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Day: August 14, 2024

Turkiye, UK Discuss Avenues for Strengthening Trade Relations

August 14, 2024 by emadmin

Turkish Minister of Customs and Trade, Omer Bolat, held a virtual conversation, on Wednesday, with UK Secretary of State for Business and Trade, Jonathan Reynolds, to discuss avenues for enhancing trade relations between the two countries.

Turkish An…

Categories Business, Trading

Abu Dhabi Customs completes project to equip sea customs centers with 5 advanced devices

August 14, 2024 by emadmin

ABU DHABI: As part of its ongoing efforts to enhance the efficiency of customs operations across the border ports of Abu Dhabi, the General Administration of Abu Dhabi Customs has completed a project to equip its sea customs centers with advanced insp…

Categories Business, Trading

Etihad Rail launches its Sustainable Finance Framework for green investments in transportation, infrastructure

August 14, 2024 by emadmin

ABU DHABI: Etihad Rail, the developer and operator of the UAE National Rail Network, has launched its Sustainable Finance Framework, a comprehensive guide designed to link the company’s future financing to its ESG Strategy in relation to Clean Transpo…

Categories Business, Trading

Mannai Corporation’s Net Profits Jump by 76.31 Percent in H1 of 2024

August 14, 2024 by emadmin

Doha: Mannai Corporation discloses the interim financial statement for the six-month period ending Jun.30, 2024. The financial statements revealed that the Net Profit of the corporation jumped by 76.31 percent in the first half of 2024, to reach QR 67…

Categories Business, Trading

Watania International Holding announces net profit of AED 7.9 million in H1 2024

August 14, 2024 by emadmin

DUBAI: Watania International Holding PJSC (DFM: WATANIA; ‘WIH’ or the ‘Company’), reported today a net profit of AED 7.9 million as part of its preliminary consolidated results for the first half of 2024 ended 30 June.

Financial Updates (H1 2024):

…

Categories Business, Trading

Gulf International Services Profits Grow 27% in H1 2024

August 14, 2024 by emadmin

Doha: The net profits of Gulf International Services increased by 27 percent in the first half of 2024 to reach QR 356.409 million, compared to QR 280.970 million for the same period in 2023.

Data issued by the company and published on the Qatar Stoc…

Categories Business, Trading

China-Africa Trade Sees Steady Growth in First 7 Months of 2024

August 14, 2024 by emadmin

China-Africa trade saw steady growth in the first seven months of 2024.

China’s General Administration of Customs (GACC) revealed that trade between China and Africa rose 5.5 percent year-over-year (YOY) to CNY 1.19 trillion (about USD 166.6 billion)…

Categories Business, Trading

China’s Central Bank conducts reverse repos Wednesday

August 14, 2024 by emadmin

BEIJING: China’s Central Bank conducted 369.2 billion yuan (about 51.7 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.7 percent Wednesday.

The move aims to keep liquidity reasonable and ample in the banking system, the cent…

Categories Business, Trading
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