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Category: Business

Oil Extends Losses as Dollar Strengthens

Oil prices fell for a second day on Monday as the dollar gained ground amid political uncertainty in the US.

Brent crude futures fell 55 cents, or 0.7%, to $84.48 a barrel after settling down 37 cents on Friday.

US West Texas Intermediate crude was …

Gold Eases, Investors Seek More Cues On Fed’s Rate Path

Gold prices dipped on Monday as the dollar held firm, while investors awaited comments from Federal Reserve officials and economic data for further cues on US interest rate trajectory.

Spot gold eased 0.1% at $2,409.54 per ounce. US gold futures fell…

Qatar Chamber, CSR Regional Network Sign MoU

Doha: The Qatar Chamber (QC) signed Monday a Memorandum of Understanding (MoU) with the Regional Network Consultancy (ANC), a member of the Regional Network for Social Responsibility (CSR), for cooperation in training courses.

Director of the Departm…

PPC: Qatar ..40th Globally in Latest Human Development Reports

Doha: The State of Qatar ranked 40th globally according to the latest Human Development Reports issued by the United Nations Development Program (UNDP) for the year 2023-2024, based on a set of approved indicators, most notably the per capita share of…

Visit Qatar’s EURO 2024 Activations Draw Large Crowds

Doha: Visit Qatar has successfully concluded its dynamic line-up of activations held during UEFA EURO 2024 in Germany, as part of its partnership with UEFA.

The initiative aimed to showcase Qatar’s cultural richness and hospitality to a diverse Europ…

China’s Natural Gas Output Rises in H1

China’s production of natural gas has maintained steady expansion in the first half of 2024, data from the National Bureau of Statistics (NBS) in China showed Monday.

The country produced 123.6 billion cubic meters of natural gas in the January-June …

Oman Central Bank Issues Treasury Bills Worth Over OR 31 Million

The Oman Central Bank (OCB) has announced that the total value of government treasury bills allocated for this week amounted to OR 31.15 million.

In a statement on Monday, the OCB said that the value of the bills allocated for a maturity period of 28…

2nd Qatar Toy Festival Opens Its Doors

Doha: Qatar Toy Festival has returned for its second edition at the Doha Exhibition and Convention Center (DECC).

The festival, organized by Visit Qatar, opened its doors on July 15, and will run till August 14 (Sunday Wednesday, 14:00 22:00 and Thur…

Oil Rises Amid Political Uncertainty in US

Oil regained ground on Monday, with political uncertainty in the US and the Middle East supporting prices, offsetting downward pressure from a stronger dollar and weak demand in top importer China.

Brent crude futures rose 15 cents, or 0.2 percent, t…

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