Category: Business

Kuwait’s Minister of Electricity, Water and Renewable Energy and Minister of State for Housing Dr. Mahmoud Bushehri highlighted Kuwait’s investments in renewable and clean energy to raise its percentage of the total produced energy to 30 percent in th…

Doha: The Qatar Stock Exchange (QSE) closed Thursday’s trading session with an increase of 15.67 points, or 0.15 percent, reaching 10,177.27 points.

During today’s session, 187,318,653 shares were traded, with a total value of QAR 432,653,450.418, re…

MOSCOW: The annual inflation rate in Germany slowed to 2.2% in June from 2.4% in May, the German Federal Statistical Office (Destatis) said on Thursday.

According to Sputnik, the final estimate of Destatis coincided with the preliminary forecast.

S…

Britain posted a sharp drop in its overall trade deficit in May by some USD 2.96 billion, lowering the figure down to nearly USD 21 billion, government data showed on Thursday.

Britain’s exports had risen in April to some USD 38.1 billion, while impo…

The pound sterling rose against the dollar Thursday, against the backdrop of receding expectations for an August rate cut from the Bank of England.

The dollar fell a touch although moves were largely subdued ahead of a US inflation report due later i…

ABU DHABI: Abu Dhabi Fund for Development (ADFD) became the first institution in the MENA region to receive the United Nation Small Island Developing States Partnerships Award on behalf of the UAE, which claimed first place in the economic category fo…

ABU DHABI: The Statistics Centre – Abu Dhabi (SCAD) has launched the sixth cycle of the Statistical Maturity Index (SMI) project, which measures Abu Dhabi government entities’ capabilities in producing and disseminating statistics in adherence to SCAD…

China’s production and sales of new energy vehicles (NEVs) continued to maintain rapid growth in the first six months (H1) of this year, with the NEV market share steadily increasing in the domestic market.

During the period, the production of NEVs r…