ABU DHABI: Borouge Plc has reported a 33% year-on-year (YoY) increase in second-quarter net profit to $308 million, powered by higher sales and cost efficiencies as the company recorded its highest ever production volumes.
Adjusted earnings before in…
Turkiye’s Ministry of Trade held on Wednesday the first round of negotiations on the free trade agreement between Turkiye and the Gulf Cooperation Council (GCC) countries.
The ministry stated that the negotiations are taking place within the framewor…
Oil futures rebounded more than $1 a barrel from 7-week lows.
Brent crude futures climbed $1.17, or 1.5%, to $79.80 a barrel, while the more active October contract was at $79.18, up $1.11.
US West Texas Intermediate (WTI) crude futures rose $1.15, …
Doha, July 31 (QNA) – The general index of Qatar Stock Exchange (QSE) dropped 20.07 points, or 0.20 percent, at the beginning of trading on Wednesday, reaching 10,130 points, compared to yesterday’s closing.
QSE general index was weighed down by a de…
Doha, July 31 (QNA) – The general index of Qatar Stock Exchange (QSE) dropped 20.07 points, or 0.20 percent, at the beginning of trading on Wednesday, reaching 10,130 points, compared to yesterday’s closing.
QSE general index was weighed down by a de…
Doha, July 31 (QNA) – Qatar Central Bank (QCB), on Wednesday, assessed the current monetary requirements of the State of Qatar and decided to maintain the current interest rates for QCB Deposit Rate, QCB Lending Rate, and QCB Repo Rate.
In a post on …
WASHINGTON: The US Federal Reserve decided in its meeting today to keep its benchmark overnight interest rate in the 5.25-5.50 percent range, their highest levels since 2001.
This is the eighth time that the US Federal Reserve has fixed interest rate…
Oil futures rebounded more than $1 a barrel from 7-week lows.
Brent crude futures climbed $1.17, or 1.5%, to $79.80 a barrel, while the more active October contract was at $79.18, up $1.11.
US West Texas Intermediate (WTI) crude futures rose $1.15, …
Emirates News Flash is a leading digital news platform dedicated to providing comprehensive, timely, and balanced coverage of the rapidly evolving landscape of the United Arab Emirates and the broader Gulf region. Accessible at emiratesnewsflash.com, the publication serves as an essential resource for local residents, expatriates, business leaders