Egypt: Oil prices rose on Friday on concerns that renewed Middle East tensions and disruptions in the Strait of Hormuz could tighten global supply. Brent crude futures rose $1.23, or 1.17%, to $106.30 per barrel, while US West Texas Intermediate (WTI)…
New york: US stocks closed lower on Thursday after volatile trading, amid anticipation of earnings reports and renewed concerns about disruptions caused by artificial intelligence in the software sector.
According to Qatar News Agency, the Standard …
Egypt: The US dollar was on track for its first weekly gain in three weeks on Friday, as persistent uncertainty following the collapse of US-Iran peace talks dampened expectations for a swift easing of Middle East tensions. The dollar index, which tra…
Qatarenergy: QatarEnergy has marked the first LNG export cargo from the Golden Pass LNG project in Sabine Pass, Texas, in the United States-a joint venture between QatarEnergy and ExxonMobil. Marking an important step towards the project’s commencemen…
Muscat: European stocks closed mixed Thursday, as investor concerns over the collapse of peace talks between the United States and Iran and weak economic data overshadowed positive corporate earnings. The pan-European Stoxx 600 index ended trading unc…
Doha: Qatar Aluminum Manufacturing Company (QAMCO), a Qatari public shareholding company, saw its net profit jump by 33.5 percent during the first quarter of this year, reaching QR 208.93 million, compared to QR 156.41 million during the same period l…
Doha: The price of gold in the Qatari market edged down by 2.61% during the current week, reaching $4706.00 per ounce, according to data issued by Qatar National Bank (QNB).
According to Qatar News Agency, the data showed that the price of gold fell…
New york: The dollar inched higher near a week and a half high on Thursday as a stand-off between Iran and the US in the Middle East war and lack of progress in peace talks lifted oil prices back above $100 per barrel, weighing on investor sentiment. …