Markets News

Indian rupee drops to another record low against UAE dirham

The currency was at Dh23.02 as of 10.40 am IST

Adani Group shares fall for a second day after US issues arrest warrant for Indian billionaire

The conglomerate's stocks have lost $33 billion in combined market value since the news of Gautam Adani's indictment

National Investments Company sells $43 million stake in Boursa Kuwait

NIC sold 6.5 million shares, representing a 3.2% stake in Boursa Kuwait

Lulu opens 12 new stores in 9 months, reports $1.86-billion Q3 revenue after ADX listing

The retailer's Happiness Loyalty programme now has approximately five million members

Dollar resumes climb after three-day fall as investors eye Fed

The dollar index has rallied about 3 per cent since the US election

Risk assets may be entering 'danger zone'

Wall Street’s three main indices hit record highs last week

China's cashed-up crowd is back in the stock market

Gold hits 1-week high as Russia-Ukraine tensions boost rush to safety

Silver at 1-week peak, palladium at a near 2-week high

Talabat announces offer price range between Dh1.50 and Dh1.60 as IPO period begins

A total of 3,493,236,093 shares will be made available in the offering, representing 15 per cent of the company’s total issued share capital

Gold fundamentals still remain intact

Possibility of rising US debt a concern for markets, expert says