Trading

DOHA: Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, has led the UAE delegation to the 122nd meeting of the Financial and Economic Cooperation Committee of the GCC, held in Doha, Qatar, on October 2 and 3.

The meeting was atte…

Doha: October 03 – A high-level closed-door panel discussion entitled “The Fund for the Future” was held, chaired by HE Minister of Finance, Ali bin Ahmed Al Kuwari, HE Managing Director of the International Monetary Fund, Kristalina Georgieva, and HE…

SEOUL: The combined net profit of financial holding companies in the Republic of Korea grew from a year earlier in the first six months of the year thanks to a sharp increase in returns from their insurance business, data showed Friday.

Yonhap News A…

The price of Kuwaiti crude oil dropped by $0.74 to reach $74.66 per barrel in yesterday’s trading, down from $75.40 in the previous day’s trading, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude f…

ABU DHABI: The family credit in the UAE banking sector reached approximately $115 billion last year, according to the latest statistics from the Arab Monetary Fund.

The Fund reported that family credit in the Saudi banking sector stood at around $331…

The official price of Oman oil today, for delivery in December, reached $77.81. This was an increase of $3.24 compared to yesterday’s price (Thursday) of $74.57.

It is worth noting that the monthly average price of Omani crude oil for delivery in Oc…

KUWAIT: The price of Kuwait oil went down by 74 cents to US$74.66 per barrel on Thursday, compared to US$75.40 pb the day before, said the Kuwait Petroleum Corporation (KPC) on Friday.

According to Kuwait News Agency (KUNA), the price of Brent crude …

Gold prices rose on Friday, supported by safe-haven demand arising from the Middle East conflict, while focus shifted towards US payrolls report to gauge the trajectory of the Federal Reserves policy path.

Spot gold was up 0.3% at $2,662.50 per ounc…