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June 3, 2024

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…

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QSE Index Rises 11.27 Points at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 11.27 points, or 0.12%, at the beginning of trading on Monday, reaching 9,396 points, compared to yesterday’s closing.

The general index was supported by a rise in five sectors: Real Estate b…

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China’s Commercial Banks See Stable Credit Assets

China’s commercial banks had maintained generally stable credit asset quality.

China’s commercial banks saw their non-performing loan ratio standing at 1.59% at the end of the first quarter, basically in line with the figure reported at the end of la…

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