Business

ABU DHABI: Emirates Water and Electricity Company (EWEC) has announced that it has received four proposals from Acciona Agua, Engie, GS Inima Environmental and a consortium comprised of FCC Aqualia and Orascom Construction Industries for the developme…

ABU DHABI: ADNOC announced today that its offshore Satah Al Razboot (SARB) field has achieved a 25% increase in production capacity by implementing industry-leading advanced digital technologies.

The increase at SARB field, to a total of 140,000 barr…

Qatar Islamic Insurance Group (a Qatari public shareholding company) profits grew by 23.18 percent, reaching QR 79,124, 605 by the end of the first six months of this year, compared to QR 64, 230,759 , during the same period last year.

The company sa…

ABU DHABI: Emirates Water and Electricity Company (EWEC) has announced that it has received four proposals from Acciona Agua, Engie, GS Inima Environmental and a consortium comprised of FCC Aqualia and Orascom Construction Industries for the developme…

DUBAI: Al Ansari Financial Services (AAFS) has signed a Sales and Purchase Agreement (SPA) to purchase 100 percent of BFC Group Holdings W.L.L., (BFCGH), a prominent foreign exchange and remittance group incorporated in Bahrain, for a total acquisitio…

DUBAI: In the presence of Gabriel Boric Font, President of the Republic of Chile, Dubai Chambers and ProChile (Chilean Exports Promotion Bureau of Chile’s Ministry of Foreign Affairs), signed a Memorandum of Understanding (MoU) to enhance trade and in…

Qatar Stock Exchange (QSE) general index closed on Tuesday by 19.51 points (0.19 percent) down from its previous closing, to reach 10,150.46 points.

During the session, a total of 106,321,244 shares were traded, valued at QR 282,165,259.596, through …

Oil prices fell to their lowest levels since early June today, as worries over Chinese demand outweighed expectations of declining crude and petroleum product inventories in the United States.

Brent crude futures decreased by 77 cents, or 0.97 percen…