Trading

DUBAI: As part of its efforts to pursue excellence and continuously develop human capital, the Federal Tax Authority (FTA) has launched the Tax Professionals Qualification Initiative, an ambitious initiative that aims to train a new generation of qual…

The Ministry of Finance announced on Wednesday that the budget’s actual deficit hit KD 1.6 billion (nearly USD 5.2 billion) in the fiscal year 2023/2024.

The figure reflects a decrease of 17.9 percent compared to last year, according to a ministry pr…

Gold prices inched higher on Wednesday, with investors awaiting US economic data that could influence the Federal Reserves rate-cut timeline.

Spot gold was up 0.3% at $2,416.62 per ounce, and US gold futures gained 0.4% to $2,417.10.

As for other pr…

DUBAI: Astra Tech’s wholly-owned subsidiary, Quantix Technology Projects LLC (Quantix), has been granted a full Finance Company Licence by the Central Bank of the UAE (CBUAE). This historic milestone positions Quantix as the first fintech platform to …

Doha: INMA Holding Company (a Qatari public shareholding company) net profits jumped by 171.9 percent in the first half of the year 2024 to reach QR 9.122 million , compared to QR 3.355 million in the same period last year.

Data issued by the company…

Doha: The general index of Qatar Stock Exchange (QSE) rose 5.11 points, or 0.05 percent, at the beginning of trading on Wednesday, reaching 10,145 points, compared to yesterday’s closing.

The QSE general index was supported by a rise in four sectors:…

ABU DHABI: The Securities and Commodities Authority (SCA) has issued a decision regulating special purpose vehicles (SPVs) to enhance the regulatory framework of the securities sector in the UAE and boost the country’s standing as a leading global hub…

Oil prices rose at the settlement at the end of Wednesday’s trading, in light of the decline in inventories of crude oil, gasoline, and distillates in the United States of America.

Brent crude futures rose by 70 cents, or 0.86 percent, to reach $81.7…