Category: Business

BEIJING: China’s central bank conducted 471 billion yuan (about US$66 billion) of seven-day reverse repos at an interest rate of 1.7 percent Monday.

Xinhua news agency quoted the People’s Bank of China as saying that the move aims to keep liquidity r…

ABU DHABI: Bayanat, a leading provider of AI-powered geospatial solutions and a subsidiary of G42, confirmed that the recent launch of the Synthetic Aperture Radar (SAR) satellite, titled “Foresight-1”, is a significant achievement that reinforces the…

Doha: The Qatar Stock Exchange (QSE) closed its trading session on Monday, up by 117.48 points, or 1.16 percent, to reach 10,222.81 points.

During the session, a total of 183,874,915 shares were traded, with a value of QAR 362,028,773.170, resulting …

ABU DHABI: The UAE’s national carriers are expanding their destinations, driven by the country’s strong global tourism and business reputation and the resurgence in travel demand. The General Civil Aviation Authority (GCAA) projects passenger traffic …

Ramallah – Ma’an – The Central Bureau of Statistics reported an increase in the price index of construction costs, roads, water and sewage networks during July 07/2024.

Construction cost index for residential buildings rises

The agency explained in …

Doha: The Qatar Stock Exchange (QSE) closed its trading session on Sunday, down by 17.28 points, or 0.17 percent, to reach 10,105.33 points.

During the session, a total of 128,946,949 shares were traded, with a value of QR 245,715,536.576, resulting …

Doha: Lesha Bank LLC (Public) announced that it has successfully concluded its exit from David Morris International Limited, a premier international luxury jewelry brand, with a transaction that valued the business at GBP 70 million.

As a 50% shareho…

Federal Reserve Chair Jerome Powell issued his strongest signal yet that the central bank will soon begin cutting interest rates, saying the central bank intends to act to avoid further weakening of the U.S. labor market, the Wall Street Journal repor…