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Category: Industry

Dollar Nears 10-Day Low, Yen Hovers Around 160 Per Dollar

Tokyo: The US dollar held near its lowest level in ten days Tuesday, while the Japanese yen fluctuated around the 160-per-dollar level, amid improving global market sentiment. The dollar index, which measures the US currency against six major peers, w…

European Stocks Close Higher: Investor Optimism Boosts Gains

Doha: European stocks ended higher on Tuesday, supported by investor optimism over an agreement to end the conflict between the United States and Iran. Most major European markets posted gains, with the pan-European Stoxx Europe 600 Index closing up 0…

China: Investment Down 4.1%, Industrial Output up 5.4%

China: China’s fixed-asset investment dropped 4.1% year-on-year in the first five months of 2026, while value-added industrial output increased by 5.4% over the same period.

According to Qatar News Agency, citing data from China Spound National Bure…

Syria, Germany Discuss Strengthening Economic, Trade Cooperation

Damascus: Syria’s Minister of Economy and Industry, Nidal Al Shaar, met on Monday with Germany’s Minister of State at the Federal Foreign Office, Serap Guler, who is visiting Syria, to discuss ways to strengthen economic and trade relations between th…

Gold Holds Near One-week High, Up 0.2%

Spain: Gold prices held steady on Tuesday after hitting their highest level in over a week during the previous session, as markets remained cautious, awaiting further developments. Spot gold rose 0.2% to $4,315.87 per ounce after gaining 3.6% on Monda…

Oil Prices Rise by 0.3% Amid Market Anticipation

Doha: Oil prices rose again on Tuesday as markets awaited developments in global supply. Brent crude futures increased by 26 cents, or 0.3%, to $83.42 per barrel, while US West Texas Intermediate (WTI) crude rose by 46 cents, or 0.3%, to $81.12 per ba…

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