Union Budget 2025 on February 1 in the Lok Sabha, industry stakeholders, investors and, rather, the entire country are looking at a slew of measures to be announced. Key demands include increased tax exemptions, deductions, and targeted reforms to boost growth in manufacturing, agriculture, infrastructure, and
Bitcoin (BTC), the world’s oldest and most valuable crypto, has rallied above $109,500 over the weekend as Donald Trump’s inauguration ceremony to assume the US President’s office approaches. The TRUMP coin, as well as wife Melania Trump’s own official cryptocurrency, are among the topmost gainers early Monday. It remains to be seen if Trump’s oath-taking […]
The UAE Polo Federation Cup, presented by Dubai Polo & Equestrian Club in partnership with Century Financial concluded with a spectacular final at the Dubai Polo & Equestrian Club. The event, which was the biggest in its history, featured nine elite teams vying for the coveted championship title in an exhibition of world-class polo. The […]
Oil extended a powerful, early-year advance on mounting concerns about risks to global supplies, and as commercial crude inventories in the US posted their longest run of declines since 2021. Brent crude has rallied 10% since the start of the year, helped by a cold weather fanning demand, the fall in US inventories, and multiple […]
Oil rose for a second day after an industry report pointed to another decline in US crude inventories. Oil has had a strong start to 2025, with prices breaking out of a months-long range, but many analysts continue to warn of a glut this year and technical indicators signaled the advance may have run too […]
Dubai Polo and Equestrian Club, in partnership with Century Financial, proudly hosted the highly anticipated live draw for the UAE Polo Federation Cup 2025. This prestigious event, which is set to be one of the largest tournaments in the history of the UAE Polo Federation, will see nine elite teams competing for glory on the […]
Dubai’s population is 3.8 million. The city’s population growth is being evidently and tangibly felt by residents. Of late, the number of cars on the road has increased, malls are more crowded, and traffic delays have become the talk of the town. Population growth in Dubai is expected to land around the figure of 3% […]
Oil prices experienced an uptick on Thursday following the release of data indicating a decline in U.S. oil inventories last week. Traders, however, remained cautious as they contemplated the market outlook for the upcoming year. The American Petroleum Institute (API) reported on Tuesday that U.S. oil inventories dropped by 1.4 million barrels last week. Such […]
Bitcoin slipped on Wednesday after a three-day winning streak and a record high, as the digital currency saw profit-taking ahead of a Federal Reserve interest rate decision. Bitcoin fell 2.4% to $103,688.0, after breaching the $108,000 level a day earlier. The largest cryptocurrency reached an all-time high of $108,244 for a brief period on Tuesday. This […]
The UAE has transitioned from a tax-haven to a low-tax jurisdiction since the introduction of a 9% corporate tax rate in 2023. As the economy got used to these rates, a new proposal to implement a 15% minimum corporate tax rate starting in January 2025 has been suggested by the Ministry of Finance under the […]
The ADX General is declining slightly to 9,262.09 in Abu Dhabi in early trading. Aldar Properties PJSC contributed the most to the index decline, decreasing 0.7%. Umm Al Qaiwain General Investment Co. had the largest drop, falling 9.7%.The DFM General Index opened 0.2% higher, climbing 8.4 to 4,862.85, as stocks gain for the second straight […]
Gulf MarketsThe ADX General is rising for the second day, climbing 0.5%, or 46.77 to 9,278.65 in Abu Dhabi in early trading. International Holding Co. PJSC contributed the most to the index gain, increasing 0.7%. Abu Dhabi National Co. for Building Materials had the largest increase, rising 3.7%. The DFM General Index opened 0.3% higher, […]
Crude oil futures in European morning hours Wednesday were climbing higher as the escalating geopolitical situation around Russia continued to dominate. Moscow has threatened to respond after Ukraine fired a US long-range missile into Russian territory, coming after the Biden administration lifted restrictions on their use. The Kremlin also announced a change in its
Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand in China, the world’s second-largest consumer, and forecasts of a global oil surplus weighed on markets. In a significant reversal of Washington’s policy in the Ukraine-Russia conflict, President Joe Biden’s administration has allowed