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Category: Industry

Oil Prices Rise as Investors Weigh Middle East Peace Prospects

Kuwait: Oil prices rose about $1 in early trade on Thursday, rebounding from the previous day’s sharp losses, as investors weighed the prospects of a Middle East peace deal succeeding. Brent crude futures were up 88 cents, or 0.9%, at $102.15 a barrel…

Oman Crude Oil Price Falls by USD 6.61

Muscat: The official price of Oman crude oil for July delivery was recorded at USD 96.64 per barrel on Thursday. This marks a decrease of USD 6.61 from the previous day’s price of USD 103.25 per barrel.

According to Qatar News Agency, the monthly av…

Dollar Weakens on Hopes for Middle East De-escalation

Kuwait: The dollar remained on the defensive on Thursday as hopes for a de-escalation in the Iran-US war: That left the dollar index back at 97.950 and well short of last week’s top of 99.092.

According to Qatar News Agency, the pullback in oil had …

Muscat Stock Exchange “30” Index Sees Marginal Gains

Muscat: Muscat Stock Exchange (MSX) “30” index closed on Thursday at 8,350.53 points, marking an increase of 16.3 points, or 0.20 percent, compared to the last trading session, which closed at 8,334.27 points.

According to Qatar News Agency, the tot…

QFC and PHD Chamber Sign MoU to Boost India-Qatar Trade Relations

Doha: Qatar Financial Centre (QFC) and India’s PHD Chamber of Commerce and Industry have signed a memorandum of understanding aimed at strengthening bilateral trade ties and facilitating investment and business flows between Qatar and India. The agree…

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