Business

Oil prices extended gains on Monday on fears that an escalation in the Middle East could disrupt regional oil supplies, while imminent US interest rate cuts lifted the global economic and fuel demand outlook.

Brent crude futures climbed 37 cents, or …

ABU DHABI: The Federal Tax Authority (FTA) asserted there has been considerable growth in the volume of transactions processed through the digital Value Added Tax (VAT) refund system for tourists in 2024, surging to 2.7 million in the first half of th…

Oil prices extended gains on Monday on fears that an escalation in the Middle East could disrupt regional oil supplies, while imminent US interest rate cuts lifted the global economic and fuel demand outlook.

Brent crude futures climbed 37 cents, or …

ABU DHABI: The UAE’s national carriers are expanding their destinations, driven by the country’s strong global tourism and business reputation and the resurgence in travel demand. The General Civil Aviation Authority (GCAA) projects passenger traffic …

Ramallah – Ma’an – The Central Bureau of Statistics reported an increase in the price index of construction costs, roads, water and sewage networks during July 07/2024.

Construction cost index for residential buildings rises

The agency explained in …

Doha: The Qatar Stock Exchange (QSE) closed its trading session on Sunday, down by 17.28 points, or 0.17 percent, to reach 10,105.33 points.

During the session, a total of 128,946,949 shares were traded, with a value of QR 245,715,536.576, resulting …

Doha: Lesha Bank LLC (Public) announced that it has successfully concluded its exit from David Morris International Limited, a premier international luxury jewelry brand, with a transaction that valued the business at GBP 70 million.

As a 50% shareho…

Federal Reserve Chair Jerome Powell issued his strongest signal yet that the central bank will soon begin cutting interest rates, saying the central bank intends to act to avoid further weakening of the U.S. labor market, the Wall Street Journal repor…