Doha: INMA Holding Company (a Qatari public shareholding company) net profits jumped by 171.9 percent in the first half of the year 2024 to reach QR 9.122 million , compared to QR 3.355 million in the same period last year.
Data issued by the company…
Gold prices inched higher on Wednesday, with investors awaiting US economic data that could influence the Federal Reserves rate-cut timeline.
Spot gold was up 0.3% at $2,416.62 per ounce, and US gold futures gained 0.4% to $2,417.10.
As for other pr…
ABU DHABI: The Securities and Commodities Authority (SCA) has issued a decision regulating special purpose vehicles (SPVs) to enhance the regulatory framework of the securities sector in the UAE and boost the country’s standing as a leading global hub…
The U.S. Energy Information Administration (EIA) announced, on Wednesday, that the U.S. crude oil inventories fell for a fourth consecutive week, and gasoline and distillate stocks declined amid a pickup in demand.
In a statement, EIA clarified that …
Doha: The general index of Qatar Stock Exchange (QSE) rose 5.11 points, or 0.05 percent, at the beginning of trading on Wednesday, reaching 10,145 points, compared to yesterday’s closing.
The QSE general index was supported by a rise in four sectors:…
ABU DHABI: The Ministry of Finance (MoF) has released its 2023 yearbook, titled “Leadership in Development and Global Partnerships for Sustainable Finance”, highlighting its key achievements, financial statements, national initiatives, and projects ac…
NEW DELHI: India has cut taxes on foreign companies to attract more investments from abroad.
‘The rules and regulations for both Foreign Direct Investment (FDI) in India and overseas investment by Indians will be simplified to facilitate foreign inve…
Oil prices rose on Wednesday after several days of decline, affected by falling US crude inventories.
Brent crude futures for September rose 37 cents, or 0.5%, to $81.38 a barrel. US West Texas Intermediate crude for September increased 38 cents, or …
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