The price of Kuwaiti oil went down 56 cents to reach $79.92 per barrel on Thursday, compared to $80.48 pb the day before, according to Kuwait Petroleum Corporation (KPC) on Friday.
On the global scale, the Brent crude futures’ contracts went up $1.28…
Doha: The Industrial Production index (IPI) for June 2024 reached 96.1 point, increased by 2.5 percent compared to the previous month (May 2024), and decreased by 7.5 percent, when compared to the corresponding month in 2023.
This index measures the …
Japanese stocks closed higher on Monday.
The Nikkei rose nearly 3 percent and posted its best weekly performance in more than four years after strong U.S. retail sales data eased concerns about a recession in the world’s largest economy and Japan’s b…
European stocks ended trading this week with strong gains, amid optimism following a series of positive US data.
The European Stoxx 600 index Friday rose 0.3 percent , recording its best weekly performance since May 6, as it increased by 2.4 percent …
Gold prices rose Friday, heading towards achieving weekly gains, supported by increasing hopes for a US interest rate cut in September.
Gold rose in spot transactions by 0.6 percent to USD 2,471.79 per ounce, and rose by 1.7 percent since the beginni…
Oil prices edged lower on Friday, but were set for a second straight week of gains as optimism over a resilient US economy and falling interest rates pushed up hopes of improving demand.
Brent oil futures expiring in October fell 0.2% to $80.88 a bar…
NIZHNY NOVGOROD: The UAE Ministry of Industry and Advanced Technology on Friday joined its BRICS counterparts on the launch of a Centre for Industrial Competences in cooperation with the United Nations Industrial Development Organisation (UNIDO) to su…
SEOUL: The average lending rate of major banks in the Republic of Korea dipped slightly from a month earlier in July, marking the third consecutive month of drop, data showed Friday.
Korean news agency Yonhap reported that COFIX, or the Cost of Funds…
ABU DHABI: Etihad Airways, the national carrier of the UAE, has released its preliminary traffic figures for July 2024.
The airline welcomed 1.7 million passengers, achieving a robust average load factor of 89 percent for the month.
Etihad Airways’ …
ABU DHABI: The Abu Dhabi Real Estate Centre (ADREC), the custodian and regulator of Abu Dhabi’s real estate sector, has announced that its Real Estate Dispute Settlement Centre mediated 1,553 real estate disputes in the first half of 2024, demonstrati…
ABU DHABI: The Abu Dhabi Real Estate Centre (ADREC), the custodian and regulator of Abu Dhabi’s real estate sector, has announced that its Real Estate Dispute Settlement Centre mediated 1,553 real estate disputes in the first half of 2024, demonstrati…
GENEVA: Switzerland’s industrial production increased unexpectedly and sharply in the second quarter, provisional data from the Federal Statistical Office showed on Friday. Industrial production surged 7.3 percent year-over-year in the second quarter,…
