Bengaluru — Gold held steady on Monday, kept in check by a strong dollar as investors dialled back bets for further Federal Reserve rate cuts in the near term, while easing US-China trade tensions also crimped bullion demand.Spot gold was flat at $4,000.65/oz by 5.0
How the rivalry between the two Gulf carriers has contributed to the growth of the local aviation industryEmirates and Qatar Airways, the two Gulf carriers dominating the global aviation industry are flexing muscles over the fast growing Ugandan market. Every week thousands of U
Singapore — Oil prices eased on Friday, heading for a third consecutive monthly decline, as a stronger dollar and weak China data capped gains while rising supply from major producers globally offset the effect of Western sanctions on Russian exports.Brent crude futures slippe
The UAE Ambassador to Uganda, HE Abdulla Salem Alshemeli, H.E Sheikh Sultan Jemai Al. Hindas, Director General of the Furjairah Chamber Commerce and Industry and the Prime Minister of Uganda Hon. Nabbanja Robinah and Hon. Dr Monica Musenero the Minister of Science Technology and Innovation Inform
Washington and Seoul brokered a historic $950 billion deal, bringing the two nations closer in both trade and military alliance. South Korea will pay $350 billion upfront to lower tariffs implemented by the USA. Hundreds of billions will flow between the nations as trade once again acts as the gr
The oil sector’s development — including two central processing facilities at Kingfisher and Tilenga — is expected to unlock billions in ancillary investment and generate thousands of jobsKampala: Uganda’s proven oil reserves have risen to 6.65 billion barrels, up from 6
Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts.Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts, although bullion was still on track for its third straight monthly gain.
For the next nine months, activities in Uganda’s oil fields will be ramped up as the country targets to get its first barrel of oil to the market through a 1,443km pipeline to the Tanzanian coast of Tanga by July 2026, more than 20 years after the first commercial discovery was made
Vincent Waiswa Bagiire, Permanent Secretary, Ministry of Foreign Affairs of the Republic of UgandaDoha — The Embassy of the Republic of Uganda in the State of Qatar successfully hosted the Second Edition of the Uganda–Qatar Business Forum at Rotana City Centre, Do
Uganda and the UAE kicked off their fourth annual business forum in Kampala, aiming to boost a $2.8 billion trade relationship dominated by Ugandan gold. Foreign direct investment from the Gulf nation has surged tenfold, fueling growth in sectors like agribusiness and renewable energy.
