Jordan’s King Abdullah II stressed, during a phone call he received from US President Joe Biden on Monday, the need to de-escalate the situation in the region and reach a comprehensive calm that prevents it from sliding into a regional war.
The Jorda…
The official price of Omani oil, for delivery in October, reached on Monday USD 74.55 per barrel, a decrease of USD 4.65 (5.78 percent) compared with Friday’s price, which was USD 79.20 per barrel.
It is noteworthy that the monthly average price of O…
The Central Bank of Kuwait (CBK) announced on Monday the allocation of issuance of bonds and tawarruq amounting to KD 160 million (about USD 528 million).
The CBK said in a statement carried by Kuwait news agency (KUNA), that the issuance period is t…
Doha: Qatar’s non-energy private sector continued to expand at the start of the second half of 2024, according to the latest Purchasing Managers’ Index (PMI ) survey data from Qatar Financial Centre (QFC) compiled by S and P Global.
Output and new or…
Gold prices on Monday fell by more than 2 percent, amid a broad-based sell-off in stocks driven by growing economic concerns.
Spot gold fell 2.2 percent to $2,389.79 per ounce, while US gold futures lost 1.6 percent to $2,430.
As for other precious …
Qatari financial services companies recorded further sharp expansions in total business activity and new contracts in July, albeit at softer rates than in June. The seasonally adjusted Financial Services Business Activity and New Business Indexes post…
Doha: Qatar Oman Investment Company (QOIS), a Qatari Public Shareholding Company, has achieved a net profit of QR 1.3 million in H1 of 2024, against losses of QR2.5 million recorded during the same period of the previous year.
According to data relea…
Oil futures extended losses in today’s session amid market volatility, as fears of a recession in the United States overshadowed concerns that escalating tensions in the Middle East could affect oil supplies.
Asian markets fell as investors abandoned…
London:Gold prices increased by approximately one percent, bolstered by a decline in oil prices as investors anticipate the upcoming US Federal Reserve monetary policy meeting for insights on future interest rate directions.
According to Qatar News …