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Kuwait Oil Price Down to USD 80.47 pb

The price of Kuwaiti oil went down USD 1.36 to USD 80.47 pb on Friday’s trading, compared to USD 81.83 pb on Thursday, according to Kuwait Petroleum Corporation (KPC).

In the global markets, oil prices declined Friday to stabilize at their lowest lev…

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DFM adds 56,300 new investor accounts in 7 months

DUBAI: The Dubai Financial Market (DFM) reported a substantial increase in brokerage firms, with 56,345 new investor accounts opened in the first seven months of 2024, marking an 85% increase from the same period last year, which saw 22,700 new accoun…

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China’s factory activity contracts for third month

China’s factory activity contracted for the third consecutive month in July, government data showed.

The Purchasing Managers Index (PMI) for China’s manufacturing sector, a gauge of activity of some 3,000 big and state-owned firms across the country,…

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