Business

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 …

SEOUL: The Republic of Korea’s current account surplus reached US$12.2 billion, its largest current account surplus in about seven years in June, driven by robust exports led by semiconductors, Yonhap News Agency reported, citing central bank data on …

Riyadh, The Saudi Electricity Company (SEC) continued its strong financial performance in the first half and second quarter of 2024, according to an SEC press release issued today. Revenues climbed 15.5% year-over-year to SAR38.2 billion for H1 2024, …

DUBAI: flydubai touched down in Basel today, becoming the first national carrier from the UAE to operate direct flights from Dubai.

This marks the start of the carrier’s four-times-weekly service to EuroAirport Basel-Mulhouse-Freiburg (BSL) from Duba…

The dollar was steady on Wednesday, dragging the yen away from a seven-month peak as currency markets regained a semblance of calm in a week that began with a massive shakeout in assets driven by recession fears and unwinding of popular carry trades.
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Shaqra, The fourth Shaqra Pepper Festival, which concluded yesterday, was a resounding success, helping sell large quantities of the region’s distinctive peppers and pepper-based products.

The event drew significant attention from government entities…

ABU DHABI: Kazakhstan Stock Exchange (KASE) and KASE Clearing Centre (KACC) have joined the Tabadul Digital Exchange Hub, making KASE the sixth member. This collaboration aims to enable cross-border trading between the exchanges and expand investment …

ABU DHABI: Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Chairman of the Industry Development Council, presided over the sixth meeting of the Industry Development Council, which aims to enhance the performance and com…