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Category: Industry

Oil Prices Drop Over 1%

Oil prices fell by more than 1 percent on Tuesday due to concerns over a slowdown in the Chinese economy, which is impacting demand, despite growing consensus that the US Federal Reserve may start cutting interest rates in September.

Brent crude futu…

MEEZA Partners with US AMD on Artificial Intelligence

Doha: MEEZA, Qatars leading managed IT services and data centers provider, has announced a strategic cooperation agreement with the advanced Micro Devices, Inc. American multinational corporation AMD, a global leader in high-performance computing and …

Oil Prices Drop Over 1%

Oil prices fell by more than 1 percent on Tuesday due to concerns over a slowdown in the Chinese economy, which is impacting demand, despite growing consensus that the US Federal Reserve may start cutting interest rates in September.

Brent crude futu…

Oil Prices Close on Decline

Oil prices declined at the close of trading on Monday.

Brent crude futures fell by 18 cents, or 0.2 percent, to settle at $84.85 per barrel. Meanwhile, West Texas Intermediate (WTI) crude dropped by 30 cents, or 0.4 percent, to settle at $81.91 per b…

South Korea’s Auto Exports Rise in First Half of 2024

South Korea’s car exports hit a fresh high in the first half of 2024, data showed Tuesday, amid growing global demand for hybrid models.

The combined value of car shipments reached US$37 billion in the January-June period, up 3.8 % from a year earlie…

Gold Prices Rise Amid Optimism about US Interest Rate Cuts

Gold prices rose Tuesday after statements by Chair of the Federal Reserve (US central bank) Jerome Powell strengthened the justifications for lowering interest rates in September 2024, while investors await more US economic data for other indicators a…

Gold Prices Rise Amid Optimism about US Interest Rate Cuts

Gold prices rose Tuesday after statements by Chair of the Federal Reserve (US central bank) Jerome Powell strengthened the justifications for lowering interest rates in September 2024, while investors await more US economic data for other indicators a…

QSE Index Drops 0.07% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 7.01 points, or 0.07 percent, at the beginning of trading on Tuesday, reaching 10,189 points, compared to yesterday’s closing.

QSE general index was weighed down by a decline in three sect…

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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 …