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Day: September 9, 2024

Hot, Misty Weather Expected Today

Doha: Weather inshore until 6:00 pm on Monday will be misty at places at first, becoming hot daytime, the Department of Meteorology said in its daily weather report.

Offshore, the weather will be hazy at times, the report added.

Wind inshore will be…

Hot, Misty Weather Expected Today

Doha: Weather inshore until 6:00 pm on Monday will be misty at places at first, becoming hot daytime, the Department of Meteorology said in its daily weather report.

Offshore, the weather will be hazy at times, the report added.

Wind inshore will be…

Gold Slips Below $2,500 Mark

Gold prices remained steady on Monday and was trading slightly below the key $2,500 an ounce level, as the market awaited August inflation data for further insights into the anticipated Federal Reserve interest rate cut this month.

Spot gold was nea…

Oil Prices Jump $1 on Post Selloff Recovery

Oil futures jumped by a dollar in early trading on Monday as markets recovered from a selloff following weaker-than-expected US jobs data on Friday.

West Texas Intermediate crude futures rose $1, or 1.48%, to $68.67 a barrel.

Brent crude futures we…

QCB’s August 2024 Foreign Currency Reserves Up by Four Percent

Doha: Qatar Central Bank (QCB)’s international reserves and foreign currency liquidity recorded QR 252.3 billion in August 2024, a four-percent Y-o-Y rise.

The data released by the QCB on Monday unveiled a 5.2-percent increase in official reserves at…

QSE Index Rises 0.12% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 12.74 points, or 0.12% to reach the level of 10,273 points at the beginning of trading on Monday, compared to yesterday’s closing.

QSE general index was supported by a rise in most sectors: T…

Kuwait Central Bank Issues Bonds, Tawarruq Worth KD 240 Million

The Kuwait Central Bank (KCB) has announced the issuance of bonds and related tawarruq with a total value of KD 240 million (about USD 792 million ).

In a statement on Monday, the KCB explained that the issuance period is three months, with a return…

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