Business

FUJAIRAH: Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, has highlighted the urgent need to increase investments in energy infrastructure to meet the rising global demand, driven by accelerating global changes and the anticipa…

Doha: Dukhan Bank (Q.P.S.C.) has successfully issued a $800 million 5-year senior unsecured Sukuk with a profit rate of 4.56% per annum representing a spread of 100bps over 5-year US Treasuries.

The transaction marks the debut Senior Sukuk issuance f…

ABU DHABI: Capital Catering, a subsidiary of ADNEC Group, has achieved remarkable recognition at the Gulf Sustainability Awards, winning the Gold award in the Water and Waste Award category through its sustainable practices and the Bronze award in the…

Doha: In August 2024, the State of Qatar’s foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR 19.8 billion almost, i.e., a decrease of about QR 1.5 billion or 7.2% compared to A…

DUBAI: Saif Humaid Al Falasi, Group CEO, Emirates National Oil Company (ENOC), has revealed plans to expand the company’s Jebel Ali Oil Refinery and its network of fuel stations in the country as part of its investment strategy.

In statements to the …

Kuwait’s consumer price index (inflation), on an annual basis, grew on annual basis by 2.92 percent last August, according to the Kuwait Central Statistical Bureau (KCSB).

In a statement to KUNA on Wednesday, the bureau said the inflation rate rose …

Doha: The general index of Qatar Stock Exchange (QSE) dropped 29.76 points, or 0.28 %, at the start of trading on Wednesday, down to the level of 10,600 points, compared to Tuesday’s closing.

QSE figures showed a negative performance for the Real Est…

DUBAI: Business management consultant Bain and Company affirmed that artificial intelligence contributes significantly to providing many predictive scenarios that assist companies in planning and implementing their environmental strategies.

AI is inc…