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Category: Business

Eurozone Inflation Falls to 3-year Low

Eurozone inflation fell to its lowest level in three years this month, reinforcing expectations of another interest rate cut by the European Central Bank (ECB) in September.

According to preliminary data released by the European statistics agency Eur…

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July PPI Grows 7.19% YoY

The PPI for July 2024 came in at 116.43 points showing an increase of 0.60 percent and 7.19 percent on a monthly and yearly basis respectively, data from the National Planning Council showed today.

The four main sectors that make up the index are Min…

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July PPI Grows 7.19% YoY

The PPI for July 2024 came in at 116.43 points showing an increase of 0.60 percent and 7.19 percent on a monthly and yearly basis respectively, data from the National Planning Council showed today.

The four main sectors that make up the index are Min…

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Kuwaiti Oil Barrel Prices Decline $0.88

Kuwait’s oil barrel fell $0.88 to $77.79 per barrel in trade on Wednesday against $78.67 in trading on Thursday, according to Kuwait Petroleum Corporation (KPC) reported price.

In global markets, Brent crude futures fell $1.29 cents to set the settle…

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EGA posts net profit of AED 1.84 billion in H1 2024

ABU DHABI: Emirates Global Aluminium (EGA), the world’s largest premium aluminium producer and the biggest industrial company in the UAE outside oil and gas, today reported solid financial performance for the first half of 2024 amid sustained global d…

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