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Category: Industry

Kuwait Oil Price Down to USD 82.61 PB

Price of Kuwaiti oil dropped USD 1.29 to settle at USD 82.61 per barrel on Wednesday compared with USD 83.90 pb the day before, Kuwait Petroleum Corporation (KPC) said in on Thursday.

Globally, the price of Brent crude rose by 70 cents to USD 81.71 p…

QSE Index Loses 37 Points at Beginning of Thursday’s Trading

Doha: Qatar Stock Exchange (QSE) index lost 0.37 percent at the beginning of Thursdays trading, losing 37.33 points and thus falling to 10,100 points under pressure from all sectors.

QSE attributed the decline in the general index to the negative per…

QSE Index Closes Down 0.39 Percent

Doha: The Qatar Stock Exchange (QSE) index closed Thursday’s trading session with a decrease of 39.09 points, or 0.39 percent, settling at 10,098.36 points.

During the session, 100,123,121 shares were traded, with a total value of QR 300,134,561.768,…

Chinese Big Lenders Lower Deposit Interest Rates

China’s major state-owned commercial banks announced on Thursday reductions in deposit interest rates.

The one-year fixed-term deposit interest rate was cut by 10 basis points to 1.35 percent, according to the official deposit interest rates released…

Bahrain All Share Index marks 1,975.11 points

Manama, Bahrain All Share Index has closed at 1,975.11 points, marking a decrease of 3.15 points below the previous closing.

This decrease was due to the drop in the financial and industrial sectors.

Bahrain Islamic Index closed at 823.30 points, ma…

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Gold Prices Climb by One Percent Amid Declining Oil Prices

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 …