Oil prices eased on Thursday due to concerns over weak demand in China, the world’s largest crude importer.

Brent crude futures for September fell 38 cents, or 0.5%, to $81.33 a barrel.

US West Texas Intermediate crude slid 33 cents, or 0.4%, to $77…

Doha: Qatar Stock Exchange (QSE) index lost 0.37 percent at the beginning of Thursdays trading, losing 37.33 points and thus falling to 10,100 points under pressure from all sectors.

QSE attributed the decline in the general index to the negative per…

The value of the Japanese currency rose to 152 yen against the dollar, benefiting from expectations that the Bank of Japan may normalize its monetary policy soon.

The Nikkei stock index logged on Thursday its biggest single-day point fall in eight ye…

DUBAI: Commercial Bank International (CBI) has announced its financial results for the first half of 2024, with pre-tax net profit growing 14 percent year-on-year (YoY) from AED78.9 million to AED89.9 million.

In a press release today, the bank said …

DUBAI: Dubai International Chamber, one of the three chambers operating under Dubai Chambers, has achieved a year-over-year (YoY) growth of 54% in the number of multinational companies (MNCs) and small and medium enterprises (SMEs) it attracted to the…

ABU DHABI: The UAE’s economy is expected to grow by 3.9 percent in the current year, 2024, rising to 6.2 percent in 2025, according to the Arab Monetary Fund (AMF).

In its Arab Economic Outlook report issued today, the AMF stated that the expected gr…