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Category: Industry

Oil Prices Rise Amid Ongoing Supply Concerns

Kuwait city: Oil prices rose in early Asian trade on Tuesday as supply concerns persisted amid fragile negotiations aimed at ending the conflict between the United States and Iran. Brent crude futures climbed 30 cents, or 0.29 percent, to $104.51 per …

Saudi Stock Market Sees Gains as Main Index Rises

Riyadh: The Saudi Stock Exchange main index concluded Monday’s trading session with an increase of 43.38 points, reaching 11,158.45 points. The total trading value for the day was approximately SAR 7.7 billion.

According to Qatar News Agency, the se…

QSE Index Declines by 0.22% at Start of Trading

Doha: The Qatar Stock Exchange (QSE) general index dropped 22.94 points, or 0.22%, at the start of Monday’s trading, down to 10,640 points compared to the previous session’s closing.

According to Qatar News Agency, the market was weighed down in the…

Gold Falls Amid Inflation Concerns

Doha: Gold prices fell on Monday amid concerns that elevated inflation could keep interest rates higher for longer spot gold fell 0.6% at $4,684.32 per ounce. US gold futures for June delivery lost 0.8% at $4,692.70. Spot silver rose 0.7% at $80.88 pe…

European Stocks Show Limited Movement Amid Cautious Trading

Doha: European stocks showed limited movement during trading on Monday, amid cautious trading conditions. The pan-European STOXX 600 index was steady at 611.67 points, while European markets turned in a mixed performance, with the FTSE 100 index risin…

Demand for Travel Boosts China’s Consumer Inflation in April

Doha: China’s consumer price index (CPI), a main gauge of inflation, rose 1.2 percent year on year in April, up 0.2 percentage points from the previous month, according to data released by the National Bureau of Statistics. The core CPI, which exclude…

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