Business

The Kuwait-based Warba Bank announced Friday the successful listing of USD 500 million sustainable sukuk on the London Stock Exchange, as part of the Bank’s USD two billion sukuk issuance program.

“We are proud to announce this successful listing of…

ABU DHABI: Aggregate net profits reported by companies listed on GCC exchanges witnessed a healthy year on year (YoY) growth of 5.7percent during Q2-2024 led by a broad-based growth across most markets in the region.

Kamco Investment Company, a regio…

DUBAI: Dubai Chamber of Commerce, one of the three chambers under the umbrella of Dubai Chambers, has announced that it attested 11,740 documents during H1 2024, representing an increase of 20.5 percent compared to the number of documents attested dur…

GENEVA: The International Air Transport Association (IATA) has released data for the global air cargo markets for July 2024, showing continued strong annual demand growth.

Total demand, measured in cargo tonne-kilometers (CTKs), increased by 13.6 per…

Japanese stocks were steady at the end of trading Thursday, despite a decline in the technology sector’s performance, against the backdrop of the release of the results of the US Nvidia.

The Tokyo Stock Exchange reported that Japan’s Nikkei 225 index…

Spain is considered a tourist destination receiving millions upon millions of tourists every year, especially during the summer season; however, this year “over-tourism” has become a quite conundrum, leading to some serious reevaluation of the countr…

MOSCOW: Representatives of more than 80 Russian regions and 120 foreign countries have arrived in Moscow for the VI International Municipal Forum of the BRICS countries (IMBRICS), TV BRICS reported.

In total, about 5 thousand participants are expecte…

Iraqi Prime Minister Mohammed Shia al-Sudani affirmed his country’s commitment to the Organization of the Petroleum Exporting Countries (OPEC) policy regarding oil production.

This came during the Iraqi Prime Minister’s meeting Thursday with OPEC Sec…