Category: Business

Oil prices fell by more than 1 percent at the close of todays trading, ending at the lowest level in seven weeks.

Futures contracts for Brent crude for October delivery decreased by $1.15, or 1.4 percent, settling at $78.63 per barrel.

Futures contr…

The US Federal Reserve (the central bank) on Wednsday kept interest rates unchanged, at a range of 5.25% to 5.50%, for the fifth time this year and the eighth in a row, at a time when it seeks to reduce the inflation rate to around two percent.

The F…

Doha, July 31 (QNA) – The Qatar Stock Exchange (QSE) Index closed Wednesday’s trading session up by 3.59 points, or 0.04 percent, to reach 10,154.05 points.

During the session, 114,661,583 shares were traded, with a total value of QR 403,303,248.552,…

ABU DHABI: PureHealth Holding today announced its financial results for the period ending 30th June 2024. It recorded a strong revenue increase of 53% y-o-y to AED12.5 billion in H1 2024 on the back of solid growth booked across the majority of its ve…

GENEVA: The International Air Transport Association (IATA) released data for June 2024 global air cargo markets showing a 14 percent year-on-year (YoY) growth in total demand, measured in cargo tonne-kilometres (CTKs). This contributed to an exception…

Japan’s central bank on Wednesday raised its policy interest rate to around 0.25 percent from the previous range of around zero to 0.1 percent, and outlined a plan to taper its bond-buying program.

At a two-day policy meeting, Bank of Japan’s (BOJ) G…

Doha, July 31 (QNA) – The Qatar Stock Exchange (QSE) Index closed Wednesday’s trading session up by 3.59 points, or 0.04 percent, to reach 10,154.05 points.

During the session, 114,661,583 shares were traded, with a total value of QR 403,303,248.552,…

ABU DHABI: Modon Holding has reported exceptional financial performance for the first half of 2024, delivering revenue of AED2.2 billion, a year-on-year increase of 333%, and gross profit of AED833.2 million, a year-on-year increase of 277%.

Modon Ho…