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Day: June 9, 2025

Omani Oil Prices Rises USD 1.36 a Barrel

Muscat: The official price of Omani crude oil for delivery next August was set at USD 65.79. This reflects an increase of USD 1.36 compared to last Friday’s level of USD 64.43.

According to Qatar News Agency, the monthly average price of Omani crude …

China’s Consumer Inflation Sees Slight Decline in May

Doha: China’s consumer price index (CPI) edged down 0.1 percent year on year in May. On a monthly basis, the CPI dipped 0.2 percent last month, official data showed Monday.

According to Qatar News Agency, the Chinese National Bureau of Statistics (N…

CBK Issues Bond, Tawarruq Worth KD 200 Million

Doha: The Central Bank of Kuwait (CBK) announced the issuance of bonds and Tawarruq worth KD 200 million (approximately USD 660 million).

According to Qatar News Agency, CBK stated that the period of the issuance is three months, with a return rate …

Saudi GDP Grows 3.4% in First Quarter of 2025

Riyadh: Saudi Gross Domestic Product (GDP) for the first quarter of 2025 achieved a 3.4% growth compared to the same quarter in 2024.

According to Qatar News Agency, the Saudi General Authority for Statistics (GASTAT) reported that this growth was d…

China, US Hold Talks in London Aims to Defuse Trade Tensions

London: The first meeting of the China-US Economic and Trade Consultations opened Monday in London, with senior officials from both sides attending. The meeting aims to defuse major trade tensions that have expanded beyond mutual tariffs to include re…

Islamic Finance Assets in Qatar Reach QR 683 Billion in 2024

Doha: The Islamic finance report in Qatar, issued by Bait Al Mashura Financial Consulting, has shown that Islamic finance assets grew by 4.1 percent year-on-year, reaching QR 683 billion in 2024. The report, which monitors the business results of Isla…

US Stock Indices Open Higher as US-China Trade Talks Continue

New York: Major stock indices on Wall Street opened higher Monday as investors followed a new round of negotiations between the United States and China aimed at resolving a trade dispute between the world’s two largest economies, which has shaken mark…

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