Category: Industry

NBR holds VAT invoice compliance workshop

The National Bureau for Revenue (NBR) held a workshop on VAT invoice compliance, which aimed to raise awareness of all VAT related aspects and the necessary procedures for issuing VAT invoices.

The workshop was dedicated to assisting businesses in ac…

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China’s central bank adds liquidity via reverse repos

China’s central bank conducted 2 billion yuan (about 281.47 million U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Sunday.

The move aims to keep liquidity reasonable and ample in the banking system, the People’s Bank of C…

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Net Profits of QIMC Decline by 24.3% in Q1 2024

Doha: The profits of Qatar Industrial Manufacturing Company (QIMC) declined by 24.3 percent in the first quarter (Q1) of 2024, to reach QR 36,469,427, compared to QR 48,196,537 for Q1 of 2023.

In a financial disclosure published on Qatar Stock Exchan…

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Iraq’s oil exports to the US increased last week

The US Energy Information Administration (EIA) announced on Sunday that Iraq’s oil exports to the United States had increased over the past week.

According to the EIA, Iraq’s oil exports to the United States increased by one thousand barrels per day …

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Drilling an oil well completed in Baghdad

The Ministry of Oil announced, today, Sunday, the completion of drilling an oil well in Baghdad.

The ministry said in a statement: ‘The technical and engineering staff of the Iraqi Drilling Company, in cooperation with Kosel Oil Services Company, com…

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