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Category: Industry

QNB: August Will See Bank of England Begin Gradual Easing Cycle

Doha: Qatar National Bank (QNB) expects that the Bank of England will take a new path for its monetary policy, and begin an easing cycle and reduce interest rates, at its next meeting, scheduled for August 2024, and this step will be supported by the …

Basra crude oil prices decline due to the rise in the dollar

Basra heavy and medium crude oil recorded losses for the second week in a row, as global oil prices recorded the second weekly decline in a row by about 3%.

Basra Heavy crude closed in its last session, yesterday, Friday, with a decrease of $1.09, re…

Oil falls for second week, closes at lowest level in a month

WASHINGTON – Ma’an – Oil prices recorded a weekly decline, falling for the second week in a row, as the two benchmark crudes fell by more than 2.5%, after oil prices fell by more than two dollars on Friday, recording at the settlement their lowest lev…

US, European stocks lose ground after global technical glitch

WASHINGTON – Ma’an – US stocks continued to decline on Saturday as chaos linked to a global technical glitch due to a software malfunction added to uncertainty in an already volatile market, while European stocks also fell.

The widespread global tech…

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