Business

HE Director General and Chairman of the Board of Directors of the Arab Monetary Fund (AMF) Dr. Fahad bin Mohammed Al Turki said that the Qatari banking sector has an advanced ranking in Arab countries in terms of the capital adequacy ratio, reaching 1…

MONTREAL: Mohamed Abdulla Al Salami, Chairman of the Fujairah Department of Civil Aviation, Deputy Chairman of the Board of Directors of the General Civil Aviation Authority (GCAA), affirmed that the UAE is committed to developing a pioneering infrast…

Abu dhabi: The United Arab Emirates has emerged as a key player in regional and global development, driven by its visionary leadership, strategic location, and favourable business climate.

This established the country as an influential economic force…

ABU DHABI: Investcorp Capital achieved a net profit of $105 million for the fiscal year ended on June 30, 2024, compared to $113 million in 2023.

Overall, the Company has approved a total of $115 million in dividends of which $60 million has been pai…

Gold prices fell Tuesday as the dollar rose, as traders await key US inflation data, which could indicate the size of the US interest rate cut next week.

Spot gold fell 0.1% to $2,503.09 per ounce, while US gold futures were steady at $2,532.20.

The…

Qatar Stock Exchange (QSE) Index closed Tuesday’s trading session up by 51.22 points, or 0.50 percent, to reach 10,266.77 points.

During the session, 119,482,685 shares were traded, with a total value of QAR 308,723,092.233, resulting from 12,491 tra…

MUMBAI: G42, the UAE-based leading technology holding group, today announced that it will soon launch NANDA – a cutting-edge Hindi Large Language Model. The announcement was made in the presence of H.H. Sheikh Khaled bin Mohammed bin Zayed Al Nahyan, …

QatarEnergy inaugurated the first conventional-size LNG vessel under its historic shipbuilding program. The “Rex Tillerson” was named after the former Chairman and CEO of ExxonMobil as a tribute to his life-long accomplishments in the energy sector.

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