Category: Business

ABU DHABI: Credit facilities provided by the UAE national banks to the private sector reached AED49.5 billion during the first five months of 2024, raising the cumulative total to AED1.182 trillion at the end of May, up from AED1.132 trillion at the e…

BEIJING: China’s courier sector saw its delivery volume this year exceed 100 billion parcels on Tuesday, 71 days earlier than in 2023, signalling a booming consumer market, Xinhua News Agency reported, citing the State Post Bureau.

Source: Emirates …

Oil prices edged lower on Tuesday, breaking a five-day streak of gains, as markets refocused on concerns about demand after the Organization of the Petroleum Exporting Countries (OPEC) on Monday cut its forecast for demand growth in 2024 due to softer…

The Qatar Stock Exchange (QSE) closed lower on Tuesday with the index losing 22.120 points, or 0.22 percent, to reach 10,071.4 points.

During the session, 118,883,863 shares were traded, with a total value of QR 303,234,099.653, in 13,767 transaction…

ABU DHABI: The Federal Tax Authority (FTA) confirmed that the first Tax Period of a newly established company, in respect of a juridical person subject to Corporate Tax, is determined by the first Financial Year, as stipulated under the Commercial Com…

BEIJING: As Air China has finished test flights for its first C919 aircraft, the three major domestic airlines are at a promising stage for commercial operations of the home-made aircraft, Global Times reported.

The C919 has reportedly received posit…

European stocks closed mixed at the end of Monday’s trading.

The European Stoxx 600 index ended lower after a weak performance last week that witnessed heavy selling in high-risk assets, due to fears of an economic recession in the United States.

Th…

The Qatar Stock Exchange (QSE) closed lower on Tuesday with the index losing 22.120 points, or 0.22 percent, to reach 10,071.4 points.

During the session, 118,883,863 shares were traded, with a total value of QR 303,234,099.653, in 13,767 transaction…