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Browsing: Business
China retail sales rose just 0.2 percent in April as industrial output and fixed asset investment also weakened across key indicators.
GME recorded its strongest trading week in two decades, with Oman crude futures exceeding 69,052 contracts traded.
China reported 5.6 percent industrial output growth through April, led by manufacturing, equipment production and high tech sectors.
Dubai Customs’ Green Corridor kept diverted cargo moving through Hatta as April declarations neared 100,000 and trade value topped AED8 billion.
South Korean companies posted Q1 operating profit above 156 trillion won as Samsung Electronics and SK hynix drove semiconductor gains.
Air Arabia posted AED 278 million in Q1 2026 net profit as regional airspace disruption cut capacity, while revenue rose to AED 1.8 billion.
South Korea ICT exports climbed to $42.7 billion in April as semiconductor demand drove a record annual gain and a wider trade surplus.
ADNOC Distribution reported record Q1 2026 profit and EBITDA growth as fuel volumes, retail sales and network expansion lifted results.
The Bharat Maritime Insurance Pool gives India domestic cover for hull, cargo, P&I and war risk on ships tied to Indian trade routes now.
EMSTEEL reported AED 2.2 billion in Q1 2026 revenue as EBITDA rose 82% and net profit climbed 246% on wider margins for the Abu Dhabi group.
