S. Korea: ICT Exports Rise on Semiconductors

South Korea's exports of information and communication technology (ICT) products rose for the 11th consecutive month in September, driven by record sales of semiconductors. Outbound shipments of ICT products came to USD 22.4 billion last month, up 24...

Masraf Al Rayan’s Profits Rise by 4.1 Percent

Doha: Masraf Al Rayan (a Qatari public shareholding company) net profits increased by 4.1 percent in the first 9 months of 2024 to reach QR 1.288 billion, compared to QR 1.237 billion in the same period of 2023. Data issued by the bank and posted on ...

Alijarah Holding Company Sees 15.59-Percent Net Profit Increase

Doha: Alijarah Holding Company disclosed its financial results for the period ending Sept. 30, 2024, reporting a 15.59-percent increase in net profit to reach QAR 13.69 million, compared to QAR 11.84 million for the same period in 2023. Earnings per ...

China Unveils Measures to Boost Financing for Businesses

China will step up financing support for enterprises by incorporating quality credibility into lending decisions, said Luo Wen, head of the State Administration for Market Regulation on Monday. Financial institutions will factor in a company's qualit...

Gold Eases as Dollar Strengthens; Traders Eye Fed Cues

Gold prices drifted lower on Monday as the US dollar strengthened, while market participants awaited fresh cues on the Federal Reserve's monetary policy path. Spot gold fell 0.4% to $2,646.75 per ounce after rising 1% in the previous session. US gold...

Oil Prices Fall by More Than $1 on Deflation Concerns in China

Oil prices fell by more than $ 1 a barrel, losing over 1.5% in early trading on Monday, after frustrating Chinese inflation information and a lack of clarity on Beijing's financial stimulus strategies stoked worries about demand. Brent crude futures ...

Dukhan Bank’s Net Profit Grows by 3 Percent

Doha: Dukhan Bank's net profit increased by 3 percent in the first nine months of this year to reach QR 1.141 billion, compared to QR 1.107 billion for the same period last year. Data issued by the bank and published on the Qatar Stock Exchange websi...