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Category: Industry

Cross-Border Renminbi Use Up 20% in First 8 Months of 2024

The Chinese renminbi (RMB) has been used more frequently in cross-border trade in the first eight months of this year amid the growing presence of the Chinese currency in the global market, a central bank report showed.

The People’s Bank of China’s 2…

Qatar, Uzbekistan Chambers Discuss Boosting Cooperation

Doha: Qatar Chamber discussed with Uzbekistan Chamber of Commerce and Industry the investment climate in both countries, and highlighted opportunities for partnerships and cooperation between Qatari and Uzbek business owners, and ways to boost trade e…

Iraqi oil exports to the US decline last week

The US Energy Information Administration (EIA) announced, on Sunday, a decline in Iraq’s oil exports to the United States during the past week.

The EIA stated in a table that “the average US imports of crude oil from 10 major countries amounted to 5….

Basra crude achieves significant weekly gains

Basra crude “heavy and medium” achieved weekly gains exceeding 8%, with global oil prices also recording significant weekly gains.

Basra heavy crude closed in its last session yesterday, Friday, up $2.27 to reach $72.48, and recorded weekly gains of …

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