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Category: Industry

Gold Prices Fall as Traders Await Fed Rate Cut Cues

Gold prices fell on Friday and headed for a weekly decline, while investors awaited further cues to gauge the size of a potential US interest rate cut in September.

Spot gold was down 0.2% at $2,421.31 per ounce, after rising more than 1% on Thursday…

European Stocks Close Slightly Higher

European stocks closed slightly higher at the end of Thursday’s trading .

The Stoxx 600 index ended trading up 0.1 percent after a sharp decline in technology stocks earlier in the day, which led to a decline in the European index by more than 1 perc…

Mazaya Real Estate Reports QR 75.4 Million Loss in H1 of 2024

Doha: Mazaya Real Estate Development Company announced that it incurred a net loss of QR 75.438 million in the first half of this year, compared to a net profit of QR 14.885 million in the first half of 2023.

The company said in a statement published…

European Stocks Achieve Best Performance Since Last November

European stock indices closed higher at the end of Wednesday’s trading, achieving their best performance in more than nine months.

The European Stoxx 600 index ended trading up more than 1 percent in its strongest performance since November 2, thanks…

Oman Oil Price Rises USD 1.27

Oman oil price (October delivery 2024) reached USD 76.27 pb, comprising a rise by 48 cents compared to the price of yesterday (Wednesday), which stood at USD 75.49 pb.

The average price of Oman oil (August delivery 2024) has stabilized at USD 82.50 p…

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