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Category: Industry

Oil Rises Amid Middle East Supply Concerns

Oil prices rose slightly on Monday amid growing concerns about potential supply disruptions from the oil-producing Middle East.

Brent crude futures for November delivery increased by 16 cents, or 0.22%, reaching $72.14 a barrel.

US West Texas Interm…

$801 million current account deficit in the balance of payments

Ramallah – Ma’an – The latest surveys by the Central Bureau of Statistics, the results of which were released on Monday, showed that the trade deficit in the Palestinian balance of payments rose to $801 million in the second quarter of 2024.

The Cent…

Japan’s Nikkei Down Over 4% on Stronger Yen

Japan’s Nikkei stock index sank more than 4% on Monday, as the yen strengthened after Shigeru Ishiba won the ruling Liberal Democratic Party’s leadership elections late last week.

The 225-issue Nikkei Stock Average fell 1,849.22 points, or 4.64%, fro…

China’s central bank conducts reverse repos Sunday

Beijing, China’s central bank conducted 182 billion yuan (about 25.96 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.5 percent Sunday.

The move aims to keep liquidity in the banking system reasonable and ample at the end o…

QSE Index Closes Trading 3.64 Points Up

Qatar Stock Exchange (QSE) Index closed its trading session today, up by 3.64 points, or 0.03 percent, to reach 10,585.30 points.

During the session, 169,787,92 shares were traded, with a value of QAR 334,707, 20.510, as a result of executing 11,923 …

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