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Category: Industry

US Treasury Freezes $344 Million Iran-Linked Digital Assets

Doha: The US administration announced it has frozen digital assets worth $344 million that it says were linked to Iran. Secretary of Treasury Scott Bessent said on X that the move was part of Washington’s efforts to increase pressure on Tehran amid di…

US Stocks Close Mixed as Intel Corp Boosts Tech Sector

New york: Major U.S. stock indexes closed mixed at the end of trading.

According to Qatar News Agency, the S and P 500 rose 0.8 percent, and the Nasdaq Composite climbed 1.63 percent, buoyed by semiconductors which rose as a group after strong quar…

Oil Prices Surge Amid Middle East Tensions

Egypt: Oil prices rose on Friday on concerns that renewed Middle East tensions and disruptions in the Strait of Hormuz could tighten global supply. Brent crude futures rose $1.23, or 1.17%, to $106.30 per barrel, while US West Texas Intermediate (WTI)…

US Stocks End Trading Lower After Volatile Session

New york: US stocks closed lower on Thursday after volatile trading, amid anticipation of earnings reports and renewed concerns about disruptions caused by artificial intelligence in the software sector.

According to Qatar News Agency, the Standard …

Gold Set for Weekly Loss Amid Inflation and Oil Price Concerns

Doha: Gold held near flat in early Asian trade on Friday but was on track for a weekly decline, pressured by rising oil prices and persistent inflation concerns, while ongoing tensions in the Middle East and disruptions to shipping through the Strait …

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