Trading

South Korea’s consumer prices slowed to the lowest level in 3 1/2 years in September, falling below 2 percent for the first time since early 2021, data showed Wednesday.

Consumer prices, a key gauge of inflation, rose 1.6 percent on-year last month, …

The US Energy Information Administration announced Wednesday that crude oil inventories in the United States rose as fuel demand fell last week.

The administration, which is the statistical arm of the US Department of Energy, said in a statement that…

Doha: Qatar Investment Authority (QIA) announced Wednesday its intention to combine the telecommunications businesses of Qatar National Broadband Network (QNBN) and Gulf Bridge International (GBI).

The integration of QNBN and GBI brings together two …

FUJAIRAH: Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, has highlighted the urgent need to increase investments in energy infrastructure to meet the rising global demand, driven by accelerating global changes and the anticipa…

Doha: Dukhan Bank (Q.P.S.C.) has successfully issued a $800 million 5-year senior unsecured Sukuk with a profit rate of 4.56% per annum representing a spread of 100bps over 5-year US Treasuries.

The transaction marks the debut Senior Sukuk issuance f…

Gold prices rose on Tuesday, but hovered below recent record peaks after the US Federal Reserve chair tempered expectations for more substantial interest rate cuts this year.

Spot gold was 0.3% higher at $2,641.33 per ounce, off a record high of $2,6…

DUBAI: Dubai Airports, operator of Dubai International (DXB) and Dubai World Central – Al Maktoum International (DWC), is hosting the Airports Council International (ACI) Asia-Pacific and Middle East Operational Safety Committee meeting from 1-3 Octob…

The 48th ordinary session of the Council of Arab Central Banks and Monetary Authorities’ Governors kicked off Tuesday here with the participation of Governor of the Central Bank of Kuwait (CBK), Basel Al-Haroon.

During his speech in the opening sess…