The dollar traded near the lowest in more than a year on Thursday as a dovish Federal Reserve and fresh signs of weakness in the US job market backed the case for interest rate cuts.
The dollar fell below 145 yen mark.
The dollar index, which measur…
Oil prices fell for a fifth straight session on Thursday as investors worried about the global demand outlook, despite a decline in US fuel inventories and expectations of a US interest rate cut in September.
Brent crude futures fell 9 cents to $75.9…
Doha: In a pioneering step, Qatar General Electricity and Water Corporation “KAHRAMAA” has successfully implemented the procedures of Internal Control over Financial Reporting (ICOFR), becoming one of the first government entities in Qatar to adopt th…
The US Energy Information Administration announced Wednesday that crude oil, gasoline and distillate inventories in the United States declined last week.
The administration, which is the statistical arm of the US Department of Energy in its short-ter…
Doha: The Qatar Stock Exchange (QSE) index ended the current week’s trading with a marginal decrease of 0.03 percent, losing 2.860 points of its balance, thus declining to 10,1222 points compared to last week’s closing, despite the gains achieved by m…
Norway’s economy grew for the third straight quarter this year as a rebound in purchasing power boosted consumption and a weaker currency supported exports.
The Norwegian Statistics Office said in a statement issued Thursday that the GDP in the mainl…
Doha The price of gold in the Qatari market decreased by 0.25 percent during the current week, reaching USD 2,502.64000 per ounce, according to data issued by Qatar National Bank.
The data showed that the price of gold fell from USD 2508.91430 per ou…
The official price of Omani oil, for delivery in October, reached on Wednesday USD 76 and 16 cents per barrel, an increase of 45 cents compared with Tuesday’s price, which amounted to USD 75.71.
The monthly average price of Omani crude oil for delive…
Gold prices retreated from all-time highs on Monday, after rising on Western cash flows and optimism about a US interest cuts, as investors prepared for minutes from the Federal Reserve’s latest policy meeting to clarify the extent of the cut.
Spot g…
Doha: Investment Promotion Agency Qatar (Invest Qatar) and Media City Qatar highlighted the role of foreign direct investment (FDI) in driving the growth of the digital media industry, in parallel with the importance that the GCC countries (the State …