MOSCOW: Russia’s revenues from the sale of energy resources rose in the first half of this year to 5.7 trillion rubles, equivalent to about US$ 64 billion, according to a report released by the Russian Ministry of Finance.
The report said the volume …
DUBAI: Dubai Mall, the Most Visited Place on Earth in 2023, has achieved further growth in 2024, recording 57 million visitors during the first half of the year, in comparison to 52 million visitors for the same period in 2023. Performance of various …
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 …
ABU DHABI: The total investments by banks operating in the country continued to rise steadily, reaching AED 666.2 billion at the end of April 2024, registering growth of 0.3% on a monthly basis, and 5% since the beginning of the year, according to ban…
GENEVA: With exports of creative economy products – audiovisual products, design, media, music, performing arts, publishing and visual arts – growing strongly in recent years, robust regulatory frameworks are necessary to ensure technologies like arti…
VIENNA: The Organisation for Economic Cooperation and Development (OECD) forecasts Austria’s GDP growth to recover to 0.2 percent in 2024 and 1.5 percent in 2025 as domestic demand improves, after the contraction of 0.7 percent last year, the latest O…
