Category: Industry

European Shares Flat ahead of Fed Rate Decision

European shares were flat on Wednesday, as investors stayed on the sidelines ahead of an all-important interest rate decision by the US Federal Reserve that could mark the beginning of a monetary-easing cycle in the world’s largest economy.

The pan-E…

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Oil prices close higher at settlement

Oil prices closed higher on Tuesday, reaching their highest level this month, with increasing supply disruptions and traders betting that demand will grow if the Federal Reserve/US Central Bank/cuts borrowing costs this week.

Brent crude futures rose…

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Qatar Central Bank Cuts Interest Rate

Qatar Central Bank announced a 55 basis point cut to its benchmark interest rate on Wednesday.

A QCB post on X said the move came following an assessment of the State of Qatar’s current monetary policy, based on the Monetary Policy Committee decision…

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Oil Prices Settle Up

Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet that demand will grow if the US Federal Reserve lowers borrowing costs this week, as is widely expected.

Brent crude futures gained 95 cents, or 1.3%, to se…

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