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Category: Business

QSE Index Drops 0.10% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 10.55 points, or 0.10%, at the beginning of trading on Monday, reaching 10,066 points, compared to yesterday’s closing.

QSE general index was weighed down by a decline in four sectors: Tra…

Oman, Malaysia Discuss Enhancing Cooperation in Heritage, Tourism

Omani Minister of Heritage and Tourism Salim bin Mohammed Al Mahrouqi discussed on Sunday with Malaysias Minister of Tourism, Arts and Culture Dato Sri Tiong King Sing, who is visiting the Sultanate of Oman, aspects of cooperation in the fields of her…

Gold Prices Steady as Investors Await US Economic Data

Gold prices held steady on Monday, with investors awaiting key US inflation data due later this week to gauge the size of the Federal Reserve’s likely interest rate cut in September.

Spot gold was little changed at $2,425.94 per ounce, and US gold fu…

Oil Continues to Rise, Holds On Last Week’s Gains

Oil prices rose for a fifth consecutive session on Monday, extending gains from last week’s more than 3% rise, as US recession fears eased while geopolitical tensions in the Middle East supported prices.

Brent crude futures climbed 22 cents, or 0.3%,…

Real Estate Trading Volume Exceeds QR 1.1 Billion in July 2024

Doha: The volume of real estate trading in sale contracts registered with the Real Estate Registration Department at the Ministry of Justice in July 2024, amounted to QR 1,105,135,825.

The data of the real estate analytical bulletin issued by the Min…

Global Youth Unemployment Rate Falls to Lowest Level in 15 Years

The International Labor Organization said in a report published Monday, that the global youth unemployment rate fell to its lowest level in 15 years last year and is likely to continue falling until 2025.

The organization stated that the youth unempl…

Financial Times: Ukraine Facing $43 Billion Budget Deficit

Ukrainian Finance Minister Serhii Marchenko called on Western allies to speed up the allocation to Ukraine of a $50 billion loan, arguing that delays in arms deliveries have led to a rising budget deficit.

The slow supply of weapons, especially from …

S. Korea, Turkiye Extend Currency Swap Deal

South Korea and Turkiye have agreed to extend their currency swap deal by three years.

The Bank of Korea (BOK) said Monday that the three-year agreement, signed by the BOK and the Central Bank of the Republic of Turkiye, allows for the exchange of lo…

Algeria, Niger Discuss Joint Free Trade Zone Project

Algeria’s Minister of Trade Tayeb Zitouni met Monday with his Niger’s counterpart Saidou Osman, who is currently visiting Algeria.

During the meeting, they discussed means to enhance economic and trade cooperation between the two countries, in additi…

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