Category: Business

South Korea’s export of information and communications technology (ICT) products rose for the ninth consecutive month in July, backed up by strong performances from key sectors.

The ICT products shipment soared 32.8 percent from a year earlier to USD…

Gold prices gained on Thursday, helped by a weaker US dollar and Treasury yields, as investors waited for more US data to gauge the outlook for interest rates after a key inflation report dampened hopes for a larger cut in September.

Spot gold was up…

KUWAIT, Minister of Finance and Minister of State for Economic Affairs, Dr. Anwar Al-Mudhaf affirmed on Wednesday the private sector’s role in elevating the bilateral relations between the two nations.

This statement followed a meeting between Dr. Al…

The dollar extended losses on Wednesday after falling against major currencies overnight as upbeat US producer price data reinforced bets on a rate cut this year.

Risk-sensitive currencies stayed strong after the unexpected softening in inflation buo…

Doha: The net profits of Gulf International Services increased by 27 percent in the first half of 2024 to reach QR 356.409 million, compared to QR 280.970 million for the same period in 2023.

Data issued by the company and published on the Qatar Stoc…

ABU DHABI: Etihad Cargo, the cargo and logistics arm of Etihad Airways, has reported significant growth in H1 2024. The carrier reported a 17% increase in tonnage from H1 2023 to H1 2024. This robust performance underscores Etihad Cargo’s commitment t…

German direct investment into China has risen sharply this year, in a sign that companies in Europes largest economy are ignoring pleas from their government to diversify into other, less geopolitically risky markets, the Financial Times said.

Figure…

Doha: Mannai Corporation discloses the interim financial statement for the six-month period ending Jun.30, 2024. The financial statements revealed that the Net Profit of the corporation jumped by 76.31 percent in the first half of 2024, to reach QR 67…