Browsing Category
Economy & Finance – National
Economy & Finance – National
Dubai Air Show wraps up with $54.5b in deals
Dubai
The biennial Dubai Air Show wrapped up on Thursday, with a total of $54.5 billion in deals and record attendance,…
Saudi Aramco to meet investors in Dubai and Abu Dhabi
Abu Dhabi
Saudi Aramco plans meetings with investors in Dubai next week, sources said, in which it is seeking to raise up to…
Asia markets sink as US Senate’s Hong Kong bill adds to trade jitters
HONG KONG
Asian markets sank on Wednesday on renewed concerns about the China-US trade talks after Washington lawmakers passed a…
Alibaba raises $11 billion in share listing
BEIJING
The Chinese e-commerce giant Alibaba has raised at least $11 billion in a share offering in Hong Kong, netting the city’s…
BRICS nations call for comprehensive UN reform
Brasilia
The five-member BRICS member states that represent more than 40% of the global population, have called for…
China signs papers with 137 countries, 30 int’l organizations
BEIJING
China has signed 197 Belt and Road (B&R) cooperation documents with 137 countries and 30 international organizations…
Fresh China-US trade optimism boost Asian markets
HONG KONG
Asian markets rose Friday as trade hopes were given a boost by Donald Trump’s economic aide saying enormous progress…
Oil up 1% on US crude stocks fall, OPEC comments on shale growth
LONDON
Oil rose on Thursday after industry data showed a surprise drop in US crude inventories, while comments from OPEC about…
Foreign exchange: SBP reserves rise $40m to $8.4b
KARACHI
The foreign exchange reserves held by the central bank rose 0.5% on a weekly basis, according to data released by the…
Opec sees oil demand increasing to 110.6m barrels per day by 2040
Abu Dhabi
Demand for oil will reach 110.6 million barrels per day (bpd) by 2040, as a global rise in the world’s population by…
