Category: Business

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…

The price of a barrel of Kuwaiti oil fell by USD4.70, reaching USD75.77 per barrel in trading yesterday, Monday, compared to USD80.47 in trading last Friday, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, the…

ABU DHABI: Younis Haji Al Khoori, Under-Secretary of the Ministry of Finance (MoF), affirmed that the Cabinet’s adoption of tenancy policies highlights the importance of continuously developing the legislative environment for the benefit of enhancing …

Real wages in Japan rose for the first time in 27 months in June, thanks to big pay increases resulting from wage negotiations this year.

Japan’s public broadcaster NHK quoted the Japanese Ministry of Labor as saying that inflation-adjusted wages ros…

South Korea’s financial authorities said on Monday they were ready to take action to counter extreme market volatility.

This came after the Korean Composite Stock Price Index (KOSPI) recorded its worst ever collapse on Monday, falling 234.64 points, …

ABU DHABI: Younis Haji Al Khoori, Under-Secretary of the Ministry of Finance (MoF), affirmed that the Cabinet’s adoption of tenancy policies highlights the importance of continuously developing the legislative environment for the benefit of enhancing …

ABU DHABI: Agthia Group PJSC (Agthia or the Group) announced today its results for the six-month period ending 30 June 2024. Agthia delivered strong performance during H1 2024, on track to meet its full-year 2024 guidance. The Group’s profitable growt…