Category: Business

The oil and gas sector in Arab countries executed 610 projects implemented by 356 foreign and Arab companies in the region, with a total investment cost of USD 406 billion between January 2003 and May 2024 (22 years).

A recent report issued by Kuwait…

BEIJING: China has fully implemented the first batch of measures to align its pilot free trade zones (FTZs) with high international standards, Xinhua News Agency reported, citing the Ministry of Commerce on Tuesday.

In June 2023, China’s State Counci…

The dollar was steady on Wednesday, dragging the yen away from a seven-month peak as currency markets regained a semblance of calm in a week that began with a massive shakeout in assets driven by recession fears and unwinding of popular carry trades.
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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 …