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Category: Industry

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 …

EU PMI Contracts on the Back of Middle-East War

Brussels: Economic activity in the euro area contracted in April, marking its first decline in 16 months, amid pressures stemming from the war in the Middle East and the resulting rise in energy prices and disruption of global supply chains.

Accord…

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 …

Exchange Rates and Precious Metal Values Updated in Qatar

Doha: The latest update on exchange rates and precious metals values in Qatar reveals significant figures for various currencies and commodities. The exchange rates have been adjusted to reflect current market trends, offering insights for traders and…

QNB Issues Latest Exchange Rates Against US Dollar

Doha: Qatar National Bank (QNB) has released the latest exchange rates against the US Dollar, providing updated figures for buying and selling various currencies as of Thursday. The rates reflect the fluctuations in currency values and are crucial for…

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