China’s value-added industrial output, an important economic indicator, went up 3.5 percent year on year in May, data from the Chinese National Bureau of Statistics (NBS) showed Thursday.The growth rate was 2.1 percentage points lower than that of Apr…
Oil prices edged higher on Thursday, recovering some ground from the previous day’s plunge on worries about future US interest rate hikes, with markets now looking to key Chinese economic data for demand indications.Brent crude futures rose 21 cents, …
The US dollar rallied in Asian trading on Thursday after the Federal Reserve signalled rate hikes later in the year, while China’s and New Zealand’s currencies fell on signs of weakness in those economies.The dollar index rose 0.28% to 103.21, recover…
Under the directives of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, the Ministry of Housing and Urban Planning will launch the second edition of the Housing Finance Exhibition on Thursday at City Center B…
Tourism arrivals in the country has increased over the past five months as compare to the number recorded in 2022.This is due to strategies and positive procedures adopted by the Ministry of Tourism to improve tourism services.In this context, Director…
HE Chairman of Qatar Chamber Sheikh Khalifa bin Jassim bin Mohamed Al-Thani confirmed the outstanding relations between Qatar and France, pointing out to the growth that doubled twice during the past five years, where in 2022 the bilateral trade score…
Kuwait Bourse closed up on Monday as the All Share Index gained 6.4 points to reach 6,906.78 points, an increase of 0.09 percent.As many as 216.7 million shares valued at KD 49.8 million (roughly USD 150.8 million) were traded via 10,924 transactions.T…
The Consumer Price Index (CPI), a measure of inflation, edged up 3.36 percent in the Janurary-May period of 2023, reaching 108.5 points against 104.97 in 2022.According to a monthly report issued by the Department of Statistics (DoS) on Sunday, the big…