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The official price of Oman oil, for delivery in October, today reached $76.62 cents, up by $1.47 compared to yesterdays price (Thursday), which was $75.15. It is worth noting that the monthly average price of Omani crude oil for delivery in August re…
European stock markets stabilized at the start of trading today. The European Stoxx 600 index rose by 0.1% to 516.28 points, after reaching its highest level this month in the previous session. The index is on track to rise for the third consecutive …
GENEVA: G20 merchandise export growth flattened in Q2-2024, as measured in current US dollars, following a rise in the previous quarter, OECD preliminary estimates showed recently. This slowdown was largely driven by a decrease in exports from the Eur…
ABU DHABI: The Board of Directors of NMDC Group PJSC has approved to list NMDC Energy PJSC on the Abu Dhabi Securities Exchange (ADX) and sell a portion of the Group’s shares in NMDC Energy PJSC through a public subscription.
This came during a virtu…
BUCHAREST: Romania’s Energy Strategy 2025-2035 aims to ensure affordable energy prices and support economic competitiveness in the energy sector. Romanian news agency Agerpres reported on Friday that the policy also envisages developing energy storage…
BEIJING: China’s central bank conducted 379.3 billion yuan (US$53.15 billion) of seven-day reverse repos at an interest rate of 1.7 percent Friday.
Xinhua news agency quoted the People’s Bank of China as saying that the move aims to keep liquidity re…
SEOUL: Foreign currency deposits in the Republic of Korea rose for the second straight month in July as companies saved more U.S. dollar-denominated currency, central bank data showed Friday.
Korean news agency Yonhap reported that residents’ outstan…
ABU DHABI: The Central Bank of the UAE (CBUAE) has revoked the licence of Muthoot Exchange, an exchange house operating in the UAE, and struck its name off the Register, pursuant to Article 137 (1) of the Decretal Federal Law No. (14) of 2018 regardin…
Abu Dhabi:Seven Japanese companies have showcased their cutting-edge solutions aimed at boosting energy security at the ADIPEC 2026 event. The