Category: Business

Oil prices showed signs of stabilization on Tuesday after two consecutive sessions of decline, as concerns about supply disruptions in the Middle East began to ease.

Brent crude rose by 19 cents, or 0.24 percent, to $77.85. Contract for West Texas In…

ABU DHABI: Abu Dhabi Airports, the operator of the Emirate’s five airports, today announced the recent launch of three new direct routes by Indian airline IndiGo.

These new routes will connect Zayed International Airport (AUH) to Mangaluru (IXE), Tir…

Japan’s Nikkei share average closed higher on Tuesday, supported by a softer yen and gains of technology share which tracked their US peers higher to help lift the overall benchmark index, as Wall Street continued to rebound from a steep sell-off seen…

Qatar Development Bank (QDB) continues its efforts to bolster the private sector and achieve economic diversification, aiming for a self-sufficient circular economy. One of QDB’s key initiatives in this endeavor is the “SME Directory” which aims to co…

DUBAI: Dubai Chambers has signed a Memorandum of Understanding (MoU) with the Industrial and Commercial Bank of China Limited – Dubai (DIFC) Branch to enhance cooperation and improve the support available to companies and businesspeople in Dubai and C…

The Wall Street Journal reported that economists are closely monitoring the actions of central banks in South Korea, Indonesia, and Thailand after the Philippines took the leap and became one of the few central banks in Asia to cut ahead of the Federa…

Hamad International Airport (DOH) announced that July 2024 has become the busiest month in its operational history, serving a remarkable 4.73 million passengers, a significant 10.2% increase compared to July of the previous year.

This milestone build…

BEIJING: China’s central bank conducted 149.1 billion yuan (US$20.9 billion) of seven-day reverse repos at an interest rate of 1.7 percent Tuesday.

Xinhua News Agency quoted a statement from the People’s Bank of China as saying that the move aims to …