Trading

The official price of Omani crude oil, for delivery in October, reached on Tuesday USD 75.71 per barrel, a decrease of USD 2.13 compared with Monday’s price of USD 77.84 per barrel.

The monthly average price of Omani crude oil for delivery in August …

DRESDEN: The construction of a new chip factory in the eastern German city of Dresden is set to begin on Tuesday with a symbolic groundbreaking ceremony.

German news agency dpa reported that the investment of just over pound 10 billion (US$11.1 billi…

The number of firms in England and Wales going bust last month rose by 16 percent year-on-year, the British government agency Insolvency Service figures showed on Tuesday.

Commentators said the 2,191 company insolvencies in July showed how many busi…

Qatar Airways Group Chief Executive Officer, Eng. Badr Mohammed Al Meer has announced that Qatar Airways Group has acquired a 25 per cent stake in Southern Africa’s premier independent regional carrier, Airlink.

The announcement, made during a press …

ABU DHABI: The UAE’s top banks’ capital position remains robust, supported by high profits, and their asset quality further improved in the quarter ending June 2024.

Alvarez and Marsal (AandM), a leading global professional services firm, in its late…

Bethlehem-Ma’an-The foreign exchange trading week opened on the Tel Aviv Stock Exchange with renewed weakness for the shekel against the backdrop of the stalemate in talks on a prisoner swap deal and a ceasefire.

The euro, which is growing stronger i…

Oil prices showed signs of stabilization on Tuesday after two consecutive sessions of decline, as concerns about supply disruptions in the Middle East began to ease.

Brent crude rose by 19 cents, or 0.24 percent, to $77.85. Contract for West Texas In…

More than half of the US’s biggest companies see artificial intelligence (AI) as a potential risk to their businesses, Financial Times cited a new survey of corporate filings that highlights how the emerging technology could bring about sweeping indus…