South Korea’s financial authorities said on Monday they were ready to take action to counter extreme market volatility.
This came after the Korean Composite Stock Price Index (KOSPI) recorded its worst ever collapse on Monday, falling 234.64 points, …
ABU DHABI: The Brazilian states of São Paulo, Santa Catarina, Paraná, Rio de Janeiro, and Rio Grande do Sul are the most innovative economies in the country, according to the first edition of the Brazil Innovation and Development Index (IBID, in Portu…
The National Planning Council has released the 126th issue of (Qatar; Monthly Statistics) bulletin; a series of statistical newsletters released on a monthly basis. In this issue, they highlighted the most important statistical changes that occurred i…
Al Meera Consumer Goods Company, a Qatari public shareholding company, reported a 2.61 percent increase in net profit for the first half of 2024, reaching QR 90.667 million compared to QR 88.360 million in the same period last year.
Data published on…
The price of a barrel of Kuwaiti oil fell by USD4.70, reaching USD75.77 per barrel in trading yesterday, Monday, compared to USD80.47 in trading last Friday, according to the price announced by the Kuwait Petroleum Corporation.
In global markets, the…
RIYADH: Aramco announced its second quarter and half-year 2024 results, delivering strong performance as key milestones advance long-term growth strategy.
The Saudi Arabian Oil Group reported net income of $29.1 billion in Q2 and $56.3 billion in H1….
The general index of Qatar Stock Exchange (QSE) dropped 44.54 points, or 0.44 percent, at the beginning of trading on Tuesday, reaching 10,012 points, compared to yesterday’s closing.
QSE general index was weighed down by a decline in four sectors: I…
SHARJAH: Technomak, a turn-key EPC company specializing in the fields of oil and gas, FPSO, and renewable energy, has announced a significant expansion plan in the Hamriyah Free Zone, Sharjah.
In response to increasing global demand for its products,…
Gold prices edged higher on Tuesday after comments from Federal Reserve officials reinforced expectations of bigger US interest rate cuts later this year.
Spot gold was up 0.1% to $2,408.77 per ounce, while US gold futures rose 0.2% to $2,449.50.
Bu…
ABU DHABI: Agthia Group PJSC (Agthia or the Group) announced today its results for the six-month period ending 30 June 2024. Agthia delivered strong performance during H1 2024, on track to meet its full-year 2024 guidance. The Group’s profitable growt…
The US dollar suffered steep losses on Tuesday, with the Japanese yen on the back foot after a sharp rise in the previous session as traders contend with unwinding of popular carry trades and the prospect of deep rate cuts from the Federal Reserve.
T…
DUBAI: Al Ramz Corporation today announced its financial results for the first half of 2024, reporting a total revenue of AED41 million and a net profit of AED2.4 million.
In a press release on Tuesday, the Group reported that investment-adjusted qua…
