Seoul: South Korea’s consumer prices increased by 3.1% in August compared to the previous year, driven by sustained high oil prices and elevated mobile service subscription charges. This rise in mobile charges is attributed to a low base effect from s…

New york: Gold fell on Wednesday to its lowest in more than three weeks, as the escalating Middle East conflict lifted oil prices and stoked inflation and rate-hike fears, while investors focused on upcoming US jobs data. Spot gold was down 0.6% at $4…

Doha: The Qatar Stock Exchange (QSE) index closed 101.52 points lower on Wednesday, representing a 1.03% decline, to settle at 9,751.31 points.

According to Qatar News Agency, the trading volume for the day reached 87,368,852 shares, with a turnove…

Doha: The Qatar Financial Centre (QFC) has signed a Memorandum of Understanding (MoU) with AlRayan Bank to facilitate access for QFC firms to banking services and strengthen cooperation in Islamic finance and capital markets in Qatar.

According to Q…

Ramallah: The main US stock indexes opened mixed on Wednesday: The Dow Jones Industrial Average rose 62.7 points, or 0.12 percent, at the open to 52,829.58.

According to Qatar News Agency, the S and P 500 gained 3.1 points, or 0.04 percent, reaching…

Baghdad: Iraqi Prime Minister Ali Faleh Al Zaidi met Wednesday with a delegation from the US-based Atlantic Council, led by Director of the Iraq Initiative within the Council’s Middle East Programs, Victoria J. Taylor, during their visit to Baghdad.

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Damascus: Syrian Foreign Minister Asaad Al Shaibani met with a delegation from the European Union led by Director for the Middle East, North Africa and the Gulf Henrike Trautmann during their visit to Damascus. The meeting discussed avenues for deepen…

Ramallah: US Secretary of Energy Chris revealed that 17 million oil barrels transited the Strait of Hormuz on Monday. Wright explained that this was the highest level of oil to pass through the waterway since the Iran war had reduced flows.

Accordi…