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UAE Stocks Tumble as Markets Reopen After Iranian Strikes

Abu dhabi: Stocks in the United Arab Emirates (UAE) dropped sharply on Wednesday as markets in Dubai and Abu Dhabi reopened after a two-day shutdown triggered by Iranian drone and missile attacks.

According to Anadolu Agency, Dubai’s benchmark index …

Ukrainian Envoy Announces Launch of First Military Plant in UK

London: Ukraine’s Ambassador to the UK Valerii Zaluzhnyi announced on Wednesday that the first Ukrainian military plant has begun operations in Britain. The plant is a production complex of Ukrspecsystems, a Kyiv-headquartered company known for its dr…

US Mortgage Rates Fall to Lowest Level Since September 2022

Washington: The average interest rate for a 30-year mortgage in the US declined to 6.09% last week, marking its lowest level since September 2022. The total mortgage applications increased by 0.4% at the week ending on Jan. 20, compared to the previou…