Business

BEIJING: China’s marine economy expanded steadily in the first six months of the year, with a gross output of CN¥4.9 trillion (US$678.55 billion), up 5.6 percent year-on-year (YoY), data from the Chinese Ministry of Natural Resources showed.

Accordin…

Iraq’s Ministry of Oil signed a comprehensive Memorandum of Expertise with British Petroleum (BP) to develop oil and gas fields in Kirkuk Governorate, north of the country.

The presidential media office on Thursday mentioned that Prime Minister Moham…

ABU DHABI: The Central Bank of the UAE (CBUAE) and the Dubai Courts have signed a Memorandum of Understanding (MoU) aimed at linking electronic services related to the execution of judgments, orders, and decisions issued by the Dubai Courts through th…

BEIJING: China’s marine economy expanded steadily in the first six months of the year, with a gross output of CN¥4.9 trillion (US$678.55 billion), up 5.6 percent year-on-year (YoY), data from the Chinese Ministry of Natural Resources showed.

Accordin…

Gold prices climbed to a two-week high on Thursday as US Federal Reserve Chair Jerome Powell opened the door to cutting interest rates as early as September.

Spot gold was steady at $2,448.38 per ounce, after hitting its highest level since July 18 e…

ABU DHABI: Fertiglobe today reported H1 2024 revenues of $1,048 million, with adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) of $378 million, adjusted net profit of $134 million, and free cash flows of $225 million.
…

RIYADH: The Gulf Cooperation Council (GCC) and Indonesia initiated negotiations for the Indonesia-GCC Free Trade Agreement (I-GCC FTA) at the Trade Ministry in Riyadh on Wednesday.

The event was highlighted by the signing of a joint statement by the …

BEIJING: China’s internet sector saw steady growth in business revenue in the first half of this year, Xinhua News Agency reported, citing data from the Ministry of Industry and Information Technology.

In the first six months, China’s major internet …