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…
Oil Prices Steady as Investors Assess OPEC+ Output Cut Extension
Oil prices were little changed on Monday, as investors weighed a move by producer group OPEC+ to extend deep output cuts well into 2025.
Brent futures for August delivery were down 14 cents, or 0.2%, to $80.97 a barrel.
US West Texas Intermediate (W…
MOCI Organizes International Mediation and Arbitration Conference
Doha: The Ministry of Commerce and Industry, in collaboration with the Qatar International Court and Dispute Resolution Centre (QICDRC) and the World Intellectual Property Organization (WIPO), organized the International Mediation and Arbitration Conf…
Dollar Holds Steady amid Fed Rate Cut Speculation
The dollar held steady on Monday, as investors wagered that US inflation may have stabilized enough for the US Federal Reserve to cut rates in 2024.
The dollar index, which measures the US currency against six others, was last at 104.58. The index fe…
Saudi Arabia, Morocco Discuss Enhancing Economic Cooperation
Saudi Minister of Industry and Mineral Resources, Bandar bin Ibrahim Al Khorayef, discussed with Morocco’s Minister of Energy Transition and Sustainable Development, Leila Benali, and Minister of Economy and Finance, Nadia Fattah Al Alawi, means to en…
QC Hosts Regional Workshop on Requirements for Application of Electronic Certificate of Origin
Doha: The Qatar Chamber (QC) hosted a regional workshop on Monday titled Requirements for the Application of Electronic Certificate of Origin (e-CO) in the Framework of the Greater Arab Free Trade Area (GAFTA).
The seminar was organized by the Genera…