Trading

Doha The price of gold in the Qatari market rose by 0.08 percent during the current week, reaching $ 2515.03000 per ounce, according to data issued by Qatar National Bank (QNB).

The data showed that the price of gold rose from $ 2512.82500 per ounce …

ABU DHABI: Aggregate net profits reported by companies listed on GCC exchanges witnessed a healthy year on year (YoY) growth of 5.7percent during Q2-2024 led by a broad-based growth across most markets in the region.

Kamco Investment Company, a regio…

Kuwait’s oil barrel fell USD 1.79 to USD 78.67 per barrel in trade on Wednesday against USD 80.46 in trading on Tuesday, according to Kuwait Petroleum Corporation (KPC) reported price.

In global markets, Brent crude futures fell 90 cents to set the s…

ABU DHABI: The Ministry of Finance, as the issuing authority, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, announced the results of the AED1.1 billion Islamic Treasury Sukuk (T-Sukuk) Auction, which is par…

ABU DHABI: Tabreed, a leading district cooling company, has made a major advancement in its efforts to decarbonise the cooling sector, achieving the ‘Verified Carbon Standard’ at one of its Abu Dhabi plants, certifying carbon credits to offset emissio…

US stocks ended lower at the end of the trading session on Tuesday.

The S and P 500 .SPX lost 41.98 points, or 0.72%, to end at 5,817.87 points, while the Nasdaq Composite .IXIC lost 180.26 points, or 0.97%, to 18,322.42.

The Dow Jones Industrial Av…

South Korea’s SK hynix, the world’s second-largest memory chip maker, said Thursday it has developed the world’s first 16 gigabyte DDR5 chip using the sixth generation of the 10 nanometer chipmaking technology.

According to SK hynix, the new product …

Oil prices edged up on Thursday after two sessions of losses, with a smaller-than-expected draw in US crude inventories that sapped demand expectations.

Brent crude futures climbed 9 cents, or 0.11%, to stand at $78.74 a barrel, while US West Texas I…