Category: Industry

S. Korea’s Retail Sales Rise 10.9% in March

Retail sales in South Korea rose 10.9% on-year in March on the back of stronger demand for travel and entertainment services from online platforms.

The combined sales of 25 major offline and online retailers came to 15.8 trillion won ($11.45 billion)…

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Economy: QIIB’s Profits Rise 6.1% in Q1 of 2024

Doha: Qatar International Islamic Bank’s (QIIB) profits grew 6.1 percent in Q1 of 2024 to QR 335,188,000, compared to QR 315,916,000 for the same period of the previous year.

The company’s earnings release carried by Qatar Stock Exchange’s website sa…

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Oil Prices Fall 1% in Early Trade

Oil prices fell in early Asian trading on Monday, erasing gains from Friday.

Brent crude futures fell by as much as $1, or 1.1% to $88.50 a barrel before ticking back up to $88.55.

West Texas Intermediate (WTI) futures were down 84 cents, or 1%, at …

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AFCM Annual Conference 2024 Kicks Off -1

HE Secretary-General of the Arab League, Ahmed Aboul Gheit, hailed Doha’s hosting of the conference as part of several important financial and economic events, noting that the conference agenda touches on important topics for Arab markets.

He acknowl…

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