Category: Key Issues

Kuwait City: The price of Kuwaiti oil rose by 89 cents to reach $76.60 per barrel in trading on Friday, compared to $75.71 per barrel the previous day, according to the price announced by Kuwait Petroleum Corporation. According to Qatar News Agency, in global markets, Brent crude futures increased by 16 cents, reaching $72.16 per barrel, while US West Texas

Doha: Egyptian President Abdel Fattah El-Sisi stated today that Egypt is facing monthly losses of approximately USD 800 million in Suez Canal revenues due to ongoing regional instability. According to Qatar News Agency, El-Sisi acknowledged the economic challenges but highlighted positive indicators within Egypt’s economy. He pointed to the International Monetary Fund’s recent approval of a new aid tranche as

Doha: European stocks closed higher Monday, boosted by gains in energy and healthcare stocks, as investors focused on fiscal reforms in Germany and the Russia-Ukraine war. The pan-European Stoxx 600 index closed 0.8 percent higher, kicking off the week on a positive note. According to Qatar News Agency, the index extended gains from last Friday, when it recorded its biggest

Doha: The latest exchange rates for various currencies in Qatar have been released, providing insight into the current financial landscape. The exchange rate for the U.S. Dollar is set between 3.63000 and 3.65000 Qatari Riyals, while the rates for precious metals like silver, gold, and platinum are also provided with silver trading between 32.43160 and 32.44460 USD. According to Qatar

Doha: Exchange rates for foreign currencies have been updated as issued by Qatar National Bank (QNB) on Monday. The revised rates reflect both the buying and selling values for a range of currencies. According to Qatar News Agency, the buying and selling rates for the currencies are as follows: The A.E. Dirham is set at 0.97800 for buying and 1.00100

New York: Gold prices edged higher on Monday, helped by a weaker US dollar and safe-haven flows triggered by fears of a global trade war, while investors awaited further clues to gauge the Federal Reserve’s interest rate stance. Spot gold was up 0.1 percent at US$2,914.42 an ounce, while US gold futures rose 0.3 percent to US$2,921.90. According to Qatar

Doha: Oil prices fell on Monday as concern about the impact of US import tariffs on global economic growth and fuel demand, as well as rising output from OPEC+ producers. Brent crude fell 25 cents, or 0.4%, to $70.11 a barrel after settling up 90 cents on Friday. US West Texas Intermediate crude was at $66.76 a barrel, down 28

New York: The major stock indices on the US Wall Street Stock Exchange closed higher at the end of the trading session. According to Qatar News Agency, the Dow Jones Industrial Average ended the session up 222.64 points, or 0.5 percent, to reach 42,801.72 points. The broader Standard and Poor’s 500 Index also rose 31.68 points, or 0.6 percent, to