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Category: Industry

Gold Prices Inch Lower as US Inflation Data Looms

Gold prices edged lower on Wednesday as investors remained on the sidelines ahead of a key US inflation print later in the day that could set the tone for the Federal Reserve’s September policy meeting.

Spot gold eased 0.2% to $2,460.87 per ounce. Pr…

Bahrain All Share Index marks 1,941.10 points

Manama, Bahrain All Share Index has closed at 1,941.10 points, marking an increase of 6.95 points above the previous closing.

This increase was due to the rise in the communication services sector, the financial sector and the material sector.

Bahra…

QSE Index Closes 0.37 Percent Higher

Doha: The Qatar Stock Exchange (QSE) general index closed at 10,108.200 points on Wednesday, 36.8 points (0.37 percent) up from its previous closing.

A trading volume of 102,423,699 shares was registered in 14,223 transactions in all sectors, with a …

Dollar Drops as Inflation Data Reinforces Bets on 2024 Rate Cuts

The dollar extended losses on Wednesday after falling against major currencies overnight as upbeat US producer price data reinforced bets on a rate cut this year.

Risk-sensitive currencies stayed strong after the unexpected softening in inflation buo…

Shekel gains significant strength against dollar and euro

Bethlehem-Ma’an- The dollar and the euro fell slightly against the Israeli shekel, which witnessed a noticeable increase, and traded today at 3.71 shekels, an increase of about 1.3% compared to the representative price that was set on Monday at 3.78.
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UK Inflation Rises to 2.2 Percent in July after Months of Decline

The United Kingdom’s (UK) inflation rate rose to exceed the Bank of England’s target of 2 percent, the first increase recorded this year after months of decline.

According to data issued by the UK’s Office for National Statistics (ONS) on Wednesday, …

Popular News

Israeli Forces Arrest 21 Palestinians Across West Bank

Qalqiliya:Occupied Jerusalem The Israeli occupation forces arrested 21 Palestinians, including a journalist, during operations across various areas of the West Bank.

According to Qatar News Agency, the arrests took place in Qalqiliya, where the forc…