Kuwait Petroleum Corporation (KPC) said on Sunday it had discovered massive quantities of light crude oil and associated gas in the Al Nokhatha field east of the Kuwaiti island of Failaka.
In a statement, KPC reported that the initial estimates of hy…
AMMAN: Exports of Jordan’s pharmaceutical industries and medical supplies sector increased by 3.8% during the January-June period of this year, compared to the same period last year, despite the region’s “exceptional” circumstances and their impact on…
Doha: Qatar Development Bank (QDB) has announced the extension of the deadline for the transfer of outstanding credit facilities to its National Response Guarantee Program (NRGP) portfolio until Sept. 30, 2024, aimed at ensuring that all customers hav…
The Egyptian-Serbian Business Forum has emphasized the importance of establishing an economic and trade partnership between Egypt and Serbia by seizing available investment and trade opportunities in both countries.
This was stated in a speech by Egy…
BEIJING: China’s largest natural uranium production project started construction on Friday in Ordos in the Inner Mongolia Autonomous Region, according to China Atomic Energy Authority (CAEA).
Xinhua News Agency reported that the project, which is par…
BEIJING: China’s yuan-denominated loans rose by 13.27 trillion yuan (about 1.86 trillion U.S. dollars) in the first half of the year, Xinhua News Agency quoted the central bank as saying.
The M2, a broad measure of money supply that covers cash in ci…
Doha: Qatar National Bank (QNB) expects that the European Central Bank will implement two additional interest rate cuts, by 25 basis points, during the current year, as it continues to closely monitor price developments and labor market activity.
QNB…
ST. PETERSBURG: The creation of a BRICS digital payment platform, BRICS Bridge, will help increase mutual trade between the member countries, Russian Federation Council Speaker Valentina Matviyenko said.
“The Russian Finance Ministry and the Central …
