TOKYO: Japan’s imports of Saudi crude oil for October reached 30.37 million barrels (42.4 percent of its total), according to Japanese government data. The amount was slightly up on September figures of around 29 million barrels (37.1 percent). During October, the Japanese Ministry of Economy, Trade, and Industry’s Agency for Natural Resources and Energy said … Read more
RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Wednesday, losing 29.12 points, or 0.26 percent, to close at 11,099.98. The total trading turnover of the benchmark index was SR4.22 billion ($1.12 billion) as 75 of the listed stocks advanced, while 146 retreated. Similarly, the Kingdom’s parallel market Nomu also dropped 6.20 points, or 0.03 … Read more
LONDON: A special “innovation chapter” will need to be part of a UK-Gulf Cooperation Council trade deal to ensure artificial intelligence developments do not throw up barriers to commerce, Britain’s chief negotiator at the Department of Business and Trade said on Monday. Speaking at the Arab-British Economic Summit in London — organized by the Arab-British Chamber of … Read more
SINGAPORE: Oil futures nudged higher on Monday, extending gains on expectations of deepening supply cuts from the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, expected to shore up prices, which have fallen for four weeks on easing concerns of Middle East supply disruption amid the Israel-Hamas conflict. Brent crude futures … Read more
