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Category: Industry

Gold Prices Steady with US Economic Data in Focus

Gold prices were steady on Monday as investors looked to a key US jobs data to firm their bets on the size of the Federal Reserve’s interest rate cut expected this month.

Spot gold was last at $2,502.89 per ounce, while US gold futures inched up 0.3%…

Oil Extends Losses as Investors Weigh Higher OPEC+ Supply

Oil prices extended losses on Monday with investors weighing higher OPEC+ production from October against a sharp drop in output from Libya amid sluggish demand in China and the United States.

Brent crude futures fell 57 cents, or 0.7%, to $76.36 a b…

Bahrain All Share Index marks 1,956.32 points

Manama, Bahrain All Share Index has closed at 1,956.32 points, marking a decrease of 1.17 points below the previous closing.

This decrease was due to the drop in the material sector.

Bahrain Islamic Index has closed at 808.87 points, marking an inc…

Iraq’s oil exports to US fall last week

The US Energy Information Administration (EIA) announced a decrease in Iraq’s oil exports to the United States during the past week.

The EIA stated in a table that “the average US imports of crude oil during the past week from 9 major countries amoun…

Scattered Clouds, Hazy to Misty Weather Expected Tonight

Weather inshore tonight until 6:00 am on Monday will be scattered clouds, hazy to misty by late night, the Department of Meteorology said in its daily weather report.

Offshore, it will see hazy to misty at times with scattered clouds, the report adde…

HH the Amir Issues Law on Localizing Private Sector Jobs

HH the Amir Sheikh Tamim bin Hamad Al-Thani issued Sunday Law No. (12) of 2024 on localizing the private sector jobs.

The law will be effective six months after it is published in the official gazette.

Source: Qatar News Agency

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