Trading

Doha: HE Governor of Qatar Central Bank (QCB) Sheikh Bandar bin Mohammed bin Saoud Al-Thani participated Thursday in the 62nd meeting of the Board of Directors of the Gulf Monetary Council, held in Doha.

The meeting addressed several topics on the ag…

South Korea granted on Thursday a construction permit for two new nuclear reactors on the east coast of South Korea, eight years after the application was submitted.

The Nuclear Safety and Security Commission (NSSC) approved proposals from Korea Hydr…

A sharp rise has been recorded in Vietnam’s foreign trade over the past few months, and if this upward trend is sustained, this year’s foreign trade turnover is likely to break the record of US$732 billion set in 2022, Vietnam News Agency (VNA) repor…

The European Central Bank decided today to cut interest rates by a quarter of a percentage point to 3.50 percent, making its second reduction to the deposit rate this year after the worst wave of inflation in years prompted it to raise borrowing costs…

ABU DHABI: PGIM, the global investment management business of Prudential Financial, Inc., has received Financial Services Permission (FSP) to operate in Abu Dhabi Global Market (ADGM) and has opened a new office in Abu Dhabi, located in the city’s fin…

Doha: HE Governor of Qatar Central Bank (QCB) Sheikh Bandar bin Mohammed bin Saoud Al-Thani participated Thursday in the 62nd meeting of the Board of Directors of the Gulf Monetary Council, held in Doha.

The meeting addressed several topics on the ag…

ABU DHABI: Moody’s Ratings has forecast that the profitability of Islamic banks in Gulf Cooperation Council (GCC) countries will remain strong over the next 12 to 18 months.

In its report today, the agency attributed the strong profitability of Gulf …

The US Energy Information Administration (EIA) announced today an increase in crude oil, gasoline, and distillate inventories in the US over the past week.

The EIA, which serves as the statistical arm of the US Department of Energy, said in a report …