Muscat: The Muscat Stock Exchange posted a positive performance in April despite a corrective phase that trimmed gains in the main index and sectoral indicators. Trading value rose last month to OMR 1.541 billion, bringing total trading value over the…
Muscat: The main index of the Muscat Stock Exchange posted a weekly gain of around 210 points, recovering previous losses to close at 8,369 points, supported by gains in blue-chip stocks.
According to Qatar News Agency, sectoral indices recorded bro…
Doha: Qatar National Bank (QNB) projects global headline inflation to rise to 4.4% amid an energy shock triggered by escalating military tensions in the Middle East, marking a sharp reversal from the pre-conflict trajectory. This shock is likely to dr…
New york: The main indices on Wall Street closed mixed at the end of today’s trading session, amid a continued rise for the sixth consecutive week for the Standard and Poor’s 500 and Nasdaq indices.
According to Qatar News Agency, the Standard an…
Doha: Oil prices fell sharply today, but are still on track for weekly gains as the Strait of Hormuz remains closed. Brent crude futures for July delivery fell $2.23, or 2.02 percent, to settle at $108.17 a barrel. West Texas Intermediate crude future…
Manama: US stocks ended Thursday trading at a new all-time high. The S and P 500 closed at a new record, ending trading 1.02 percent higher at 7,209.01. The Nasdaq followed suit, closing at a record high. And while the Dow Jones Industrial Average was…
Manama: The Gulf Cooperation Council (GCC): The Gulf Cooperation Council (GCC) has emphasized the critical role that the private sector plays in achieving national goals and enhancing the collaborative efforts of Gulf nations. Secretary General of the…
Manama: Oil prices fell at settlement on Thursday after earlier surging to multi-year highs amid concerns over potential supply disruptions in the Middle East. Futures for Brent crude dropped by $4.02, or 3.41%, to settle at $114.01 a barrel. Meanwhil…