Doha: Gold prices declined on Wednesday as investors weighed expectations that the US Federal Reserve will maintain a cautious monetary policy stance, amid rising oil prices and mounting inflationary pressures. Gold prices experienced a dip, with spot…
Muscat: The official price of Oman crude for May delivery rose to $153.12 per barrel, up by $0.54 from Tuesday’s price of $152.58, according to data released on Wednesday.
According to Qatar News Agency, on a monthly basis, the average price of Oman…
Kuwait city: The price of Kuwaiti oil rose by $4.60 to $153.22 per barrel on Tuesday, compared to $148.62 the previous day.
According to Qatar News Agency, the Kuwait Petroleum Corporation (KPC) reported the increase in oil prices. In global markets…
Doha: European stock markets ended the day broadly higher, despite a renewed rise in oil prices above $100 a barrel amid fresh supply concerns. The pan-European STOXX Europe 600 index closed up 0.6%, with most sectors and major regional bourses postin…
Muscat: The Muscat Stock Exchange’s (MSM) 30 Index closed higher on Monday, gaining 66.32 points, or 0.86 percent, to reach 7,775.42 points, compared to 7,709.11 points in the previous session. Trading value stood at OMR 39.41 million, down 32.2 perce…
Doha: The US Federal Reserve kept the key interest rate unchanged. The Fed maintained the overnight benchmark rate in the 3.50-3.75% range at its meeting on Wednesday.
According to Qatar News Agency, in a statement, the central bank said the impact …
Doha: HE Minister of Commerce and Industry Sheikh Faisal bin Thani bin Faisal Al-Thani has said the country’s markets remain stable and well-supplied, despite ongoing regional tensions and the closure of the Strait of Hormuz.
According to Qatar News …
Doha: Exchange rates in Qatar have shown a dynamic range of fluctuations across various currencies, reflecting the global economic trends. Notably, the exchange rate for the U.S. Dollar stands stable with a buying rate of 3.63000 and a selling rate of…
Syrian sources announced that the sound of explosions in Deir Ezzor is caused by US artillery shelling of the Conoco gas field towards the positions of militants in the area.
Source: National Iraqi News Agency