Category: Industry

Gold prices were steady on Thursday, hovering close to record highs, on expectations of another big US rate cut this year.

Spot gold was up 0.2% at $2,661.25 per ounce. Bullion hit a record high of $2,670.43 on Wednesday.

US gold futures were steady…

Doha: The Qatar Stock Exchange (QSE) index ended the current week’s trading with an increase of 1.12 percent, gaining 117.51 points to its balance, thus increasing to 10,581.66 points compared to last week’s closing.

In his remarks to Qatar News Agen…

Basra heavy and medium crude prices decreased slightly despite the stability of oil prices in global markets.

Basra heavy crude prices decreased by two cents, recording $ 69.37, and medium crude prices decreased by two cents, reaching $ 72.37.

Oil …

Manama, Bahrain All Share Index has closed at 2,018.96 points, marking a decrease of 6.27 points below the previous closing.

This decrease was due to the drop in the financial sector, the materials sector and the consumer staples sector.

Bahrain Is…

Minister of Transport Razzaq Muhaibis Al-Saadawi discussed, today, Wednesday, with the Secretary-General of the International Maritime Organization Arsenio Dominguez in London, the procedures for returning Iraq to the white list of the International …

Oil futures fell by more than 2 % at settlement on Wednesday, affected by a decline in crude oil inventories in the United States.

Brent crude futures fell by $1.71, or 2.27 %, to $73.46 a barrel at settlement.

US West Texas Intermediate crude futu…

Manama, Bahrain All Share Index has closed at 2,025.23 points marking a decrease of 3.66 points below the previous closing.

This decrease was due to the drop in the communication services sector and the material sector.

Bahrain Islamic Index has cl…

The Ministry of Oil called for a meeting to discuss the draft amendment to the Investment Law for Refining Crude Oil No. 64 of 2007, attended by members of the Legislation Committee in the Parliamentary Oil, Gas and Natural Resources Committee.

The …