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Category: Industry

QICCA Registered Cases Amounting to Early QR 3 Billion in 2023

Doha: Secretary-General of the Qatar International Centre for Conciliation and Arbitration (QICCA) of Qatar Chamber, Ibrahim Shahbik, stated that the Centre made significant achievements last year. He emphasized its vital role in promoting the arbitra…

QNB Expects US Disinflation Will Lead to Lower Rates

Doha: QNB said in its weekly economic report that it expects US inflation to continue to moderate in the coming months towards acceptable levels, after it has declined significantly from its peak, supported by strong productivity growth, reduced labor…

Oman Oil Prices Rise to $81.7 a Barrel

The official price of Omani oil, for delivery in September, today, was recorded at $81.70 per barrel..

The price of Omani oil witnessed an increase of $1.04 compared to yesterdays price, Thursday, which amounted to $80.66.

It is noteworthy that the …

US Inflation Rate Rises in June

The US Department of Commerce revealed Friday that the country’s inflation rate rose on a monthly basis during June.

The Department said in a statement that consumer prices rose in June by 0.1 percent on a monthly basis after stabilizing in May, whil…

Gold Prices Up as Investors Anticipate US Inflation Data

Gold prices went up on Friday but are on track to record a weekly decline, as investors are awaiting new US inflation data, which is expected to offer further clues about the timing of a potential interest rate cut.

Spot gold rose by 0.4% to $2,374.1…

Oil Falls on Weak China Demand Concerns

Oil prices eased on Thursday due to concerns over weak demand in China, the world’s largest crude importer.

Brent crude futures for September fell 38 cents, or 0.5%, to $81.33 a barrel.

US West Texas Intermediate crude slid 33 cents, or 0.4%, to $77…

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