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Day: August 12, 2024

European Stocks Trade Higher

August 12, 2024Web Desk

European stocks started trading higher on Monday as investors looked ahead to a week of important economic data from the US and Europe.

The STOXX Europe 600 index rose 0.4 percent.

The oil and gas sector rose about 1 percent as oil prices rose for a…

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Algeria, Niger Discuss Joint Free Trade Zone Project

August 12, 2024Web Desk

Algeria’s Minister of Trade Tayeb Zitouni met Monday with his Niger’s counterpart Saidou Osman, who is currently visiting Algeria.

During the meeting, they discussed means to enhance economic and trade cooperation between the two countries, in additi…

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S. Korea, Turkiye Extend Currency Swap Deal

August 12, 2024Web Desk

South Korea and Turkiye have agreed to extend their currency swap deal by three years.

The Bank of Korea (BOK) said Monday that the three-year agreement, signed by the BOK and the Central Bank of the Republic of Turkiye, allows for the exchange of lo…

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Gaza: 142 Killed in Israeli Attacks, Only 107 Identified

August 12, 2024Web Desk

Gaza: The Ministry of Health in Gaza reported that Israeli forces have carried out three massacres against families in the Gaza Strip over the past 24 hours, resulting in the deaths of 142 people.

Among the deceased, 107 have been identified, while e…

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Mesaieed Petrochemical Holding Company’s Profits Decline by 32 Percent in First Half of 2024

August 12, 2024Web Desk

Doha: Mesaieed Petrochemical Holding Company’s (a Qatari public shareholding company) net profits declined by 32 percent to reach QR 398.380 million in the first half of 2024, compared to a net profit of QR 584.852 million in the same period last year…

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Financial Times: Ukraine Facing $43 Billion Budget Deficit

August 12, 2024Web Desk

Ukrainian Finance Minister Serhii Marchenko called on Western allies to speed up the allocation to Ukraine of a $50 billion loan, arguing that delays in arms deliveries have led to a rising budget deficit.

The slow supply of weapons, especially from …

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