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Category: Business

China’s Industrial Sector Sees Steady Growth in July

China’s industrial sector registered a steady revenue growth in July 2024, as indicated by an increase in VAT invoice issuance, the State Taxation Administration said.

Tax data revealed a 6% year-on-year growth in the sales revenue of industrial comp…

QSE Index Edges Lower at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) edged lower by 0.05% at the start of trading on Monday, losing 4.87 points, down to the level of 10,407 points, compared to Sunday’s closing.

The index was weighed dawn by a decline in Banks and F…

Qatar Airways Acquires 25% Stake in Southern Africa’s Airlink

Qatar Airways Group Chief Executive Officer, Eng. Badr Mohammed Al Meer has announced that Qatar Airways Group has acquired a 25 per cent stake in Southern Africa’s premier independent regional carrier, Airlink.

The announcement, made during a press …

Oil Prices Showed Signs of Stabilization

Oil prices showed signs of stabilization on Tuesday after two consecutive sessions of decline, as concerns about supply disruptions in the Middle East began to ease.

Brent crude rose by 19 cents, or 0.24 percent, to $77.85. Contract for West Texas In…

Japan’s Nikkei Rises More than 1.5%

Japan’s Nikkei share average closed higher on Tuesday, supported by a softer yen and gains of technology share which tracked their US peers higher to help lift the overall benchmark index, as Wall Street continued to rebound from a steep sell-off seen…

European Stocks Close Lower, Weighed Down by Energy Stocks

European stocks on Tuesday closed lower , weighed down by energy stocks and as inflation data showed annual inflation accelerating in 14 European Union (EU) countries over the past month.

The Stoxx 600 index ended trading down 0.5 percent, erasing ga…

Japan’s Nikkei Rises More than 1.5%

Japan’s Nikkei share average closed higher on Tuesday, supported by a softer yen and gains of technology share which tracked their US peers higher to help lift the overall benchmark index, as Wall Street continued to rebound from a steep sell-off seen…

Germany’s Manufacturers Order Backlog Falls in June

Germany’s manufacturers order backlog fell for the sixth month in a row in June, in another sign of the sluggish state of Europe’s largest economy.

According to the German Federal Statistical Office, German manufacturers saw a 0.2 percent decrease in…

Oman’s Public Revenues Down 2% in Q2 2024

Public revenues in the Sultanate of Oman decreased by 2 percent year-on-year during the second quarter of 2024, reaching about OR 6 billion and 197 million, compared to OR 6 billion and 342 million in the same period of 2023.

Data issued by the Omani…

Oman’s Inflation Rate Up by 1.5 Percent in July

The inflation rate in Oman upped 1.5 percent in July 2024, compared to the same month in 2023 (base year 2018).

The Consumer Price Index (CPI) released Monday showed that the prices of food and beverages increased by 4.5 percent, various goods and se…

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