Category Archives: Market

China vehicle sales fall 8.2% in 2019: industry association

Shanghai, Auto sales in China fell 8.2% in 2019, data from the country’s biggest auto industry association showed on Monday.

Total auto sales in the world’s biggest auto market fell 0.1% in December from the same month a year earlier, …

Qatar Airways is proud sponsor of the Fourth Edition of Shop Qatar

DOHA, Qatar, Qatar Airways is the Official Airline Partner and proud sponsor of the fourth edition of the Shop Qatar festival, currently taking place until 31 January 2020 in various shopping malls across Doha. The official launch was held on …

Alba sets new production record

Manama, Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter ex China, sets a new production record by exceeding the 1.36 million metric tonnes (mt) mark in 2019 production stood at 1,365,005 metric tonnes, versus 1,011,101 metric tonnes in 2018, …

Singapore digital bank race heats up with 21 licence bidders

state’s banking landscape, attracting 21 applications for five digital bank licenses on offer.

Among firms that have publicly said they are bidding are Alibaba Group affiliate Ant Financial, a joint venture between Singapore Telecommunications Ltd and Southeast Asian ride-hailer Grab, …

U.S. trade deficit drops to more than three-year low

Washington, The U.S. trade deficit fell to a more than three-year low in November as imports declined further, likely weighed down by the Trump administration’s trade war with China, and exports rebounded, suggesting the economy ended 2019 on solid footing, …

Bahraini women impressively assert themselves in financial sector

Manama, As Bahrain celebrates the centenary of the establishment of the banking sector, the contributions of Bahraini women have become more salient in various areas of this sector that includes traditional and Islamic banks and retail banks.

Bahraini women have …

Bahrain achieves 1.58% Real Growth in Q3 2019

Manama, The Information and eGovernment Authority (iGA) published the preliminary results of its National Accounts for Q3 2019, which showed a real economic growth rate of 1.58%, and a 0.57% increase at current prices compared to the same period last …

New vehicle sales in US fell 1.3% in 2019 but still healthy

Detroit, New vehicle sales in the U.S. fell 1.3% last year, but the numbers still passed the healthy 17 million mark for the fifth straight year.

Automakers sold 17.05 million new cars, trucks and SUVs in 2019. Although buyers spent …