China has sent a team of experts to north China’s Inner Mongolia Autonomous Region where the embankment of a river was breached Tuesday following recent torrential rains.
The dike breach, measuring over 10 meters in width, occurred at the Laoha River…
Oil prices fell on Wednesday after a report showed that US crude inventories unexpectedly rose, while concerns about the impact of a possible widening conflict in the Middle East on production eased slightly.
Brent crude futures fell 41 cents, or 0.5…
Jordan’s industrial sector has demonstrated resilience and modest growth, with exports rising by 0.13% over the past seven months of 2024.
According to the Jordan Chamber of Industry, total industrial exports during this period reached JD4.94 billion…
Doha: The net profits of Qatar Insurance Group (a Qatari public shareholding company) increased by 11 percent in the first half of 2024 to reach QAR 360 million, compared to QAR 325 million for the same period of the previous year.
Data issued by the…
Oil prices climbed on Wednesday after an industry report showed US crude and gasoline inventories fell, as the market watched for a possible escalation of conflict in the Middle East, which may impact global oil supplies.
Brent crude futures rose 56 …
Turkish Minister of Customs and Trade, Omer Bolat, held a virtual conversation, on Wednesday, with UK Secretary of State for Business and Trade, Jonathan Reynolds, to discuss avenues for enhancing trade relations between the two countries.
Turkish An…
The Reserve Bank of New Zealand (RBNZ) cut its main interest rate Wednesday by 25 basis points to 5.25 percent in first easing move since March 2020.
RBNZ indicated progress in reducing inflation to the target range of 1 to 3 percent annually, expect…
Doha: Mannai Corporation discloses the interim financial statement for the six-month period ending Jun.30, 2024. The financial statements revealed that the Net Profit of the corporation jumped by 76.31 percent in the first half of 2024, to reach QR 67…
Switzerland’s largest bank (UBS) has reported better-than-expected second-quarter profits, with net profit reaching $1.14 billion for the period from April to June, compared to analysts’ expectations of $528 million. These are the first results since …
China-Africa trade saw steady growth in the first seven months of 2024.
China’s General Administration of Customs (GACC) revealed that trade between China and Africa rose 5.5 percent year-over-year (YOY) to CNY 1.19 trillion (about USD 166.6 billion)…