Category: Business

ABU DHABI: The Abu Dhabi Real Estate Centre (ADREC), the custodian and regulator of Abu Dhabi’s real estate sector, announced today that the Abu Dhabi real estate market has recorded a remarkable 225% surge in foreign direct investment for the first h…

China’s yuan-denominated loans rose by 13.53 trillion yuan (about 1.89 trillion US dollars) in the first seven months of the year, the Chinese central bank data showed on Tuesday.

The M2, a broad measure of money supply that covers cash in circulatio…

Doha: The Qatar Stock Exchange (QSE) general index closed at 10,108.200 points on Wednesday, 36.8 points (0.37 percent) up from its previous closing.

A trading volume of 102,423,699 shares was registered in 14,223 transactions in all sectors, with a …

Oil prices climbed on Wednesday on estimates about shrinking US crude and gasoline inventories as the market watched for a possible widening of tensions in the Middle East, which could curtail global oil supplies.

Brent crude futures rose 30 cents to…

The United Kingdom’s (UK) inflation rate rose to exceed the Bank of England’s target of 2 percent, the first increase recorded this year after months of decline.

According to data issued by the UK’s Office for National Statistics (ONS) on Wednesday, …

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…

Gold prices edged lower on Wednesday as investors remained on the sidelines ahead of a key US inflation print later in the day that could set the tone for the Federal Reserve’s September policy meeting.

Spot gold eased 0.2% to $2,460.87 per ounce. Pr…