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Day: August 5, 2024

Gold Rises Amid US Recession Fears

Gold prices drifted higher on Monday, aided by worries that the US could be headed for a recession and rising bets that the Federal Reserve will likely need to start cutting interest rates aggressively.

Spot gold rose 0.14 percent to USD 2,446.83 per…

Oil Falls 1% Amid US Recession Fears

Oil futures extended losses in today’s session amid market volatility, as fears of a recession in the United States overshadowed concerns that escalating tensions in the Middle East could affect oil supplies.

Asian markets fell as investors abandoned…

Al Bidda SC Sign Agreement with AFC Ajax to Develop Young Players

Doha: Al Bidda SC signed a long-term agreement with the Netherlands’ AFC Ajax to develop the club’s youth.

During a press conference held Monday at Stadium 974 on the occasion of signing the agreement that is set to last until 2029, HE Vice President…

Qatar Chairs Technical Meeting of GCC Police Sports Federations

Doha: The State of Qatar chaired the fifth meeting of the permanent technical team for unified championships and sports competitions of the Police Sports Federations of the Gulf Cooperation Council (GCC) countries, held Monday via videoconferencing.

Non-Energy Private Sector Continues to Expand in July -1-

Qatari financial services companies recorded further sharp expansions in total business activity and new contracts in July, albeit at softer rates than in June. The seasonally adjusted Financial Services Business Activity and New Business Indexes post…

Non-Energy Private Sector Continues to Expand in July -1-

Qatari financial services companies recorded further sharp expansions in total business activity and new contracts in July, albeit at softer rates than in June. The seasonally adjusted Financial Services Business Activity and New Business Indexes post…

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