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TAQA Group reports AED 4.4 billion net income for H1 2024

August 14, 2024 Web Desk 0

ABU DHABI: Abu Dhabi National Energy Company PJSC (‘TAQA’ or ‘the Group’) reported its earnings for the period ending 30 June 2024. TAQA delivered solid financial results, supported by stable returns from its Transmission and Distribution business and…

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China’s Central Bank conducts reverse repos Wednesday

August 14, 2024 Web Desk 0

BEIJING: China’s Central Bank conducted 369.2 billion yuan (about 51.7 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.7 percent Wednesday.

The move aims to keep liquidity reasonable and ample in the banking system, the cent…