Gold prices on Monday fell by more than 2 percent, amid a broad-based sell-off in stocks driven by growing economic concerns.
Spot gold fell 2.2 percent to $2,389.79 per ounce, while US gold futures lost 1.6 percent to $2,430.
As for other precious …
Doha: Qatar’s non-energy private sector continued to expand at the start of the second half of 2024, according to the latest Purchasing Managers’ Index (PMI ) survey data from Qatar Financial Centre (QFC) compiled by S and P Global.
Output and new or…
The Central Bank of Kuwait (CBK) announced on Monday the allocation of issuance of bonds and tawarruq amounting to KD 160 million (about USD 528 million).
The CBK said in a statement carried by Kuwait news agency (KUNA), that the issuance period is t…
The official price of Omani oil, for delivery in October, reached on Monday USD 74.55 per barrel, a decrease of USD 4.65 (5.78 percent) compared with Friday’s price, which was USD 79.20 per barrel.
It is noteworthy that the monthly average price of O…
The Sultanate of Oman’s overall oil exports during the first half of 2024 increased by 0.3 percent to stand at 153,362,300 barrels. The average price of a barrel was USD 82.2. Oil exports constituted 84.6 percent of the total volume of oil production,…
Qatari sprinter Ammar Ismail secured fourth place in his group during the 400-meter heats, clocking a new personal best of 44.66 seconds, on Sunday, at the Paris 2024 Olympic Games.
Ammar Ismail’s new personal record qualified him for the World Champ…
Oil prices hovered at an eight-month low on Tuesday, as concerns over a US recession and the impact of conditions in the Middle East on supplies persist.
Brent crude futures fell 4 cents, or 0.1 percent, to USD76.77 a barrel, while West Texas Interme…
Qatari Athlete Abdulrahman Samba qualified for the semi-finals of the 400m hurdles race in the athletics competitions held today at the Stade de France Olympic in the Paris 2024 Olympic Games.
Samba finished the qualifying round in the second group w…
Doha: The general index of Qatar Stock Exchange (QSE) fell below the 10,000-point mark at the beginning of trading on Monday, reaching 9,885 points after dropping 172 points, or 1.71%, compared to the closing of Sunday’s session, affected by declines …
Japan’s yen hit its highest levels against the dollar since January on Monday, as markets extended moves triggered last week after weak US labor data stoked recession worries and expectations of deeper rate cuts by the Federal Reserve.
The dollar ind…