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Category: Industry

Oil Gains as Markets Eye Middle East Developments

Lebanon: Oil prices rose on Friday as markets remained cautious over escalating Middle East developments and their potential impact on Strait of Hormuz shipping flows. Brent crude futures climbed 60 cents, or 0.57%, to $106.32 a barrel. US West Texas …

Oil Prices Rise as Markets Anticipate Geopolitical Developments

Doha: Oil prices slightly rose on Thursday as markets await US-China talks, while traders remain focused on the crisis of the Iran war. Brent crude futures were up 13 cents, or 0.12%, to $105.76 a barrel, while US West Texas Intermediate futures rose …

S. Korea ICT Exports Surge 125.9% on AI

Seoul: South Korea’s exports of information and communication technology (ICT) products rose 125.9% year-on-year in April to $42.71 billion, exceeding $40 billion for the second consecutive month, supported by strong demand for AI-related semiconducto…

Gold Rises Slightly on Weaker Dollar

Doha: Gold prices ticked up on Thursday, buoyed by a weaker dollar, as investors focused on US-China talks. Spot gold rose 0.3% to $4,699.87 per ounce, while gold futures for June delivery were steady at $4,706.90.

According to Qatar News Agency, sp…

Exchange Rates in Qatar Show Varied Stability

Doha: The latest exchange rates in Qatar reveal a stable yet varied landscape for various currencies and precious metals. The Qatari market continues to offer competitive buying and selling rates across a broad spectrum of international currencies, re…

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