June 3, 2024

IATA: Airlines Headed for Record Revenue in 2024

The International Air Transport Association (IATA) raised its profit forecast for the airline industry in 2024 and predicts revenue of $996 billion – a record high and a 9.7% jump on the previous year.

The profitability outlook for the year, released…

China’s Commercial Banks See Stable Credit Assets

China’s commercial banks had maintained generally stable credit asset quality.

China’s commercial banks saw their non-performing loan ratio standing at 1.59% at the end of the first quarter, basically in line with the figure reported at the end of la…

QSE Index Rises 11.27 Points at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 11.27 points, or 0.12%, at the beginning of trading on Monday, reaching 9,396 points, compared to yesterday’s closing.

The general index was supported by a rise in five sectors: Real Estate b…