Business

The main Saudi Stock Exchange Index closed Sunday, up by 68.21 points to reach 12,262.64 points, with trades worth SR 7.9 billion.

The volume of traded shares reached 297 million shares, with the shares of 154 firms recording an increase in their val…

DUBAI: The first Emirates Boeing 777 with a nose-to-tail cabin refresh sporting a new look has rolled into service, as it prepares to take off to Geneva this afternoon as EK 83. The aircraft took a total of 37 days for a complete revamp and will be en…

BRASÍLIA: Brazil recorded a trade surplus of $7.6 billion in July, the Ministry of Development, Industry, Trade, and Services in Brasília announced on Wednesday, marking a 6.6% decline from the $8.2 billion surplus in July 2023.

According to Agência …

The oil and gas sector in Arab countries executed 610 projects implemented by 356 foreign and Arab companies in the region, with a total investment cost of USD 406 billion between January 2003 and May 2024 (22 years).

A recent report issued by Kuwait…

DUBAI: Amlak Finance has released its financial results for the first half of 2024, reporting a net profit of AED30 million

In a press release, the company’s revenue from financing and investing activities rose by 10% to AED66 million, up from AED60 …

ABU DHABI: International Holding Company (IHC) announced outstanding results for the first half of 2024 with a net profit of AED12.3 billion, marking an 18% jump compared to the same period last year.

In a press release on Wednesday, the company said…

Gold prices edged lower on Wednesday as the US dollar and Treasury yields strengthened, while traders awaited further cues to gauge the size of the Federal Reserve’s likely September interest rate cut.

Spot gold slipped 0.2% to $2,385.60 per ounce, a…

The US Energy Information Administration announced Thursday that crude oil, gasoline and distillate inventories in the United States fell last week, while gasoline inventories rose.

The administration, which is the statistical arm of the US Departmen…