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Day: July 31, 2024

Kuwait Condemns Assassination of Hamas Political Bureau Chief

Kuwait has strongly condemned and denounced the attack on Iran and the assassination of Hamas political bureau chief Ismail Haniyeh.

The Kuwaiti Foreign Ministry said in a statement that the State of Kuwait expresses its deep concern over the crimina…

Oil Prices Fell by More Than 1 Percent at Tuesday’s Trading

Oil prices fell by more than 1 percent at the close of todays trading, ending at the lowest level in seven weeks.

Futures contracts for Brent crude for October delivery decreased by $1.15, or 1.4 percent, settling at $78.63 per barrel.

Futures contr…

QatarEnergy Announces Fuel Prices for August

Doha, July 31 (QNA) – QatarEnergy announced Wednesday the fuel prices for August 2024, keeping the prices of diesel, Gasoline 95 and Gasoline 91 unchanged.

QatarEnergy has set the price of a liter of diesel at QR 2.05, the price for Super Gasoline 95…

US Federal Reserve Keeps Interest Rates Unchanged

Doha: The US Federal Reserve left its benchmark interest rate unchanged today, maintaining the federal funds target range at 3.50% to 3.75%.

According to Qatar News Agency, the decision to keep rates unchanged was opposed by three of the 12 members …

China’s Non-manufacturing PMI Falls in July 2024

China’s purchasing managers’ index (PMI) for the non-manufacturing sector came in at 50.2 this July, reflecting a contradiction from 50.5 in June, data from the National Bureau of Statistics showed on Monday.

Chinese news agency (Xinhua) quoting the …

Qatar’s Budget Records QR 2.6B Surplus in Q2 of 2024

Doha July 31 (QNA) – The Ministry of Finance announced Wednesday that the State of Qatar’s budget for the second quarter of 2024 recorded a surplus of QR 2.6.

The surplus was directed to reducing public debt, and therefore there is no cash surplus, t…

Gold Prices Set for Monthly Gain on US Rate Cut Hopes

Gold prices firmed on Wednesday, heading for a monthly gain on the back of growing optimism about US interest rate cuts.

Spot gold was up 0.4% at $2,416.79 per ounce, and has gained nearly 4% for the month. US gold futures added 0.5% to $2,414.80.

S…

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