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Category: Business

European Shares Open Higher Buoyed by Oil Sector

European shares kicked off the week on a positive note, buoyed by the global oil sector amid fears of a widening conflict in the Middle East and as a raft of upbeat earnings updates also lifted the overall market sentiment.

The pan-European STOXX 600…

QSE General Index Closes 0.34 Percent Higher

Doha: The Qatar Stock Exchange (QSE) closed Monday with an increase of 34.22 points, or 0.34 percent, reaching 10,169.97 points.

During the session, a total of 151,328,482 shares were traded, valued at QR 355,542,031.832, through the execution of 14,…

QICCA Registered Cases Amounting to Early QR 3 Billion in 2023

Doha: Secretary-General of the Qatar International Centre for Conciliation and Arbitration (QICCA) of Qatar Chamber, Ibrahim Shahbik, stated that the Centre made significant achievements last year. He emphasized its vital role in promoting the arbitra…

QNB Expects US Disinflation Will Lead to Lower Rates

Doha: QNB said in its weekly economic report that it expects US inflation to continue to moderate in the coming months towards acceptable levels, after it has declined significantly from its peak, supported by strong productivity growth, reduced labor…

Oman Oil Prices Rise to $81.7 a Barrel

The official price of Omani oil, for delivery in September, today, was recorded at $81.70 per barrel..

The price of Omani oil witnessed an increase of $1.04 compared to yesterdays price, Thursday, which amounted to $80.66.

It is noteworthy that the …

US Inflation Rate Rises in June

The US Department of Commerce revealed Friday that the country’s inflation rate rose on a monthly basis during June.

The Department said in a statement that consumer prices rose in June by 0.1 percent on a monthly basis after stabilizing in May, whil…

Gold Prices Up as Investors Anticipate US Inflation Data

Gold prices went up on Friday but are on track to record a weekly decline, as investors are awaiting new US inflation data, which is expected to offer further clues about the timing of a potential interest rate cut.

Spot gold rose by 0.4% to $2,374.1…

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