Browsing: Economy

A six-month reprieve has been ended due to concerns surrounding upcoming presidential elections in the South American country

The company’s ‘future prospects are positive’, and it is expected to continue its strong financial performance supported by strong operational performance and higher commodity prices

Handed a gas trading licence by regulators in March, state-owned oil and gas company PetroSA has moved quickly to secure a deal for an initial 2 petajoules of gas a year (PJ/a), with scope to rise to 200 petajoules eventually

Bilateral non-oil trade between the two countries was worth $65mln in 2023, up 7% on the previous year

BEIJING/SINGAPORE – Carbon capture, utilisation and storage (CCUS) is unlikely to play a major role in decarbonising the global steel industry due to low capture rates, high costs and a track record of underperformance, a think tank said in a report on Wednesday.

The dollar edged down but was still within striking distance of its 5-1/2-month high on Wednesday, keeping the yen rooted near 34-year lows after Federal Reserve officials reiterated interest rates are likely to stay higher for longer.

Spot gold rose 0.2% to $2,388.56 per ounce, as of 1138 GMT, nearing its all-time high of $2,431.29. U.S. gold futures fell 0.1% to $2,404.90

Doha, Qatar: The Industrial Production index (IPI) for February 2024 reached 99.1 points, an 8.2 percent decrease compared to the previous month (January 2024), whereas increased by 0.4 percent, when compared to the corresponding month in 2023.

 Egypt is seeking to raise the private sector’s contribution to the national economy to over 70%, with a focus on boosting local production and exports, Minister of Finance Mohamed Maait stated.

The annual trade volume between Qatar and India is positioned firm with $19bln, among which $17bln is the energy exports alone: official