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Category: Business

Riyadh Hosts First Global Logistics Forum 2024 in October

The first Global Logistics Forum 2024 is set to be held in Saudi Arabia during the period Oct.12 to 14.

Hosted by Riyadh, the forum aims to enhance global cooperation and back joint efforts to advance the logistical services, in addition to bolsterin…

S. Korea’s Exports Surge 13% Over Last Decade

The volume of South Korean exports increased by 13% over the past decade.

A report by the Federation of Korean Industries said that the value of exports grew from $559.6 billion in 2013 to $632.2 billion in 2023.

The data also indicated that South K…

CBK Announces New Bonds, Tawarruq Worth KD 240 Million

The Central Bank of Kuwait (CBK) announced on Monday the issuance of bonds and related tawarruq at a value of KD 240 million (about USD 792 million).

CBK said in a statement carried by Kuwait news agency (KUNA), that the securities bear a 4.375 perce…

Malaysia’s Economy to Grow by Over 5% in Q2

Several financial institutions have raised their expectations for Malaysia’s economic growth this year to more than 5 percent after it recovered in the first half of the year, with some institutions’ expectations exceeding government expectations.

Th…

German Exports, Imports Decline in H1 2024

The Federal Statistical Office of Germany revealed Monday that its country’s exports and imports declined in the first half (H1) of 2024 on an annual basis.

The office stated that exports decreased by 1.6 percent to EUR 801.7 billion, while imports d…

QSE Index Rises 0.06% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 5.70 points, or 0.06% to reach the level of 10,131 points at the beginning of trading on Sunday, compared to Thursday’s closing.

QSE general index was supported by a rise in Banks and Financi…

S. Korea’s Medium-Sized Businesses’ Earnings Up 7% in Q2

The combined earnings of South Korea’s top 500 medium-sized businesses jumped 7% on-year in the second quarter of 2024, data showed Sunday, driven by robust performances in the chip and auto parts sectors.

The total operating profit of 492 companies …

QSE Index Closes 0.10 Percent Higher

Doha: The Qatar Stock Exchange (QSE) general index closed at 10,135.37 points on Sunday, 9.9 points (0.10 percent) up from its previous closing.

A trading volume of 94,635,272 shares was registered in 8,750 transactions in all sectors, with a total t…

Algeria to Provide Lebanon with Fuel Oil to Operate Power Stations

Algerian Prime Minister Nadir Larbaoui held a phone conversation with the Lebanese Caretaker Prime Minister Najib Mikati on Sunday.

During the call, Larbaoui informed Mikati of Algeria’s decision to immediately provide Lebanon with fuel to operate th…

Algeria to Provide Lebanon with Fuel Oil to Operate Power Stations

Algerian Prime Minister Nadir Larbaoui held a phone conversation with the Lebanese Caretaker Prime Minister Najib Mikati on Sunday.

During the call, Larbaoui informed Mikati of Algeria’s decision to immediately provide Lebanon with fuel to operate th…

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