Doha: In line with the Third Financial Sector Strategy, the FinTech Strategy, and Qatar Central Banks endeavor to regulate and develop the financial sector and enhance the FinTech ecosystem in the country, Qatar Central Bank has issued the “Distribute…
ABU DHABI: EasyLease, the leading Mobility Solution company and subsidiary of International Holding Company (IHC), has released its financial results for the first half of 2024, reporting AED 189.72 million in revenue, a notable 36.1 percent year-on-y…
China’s major state-owned commercial banks announced on Thursday reductions in deposit interest rates.
The one-year fixed-term deposit interest rate was cut by 10 basis points to 1.35 percent, according to the official deposit interest rates released…
ABU DHABI: First Abu Dhabi Bank (FAB) has delivered record financial results for the first half of 2024, with a net profit of AED8.4 billion, and revenue of AED15.7 billion, a growth of 16 percent year-on-year (YoY), underlining the bank’s consistent …
South Korea’s economy retreated in the second quarter of the year as weaker domestic demand clouded recovery prospects despite robust exports, South Korean central bank data showed Thursday.
The country’s real gross domestic product, a key measure of…
ABU DHABI: Emirates Global Aluminium (EGA) today announced that it became the first company in the world to digitally connect its metal quality analysis system to the London Metal Exchange.
The digital connection automates the process of submitting c…
Doha: The Ministry of Finance, represented by the General Budget Department, in cooperation with Qatar University, organized the second phase of the ‘Transition to Program and Performance Budget’ workshops, dedicated to governmental and semi-governmen…
DUBAI: In conjunction with the International Day for the Conservation of the Mangrove Ecosystem, the Ministry of Climate Change and Environment (MOCCAE) held a ceremony to honour key partners in its National Carbon Sequestration Project, which aims to…