Category: Business

KUWAIT: The price of Kuwaiti oil went up 51 cents to US$76.28 pb on Tuesday, compared to US$75.77 pb the day before, said state news agency (KUNA) reported, citing the Kuwait Petroleum Corporation (KPC) on Wednesday.

On a global scale, the price of t…

DUBAI: The first Emirates Boeing 777 with a nose-to-tail cabin refresh sporting a new look has rolled into service, as it prepares to take off to Geneva this afternoon as EK 83. The aircraft took a total of 37 days for a complete revamp and will be en…

South Korea posted its largest current account surplus in about seven years in June, driven by robust exports led by semiconductors, central bank data showed Wednesday.

The country’s current account surplus reached $12.2 billion in June, marking a su…

The main Saudi Stock Exchange Index closed Sunday, up by 68.21 points to reach 12,262.64 points, with trades worth SR 7.9 billion.

The volume of traded shares reached 297 million shares, with the shares of 154 firms recording an increase in their val…

DUBAI: Amlak Finance has released its financial results for the first half of 2024, reporting a net profit of AED30 million

In a press release, the company’s revenue from financing and investing activities rose by 10% to AED66 million, up from AED60 …

Oil prices slipped in early Asian trading on Wednesday following a brief rebound in the previous session after industry data showed an unexpected build in US crude oil and gasoline inventories, offsetting global oil supply concerns.

Brent crude futur…

The US Energy Information Administration announced Thursday that crude oil, gasoline and distillate inventories in the United States fell last week, while gasoline inventories rose.

The administration, which is the statistical arm of the US Departmen…

BEIJING: China is set to become the world’s largest economy by 2035, with its scientific research and manufacturing capabilities achieving world-class status across most industries, according to a report released at an international seminar at Renmin …