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Category: Industry

Muscat Stock Exchange Market Value Rises to OMR 37.5 Billion

Muscat: The market value of the Muscat Stock Exchange rose to approximately OMR 37.5 billion last week, gaining OMR 257 million. The main index climbed 200 points to close at 7,967, supported by strong buying from local investment funds ahead of first…

Kuwaiti Oil Price Jumps Over $8 to $118.93 per Barrel

Kuwait city: Kuwait’s crude oil price surged by $8.10 to $118.93 per barrel in Friday’s trading, up from $110.83 per barrel the previous session, according to data released by the Kuwait Petroleum Corporation.

According to Qatar News Agency, in glob…

China’s Growth Remains Resilient Despite Global Energy Shocks

Beijing: Qatar National Bank (QNB) said China’s economic growth outlook remains broadly resilient despite mounting geopolitical tensions and volatility in global energy markets, citing structural factors that mitigate the impact of rising energy price…

US Stocks Post Fifth Consecutive Losing Week

New york: The main indexes on Wall Street closed lower Friday, recording their worst close in more than six months.

According to Qatar News Agency, the SandP 500 index lost 1.70%, closing at 6,368.85 points, marking its fifth consecutive weekly loss…

Crude Edges Lower on Hopes of Middle East De-escalation

Singapore: Oil prices eased in early Asian trade on Friday, as markets reassessed geopolitical risk amid signs of potential de-escalation in the Middle East, after US President Donald Trump signaled progress in talks with Iran and a reported delay to …

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