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Category: Industry

Saudi Stock Exchange Index Closes Higher

The main Saudi Stock Exchange Index closed Wednesday, up by 50.55 points to reach 11,729.71 points, with trades worth SR 6.9 billion.

The volume of traded shares reached 311 million shares, with the shares of 169 companies recording an increase in th…

Basra Heavy and Medium Crude Prices Rise

Basra Heavy and Medium crude prices recorded a rise today, Wednesday, coinciding with the rise in oil prices in global markets.

Basra Heavy crude prices rose 76 cents to reach $ 72.15, and Basra Medium crude prices rose 76 cents to reach $ 75.5.

Oil…

China’s Foreign Trade Up 6.2% in First 7 Months of 2024

China’s total goods imports and exports expanded 6.2% year-on-year in the first seven months of 2024 to 24.83 trillion yuan ($3.46 trillion), official data showed on Wednesday.

The country’s exports rose 6.7% year-on-year to 14.26 trillion yuan durin…

Dollar Steady, Yen Retreats from 7-Month High

The dollar was steady on Wednesday, dragging the yen away from a seven-month peak as currency markets regained a semblance of calm in a week that began with a massive shakeout in assets driven by recession fears and unwinding of popular carry trades.

S. Korea Posts Largest Current Account Surplus in 7 Years in June

South Korea posted its largest current account surplus in about seven years in June, driven by robust exports led by semiconductors, central bank data showed Wednesday.

The country’s current account surplus reached $12.2 billion in June, marking a su…

Al Meera Sees 2.61% Increase in Net Profit for First Half of 2024

Al Meera Consumer Goods Company, a Qatari public shareholding company, reported a 2.61 percent increase in net profit for the first half of 2024, reaching QR 90.667 million compared to QR 88.360 million in the same period last year.

Data published on…

Al Meera Sees 2.61% Increase in Net Profit for First Half of 2024

Al Meera Consumer Goods Company, a Qatari public shareholding company, reported a 2.61 percent increase in net profit for the first half of 2024, reaching QR 90.667 million compared to QR 88.360 million in the same period last year.

Data published on…

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