DUBAI: Dubai International Chamber, one of the three chambers operating under Dubai Chambers, has achieved a year-over-year (YoY) growth of 54% in the number of multinational companies (MNCs) and small and medium enterprises (SMEs) it attracted to the…
Brazil, at G20-COP28 event, joins Global Climate Finance Framework to align climate investment and drive socio-economic development
RIO DE JANEIRO: At a joint G20-COP28 event on sustainable finance, Brazil today endorsed the UAE Declaration of Leaders on a Global Climate Finance Framework, launched by key world leaders at COP28, building momentum towards the Framework’s goal of de…
Kuwait Oil Price Down to USD 82.61 PB
Price of Kuwaiti oil dropped USD 1.29 to settle at USD 82.61 per barrel on Wednesday compared with USD 83.90 pb the day before, Kuwait Petroleum Corporation (KPC) said in on Thursday.
Globally, the price of Brent crude rose by 70 cents to USD 81.71 p…
Aldar’s ‘Athlon’ awarded UAE’s first LEED for communities platinum certification
ABU DHABI: Aldar Properties has received the UAE’s first LEED platinum certification for community planning and design at Athlon, the company’s active living residential project in Dubai.
With sustainability positioned as a priority for the new commu…
QSE Index Loses 37 Points at Beginning of Thursday’s Trading
Doha: Qatar Stock Exchange (QSE) index lost 0.37 percent at the beginning of Thursdays trading, losing 37.33 points and thus falling to 10,100 points under pressure from all sectors.
QSE attributed the decline in the general index to the negative per…
QSE Index Closes Down 0.39 Percent
Doha: The Qatar Stock Exchange (QSE) index closed Thursday’s trading session with a decrease of 39.09 points, or 0.39 percent, settling at 10,098.36 points.
During the session, 100,123,121 shares were traded, with a total value of QR 300,134,561.768,…
CBI records 14% growth in net profit in H1 2024
DUBAI: Commercial Bank International (CBI) has announced its financial results for the first half of 2024, with pre-tax net profit growing 14 percent year-on-year (YoY) from AED78.9 million to AED89.9 million.
In a press release today, the bank said …
Oil Falls on Weak China Demand Concerns
Oil prices eased on Thursday due to concerns over weak demand in China, the world’s largest crude importer.
Brent crude futures for September fell 38 cents, or 0.5%, to $81.33 a barrel.
US West Texas Intermediate crude slid 33 cents, or 0.4%, to $77…
Ministry of Climate Change and Environment honours partners joining 100 million mangroves initiative
DUBAI: In conjunction with the International Day for the Conservation of the Mangrove Ecosystem, the Ministry of Climate Change and Environment (MOCCAE) held a ceremony to honour key partners in its National Carbon Sequestration Project, which aims to…
Eighth edition of Al Dhaid Date Festival kicks off in Sharjah
SHARJAH: The eighth edition of the ‘Al Dhaid Date Festival’, one of Sharjah’s most significant economic, cultural, and social events, commenced this morning, Thursday, at Expo Al Dhaid, and is slated to run until 28th July.
Organised by the Sharjah C…
Gold Prices Fall 1% as Investors Booked Profits ahead of US Economic Data
Gold prices fell more than 1% on Thursday as investors booked profits ahead of US economic data that could offer more cues on when the central bank will cut interest rates this year and by how much.
Spot gold fell 0.9 % to $ 2377.29 per ounce. US gol…
Financial Advisor to QNA: QSE Index Achieves 1.3% of Gains Since Beginning of July
Doha: The Qatar Stock Exchange (QSE) index wrapped up this week’s trading down by 0.39 percent to stand at 10,098 points, while achieving a positive weekly performance of around 0.64 percent, achieving 1.3 percent gains since the beginning of July.
I…