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Oil prices were little changed on Monday, as investors weighed a move by producer group OPEC+ to extend deep output cuts well into 2025.
Brent futures for August delivery were down 14 cents, or 0.2%, to $80.97 a barrel.
US West Texas Intermediate (W…
DUBAI: The Federal Competitiveness and Statistics Centre (FCSC) hosted an expert technical mission from the International Monetary Fund (IMF). This mission conducted an advanced workshop dedicated to the application of the latest international practic…
China’s commercial banks had maintained generally stable credit asset quality.
China’s commercial banks saw their non-performing loan ratio standing at 1.59% at the end of the first quarter, basically in line with the figure reported at the end of la…
A potentially massive oil and gas reserve could be buried off the southeast city of Pohang, South Korea’s President Yoon Suk Yeol said Monday.
The reserve off Yeongil Bay in Pohang, about 260 kilometers southeast of Seoul, could hold up to 14 billion…
Doha: The general index of Qatar Stock Exchange (QSE) rose 11.27 points, or 0.12%, at the beginning of trading on Monday, reaching 9,396 points, compared to yesterday’s closing.
The general index was supported by a rise in five sectors: Real Estate b…
China’s benchmark prices for spot interbank gold transactions were higher Monday, according to the China Foreign Exchange Trade System.
The benchmark price for gold that is 99.95% pure or above stood at 550.9 yuan (about $77.5) per gram, 2.08 yuan hi…
DUBAI: Emaar Properties has announced a monumental expansion of Dubai Mall, which will include 240 new luxury stores and food and beverage outlets. This project represents an investment of AED1.5 billion, and the contractor is already mobilising on-si…
DUBAI: Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced the establishment of the Polish Business Council. The launch of the council represents an important step towards promoting joint …
Abu dhabi: Zayed National Museum, the national museum of the United Arab Emirates, has announced its first strategic partnership with