Business

KUALA LUMPUR: ADNOC, PETRONAS and Storegga announced today the signing of a Joint Study and Development Agreement (JSDA) to evaluate the carbon dioxide (CO2) emissions storage capabilities of saline aquifers and the construction of carbon capture and …

Gold prices held above the $2,500 mark on Tuesday, buoyed by a weaker US dollar and Treasury yields, while traders awaited minutes of the Federal Reserve’s last policy meeting for further cues on interest rate cuts.

Spot gold edged 0.1% higher to $2,…

BEIJING: China’s central bank conducted 149.1 billion yuan (US$20.9 billion) of seven-day reverse repos at an interest rate of 1.7 percent Tuesday.

Xinhua News Agency quoted a statement from the People’s Bank of China as saying that the move aims to …

Qatar Airways Group Chief Executive Officer, Eng. Badr Mohammed Al Meer has announced that Qatar Airways Group has acquired a 25 per cent stake in Southern Africa’s premier independent regional carrier, Airlink.

The announcement, made during a press …

DUBAI: Automechanika Dubai, the leading event for the automotive aftermarket industry, has announced the opening of the 2024 Automechanika Dubai Awards.

Applications for the Awards are open until 30th August 2024, allowing companies to showcase their…

China’s industrial sector registered a steady revenue growth in July 2024, as indicated by an increase in VAT invoice issuance, the State Taxation Administration said.

Tax data revealed a 6% year-on-year growth in the sales revenue of industrial comp…

ABU DHABI: The Abu Dhabi Real Estate Centre (ADREC) – the custodian and regulator of Abu Dhabi’s real estate sector – announced today the launch of the first residential Rental Index for Abu Dhabi.

Serving both tenants and landlords, the platform is …

Doha: The general index of Qatar Stock Exchange (QSE) edged lower by 0.05% at the start of trading on Monday, losing 4.87 points, down to the level of 10,407 points, compared to Sunday’s closing.

The index was weighed dawn by a decline in Banks and F…