Category: Business

Oil prices inched higher in early trade on Wednesday on uncertainty over what may happen next in the Middle East conflict, after demand concerns knocked the market to its lowest since early October in the previous session.

Brent crude oil futures ros…

Standard and Poor’s (S and P) Global Ratings has reported that sustainable bond issuances in the Middle East reached approximately US$16.7 billion in the first nine months of 2024.

According to its latest report titled ‘Sustainability Insights: Mid…

subscribers in 34 countries, today announced a strategic partnership with Amazon Web Services (AWS), the world’s most comprehensive cloud provider. This follows AWS’s launch of its second Middle East cloud region in the UAE in 2022, with a planned US$…

The US dollar index, which measures the currency against six major rivals, was steady at 103.25, sticking close to Mondays high of 103.61, a level previously not seen since Aug. 8.

Globally, the Australian and New Zealand dollars slumped on Wednesday…

UK inflation rate dropped to 1.7 percent in September, the lowest rate in three and a half years, according to official data.

Lower airfares and petrol prices were the main drivers behind the fall, showed the data of the Office for National Statistic…

The Director-General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, has called on WTO members to adopt a constructive approach towards progressing key issues on the trade agenda, including agriculture, fisheries subsidies, development, an…

Doha: The general index of Qatar Stock Exchange (QSE) rose 41.85 points, or 0.39%, at the start of trading on Wednesday, to reach the level of 10,684 points, compared to yesterday’s closing.

QSE index was supported by a rise in six sectors: Telecoms …

The Korean government will provide low-interest loans and other support worth 8.8 trillion won (US$6.45 billion) for the semiconductor industry by next year in an effort to strengthen the competitiveness of the advanced sector, the finance ministry sa…