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Category: Industry

Dollar Falls on Bolstered Expectations of Supersized US Rate Cut

The dollar continued to decline Thursday as renewed concerns over the US economy’s growth outlook bolstered expectations of a supersized rate cut from the Federal Reserve this month.

The dollar index, which measures the performance of the US currency…

Finance Minister Meets Central Bank of Egypt Governor

HE Minister of Finance Ali bin Ahmed Al Kuwari met with HE Governor of the Central Bank of the Arab Republic of Egypt (CBE) Hassan Abdullah on the sidelines of his participation in the ministerial meeting of the Arab Economic and Social Council in its…

Oil Stable as Traders Weigh Weak Demand

Oil was trying to hold its line in early trade on Thursday after an overnight selloff, as traders come to grips with weak need along with a possible delay to more supply going into the market next month.

Brent unrefined futures for November increased…

Korea’s Economy Contracts 0.2 Pct in Q2, 2024

South Korea’s economy retreated in the second quarter of the year amid weaker domestic demand, while exports remained solid.

The country’s real gross domestic product, a key measure of economic growth, contracted 0.2 percent on-quarter in the April-J…

Real Estate Trading Volume Exceeds QAR 269 million in One Week

Doha: The volume of real estate trading in sales contracts registered with the Real Estate Registration Department at the Ministry of Justice during the period from August 25 to 29 reached QAR 242,912,078, while the total sales contracts for the real …

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