Business

BEIJING: China’s courier sector saw its delivery volume this year exceed 100 billion parcels on Tuesday, 71 days earlier than in 2023, signalling a booming consumer market, Xinhua News Agency reported, citing the State Post Bureau.

Source: Emirates …

Oil prices rose more than three percent at settlement today, extending their gains for the fifth consecutive session amid increasing risks of supply disruptions.

Brent crude futures increased by USD 2.64, or 3.3 percent, to USD 82.30 per barrel at se…

ABU DHABI: The Federal Tax Authority (FTA) confirmed that the first Tax Period of a newly established company, in respect of a juridical person subject to Corporate Tax, is determined by the first Financial Year, as stipulated under the Commercial Com…

Japanese stocks rose Tuesday at the end of trading after returning from a long weekend, supported by the performance of the auto industry, technology, and financial sectors, against the backdrop of a weaker yen.

The Nikkei 225 surged at the end of th…

Gold prices eased on Tuesday as profit-taking kicked in after bullion hit a more than one-week high, while market players awaited key US inflation data that could provide further insight into the Federal Reserve’s next policy decision.

Spot gold fell…

ABU DHABI: AD Ports Group on Tuesday announced that its total net profit reached AED439 million in Q2 2024, an increase of 42% Year-on-Year (YoY), while the net profit after minorities reached AED333 million in Q2 2024, an increase of 16% YoY.

In a p…

Oil prices edged lower on Tuesday, breaking a five-day streak of gains, as markets refocused on concerns about demand after the Organization of the Petroleum Exporting Countries (OPEC) on Monday cut its forecast for demand growth in 2024 due to softer…

DUBAI: IFZA, Dubai’s most dynamic free zone community, has sponsored the Smart Cities Council’s (SCC’s) inaugural Smart Cities Week APAC event held recently in Australia.

This sponsorship is part of IFZA’s ongoing partnership with the Smart Cities Co…