Trading

DUBAI: Dubai is set to revolutionise urban transportation by introducing fully electric air taxis in the first quarter of 2026 as part of its Advanced Air Mobility (AAM) initiatives, a senior official revealed.

Powered by Joby Aviation, the first poi…

Qatar Chamber (QC) showcased its digital services package during its participation in the Advanced Technology for Construction and Services Expo (ConteQ Expo 2024), which concludes Wednesday at the Qatar National Exhibition and Convention Center.

In …

Oil prices extended gains on Tuesday as the market eyed US output concerns in the aftermath of Hurricane Francine and expectations of lower US crude stockpiles.

Brent crude futures for November rose 16 cents, or 0.2% at $72.91 a barrel at 0120 GMT. U…

QSE general index was supported by a rise in Telecoms by 1.33%; Real Estate by 0.36%; Transportation by 0.32%; Banks and Financial Services by 0.27%; and Industrials by 0.19%. On the other hand:SE general index was supported by a rise in Telecoms by 1…

LONDON: The Middle East is on course to take US$75.63 billion of investment in renewable energy projects through to 2030. This is according to a new report released today by the Energy Industries Council, one of the world’s largest energy trade associ…

The dollar traded near its lowest levels of the year on Tuesday, on the eve of the expected start to a US easing cycle that markets are betting may begin with an outsized rate cut.

The euro hovered around $1.1123 in the Asia session, not far from the…

South Korea’s fiscal deficit grew markedly during the first seven months of 2024 amid weak corporate performances and growing state expenditures, the Finance Ministry in South Korea said Tuesday.

The managed fiscal balance, a key gauge of fiscal heal…

Gold prices hovered near a record high on Tuesday, ahead of the anticipated start of the US interest rate reduction cycle, which could see policymakers deliver an outsized cut.

Spot gold was steady at $2,581.68 per ounce. Bullion rose to a record hig…