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Category: Business

Qatar Stock Exchange Closes with Slight Decline

Doha: The Qatar Stock Exchange index closed Sunday’s trading session with a slight decrease of 5.32 points, or 0.05 percent, settling at 10,171.95 points.

During the session, 154,042,414 shares were traded, amounting to a value of QR 311,596,719.254,…

PPC, Qatar Museums Celebrate World Population Day 2024

Doha: The Permanent Population Committee (PPC) of the State of Qatar, in collaboration with Qatar Museums, is organizing a celebration on World Population Day 2024, on Monday, at the National Museum of Qatar (NMoQ).

The celebration comes in response …

QNB Expects ECB to Implement 2 More Rate Cuts in 2024

Doha: Qatar National Bank (QNB) expects that the European Central Bank will implement two additional interest rate cuts, by 25 basis points, during the current year, as it continues to closely monitor price developments and labor market activity.

QNB…

European Stock Indices Close at Highest Level in More Than Month

European stock indices rose on Friday at the close and achieved their second weekly gain in a row thanks to strong business results and optimism among investors regarding an interest rate cut in the US next September.

The European Stoxx 600 index clo…

France’s Inflation Rate Retreats to 2.2% in June

Data from the French National Institute of Statistics and Economic Studies (INSEE) showed today that the inflation rate in the country retreated to 2.2 percent on an annual basis last June.

The institute’s data attributed this slight slowdown to weak…

Gold Prices Decline, but Set for Weekly Gains

Gold prices declined on Friday, but are poised to record gains for the 3rd consecutive week, amid hopes that the US Federal Reserve will cut interest rates in September.

Spot gold slipped 0.2% at $2,409.19 per ounce after rising 2% on Thursday. US go…

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