Category: Business

South Korea’s Industry Ministry said today that it has asked the country’s four major oil refiners to refrain from excessive price increases as part of efforts to combat lingering inflation.

Second Vice Industry Minister Choe Nam-ho made the remark d…

Doha: The Commercial Bank (P.S.Q.C.) announced Tuesday its financial results for the half year ended June 30, 2024.

In a statement published on Qatar Stock Exchange website, the bank reported a net profit of QR 1,571.0 million as compared to last yea…

Doha: The Qatar Stock Exchange (QSE) index closed Tuesday’s trading session with a slight decrease of 2.41 points, or 0.02 percent, settling at 10,193.89 points.

During the session, 139,616,727 shares were traded, amounting to a value of QR 324,340,9…

Crude oil declined in early trade on Tuesday, after China reported subdued GDP growth in 2024.

Global crude benchmark Brent was down 0.67 to $84.28 per barrel.

The US West Texas Intermediate (WTI) crude was trading at $81.32 per barrel, lower by 0.7…

ABU DHABI: Gross domestic credit extended by banks operating in Abu Dhabi in the first four months of the year grew by 5 percent or AED45.8 billion to AED 961.9 billion from AED915.9 billion at the end of last year, according to UAE banking indicators…

The Oman Central Bank (OCB) has announced that the total value of government treasury bills allocated for this week amounted to OR 31.15 million.

In a statement on Monday, the OCB said that the value of the bills allocated for a maturity period of 28…

Doha: The Qatar Stock Exchange (QSE) closed Monday’s trading session with an increase of 24.35 points, or 0.24 percent, reaching 10,196.3 points.

During today’s session, 154,582,744 shares were traded, with a total value of QAR 465,173,030.952, resul…

AJMAN: Abdullah bin Mohammed Al Muwaiji, Chairman of the Ajman Chamber of Commerce and Industry (ACCI), received a delegation from the Gulf Chinese Trading Corporation, which manages Ajman’s China Mall. The meeting discussed ways of cooperation and re…