- Firm said it has $556 million remaining in cash assets.
The developer's January-June losses amounted to 33 billion yuan ($4.53 billion), compared to 66.4 billion yuan lost in the same period last year.
Its statement on Sunday estimated its liabilities now stood at almost $328 billion, down from nearly $340 billion at the end of 2022.
- Tehran, Iran - Iran’s membership in the BRICS group will lead to the promotion of exports and trade activities, an...
Logical policymaking and decisions will lead to positive achievements for the country after joining BRICS, the Iranian official Arsalan Ghasemi said.
BRICS is a club of emerging economies that constitute a large population in the world and this opportunity should be used optimally, he added.
- TEHRAN, IRAN - A number of European countries have asked to purchase Iran’s unmanned aerial vehicles, the spokesperson for the...
A spokesperson for the Iranian Defense Ministry said Tehran is prepared to export military drones after fulfilling its domestic needs,
Political and security considerations will be taken into consideration before finalizing such deals, the spokesperson added.
- TEHRAN, IRAN - Iran exported $7.2 billion worth of products to West Asian countries in the first four months of...
Comprehensive strategic five-year plans have been defined for the West Asian countries with a focus on trade infrastructure.
The plans include organizing and development of transportation platforms, banking exchanges, customs and standards.
- Tehran, Iran -- Iran became the eighth largest steel supplier in the world in the first half of 2023 as...
Iran was the world’s seventh largest steel producer in June with an output of 3.2 million mt, up 17.4 percent from June 2022, the report added.
For years, Iran had been ranked 10th globally in the list of top steel-producing countries.
- Kuwait City, Kuwait -- The Arab Monetary Fund has said that the market capital in Arab bourses reached US$4.5 trillion...
The fund's weekly report said the market capital of BouKuwait amounted to US$137.5 billion, that of the Abu Dhabi stock exchange reached approximately US$777 billion.
The capital market of the Saudi stock exchange reached some US$ 3 trillion and the Qatari bourse US$170 billion.
- Moscow, Russia -- The volume of Russian gas supplies to Europe through Ukraine is 41.5 million cubic meters per day,...
The gas is supplied via Sudzha gas pumping station in an amount approved by Ukraine, a Gazprom spokesman said.
The transit line through Ukraine remains the only route for Russian gas supplies to western and central European countries.
- The ultra-connected industry is eyeing the innovation warily, with fears growing that jobs could be made redundant and artistic creations...
Attracting thousands of video game lovers every year, Gamescom, one of the video game industry's biggest fairs, is an opportunity for studios to showcase their latest creations.
Many gamers turn up in cosplay costumes, as they throng the stands to try out the potential new hits -- this year including some that prominently feature AI.
- AMMAN, JORDAN - President of the Jordan Chamber of Commerce (JCC) Khalil Al-Haj Tawfiq on Saturday discussed with Director General...
The Jordan Chamber of Commerce stressed on the importance of attracting new Yemeni investments to the Hashemite Kingdom.
The JCC said the Kingdom offers several opportunities in multiple commercial, service and industrial sectors for investors.





















