Gold Steady as Investors Await US Inflation Data

Gold prices settled into a holding pattern on Tuesday as investors awaited US inflation figures that could provide an updated view on interest rates after the Federal Reserve kept the door open for further policy tightening.

Spot gold was flat at $1…

Oil Prices Stable as Market Awaits Data on Inventories, Economy

Brent crude futures hovered just above $90 a barrel on Tuesday, as investors awaited a slew of macroeconomic data due later this week.

The international benchmark Brent contract dipped 6 cents to $90.58 a barrel, while US West Texas Intermediate cru…

US Stocks End Higher

Major US stock indexes closed higher at the end of the trading session on Monday.

The S&P 500 gained 30.24 points, or 0.68%, to end at 4,487.73 points, while the Nasdaq Composite gained 158.83 points, or 1.15%, to 13,920.35.

The Dow Jones Industri…

Gold Climbs as Investors Look Forward to US Inflation Data

Gold prices rose on Monday, supported by a sharp retreat in the dollar as investors look forward to US inflation data that could sway the Federal Reserve to raise interest rates later in the year.

Spot gold jumped 0.5 percent to USD1,927.39 per ounc…

Jordan mulls over expansion in fish farming to cover market needs

Jordan is looking forward to expanding, organizing and supporting the fish farming sector sustainably throughout the production and marketing stages, said Minister of Agriculture Khaled Hnaifat. During a meeting with fish farming associations in the …

ASE wraps up daily trading on higher note

The Amman Stock Exchange (ASE) closed Monday’s trading session up slightly by 0.01 percent at 2,411 points. A total of 7.3 million shares were traded through 3,673 transactions at a trading value of JD4.7 million. The closing prices of 42 companies w…

PSA: 666 Building Permits Issued in August

A total of 666 building permits had been issued during the month of August in various municipalities in the State of Qatar, a rise by 5% compared to 634 building permits in the previous month, according to data issued by the Planning and Statistics Au…

The Qatari-Chinese Business Forum kicked off with the participation of over 70 local companies and nearly 60 Chinese companies from the industrial province of Guangdong, specializing in various fields, to discuss investment opportunities in the two countries.

Chairman of the Qatar Businessmen Association HE Sheikh Faisal bin Qassim Al-Thani said in a speech that the forum represents an opportunity to discuss the shared investment and trade advantages between the two countries, stressing that China is an im…

Qatari-Chinese Business Forum Discusses Investment Opportunities -1

For his part, Commercial Attache of the People’s Republic of China to the State Shen Yu said in a speech during the Qatari-Chinese Business Forum, that the past decade has witnessed the rapid development of Qatari-Chinese relations, noting that over t…

Qatari-Chinese Business Forum Discusses Investment Opportunities

The Qatari-Chinese Business Forum kicked off with the participation of over 70 local companies and nearly 60 Chinese companies from the industrial province of Guangdong, specializing in various fields, to discuss investment opportunities in the two co…

QSE General Index Surges 0.55 Percent

At the end of today’s trading, Qatar Stock Exchange (QSE) general index increased by 57.19 points, or 0.55 percent, closing at a level of 10,403.62 points.

During today’s session, a total of 294,396,866 shares were traded, with a value of QR 652,810…

Saudi Industrial Production Index Falls by 9.5%

The index of Saudi industrial production quantities fell 9.5 percent in July 2023 compared to July 2022.

The Saudi General Authority for Statistics reported that, despite continued manufacturing activity, electricity and gas supply activity was risi…

Kuwait Stock Exchange Closes Lower

Kuwait Stock Exchange’s general index closed its trading today with a decrease of 7.6 points, reaching a level of 7,015.52 points, a decrease of 0.11 percent.

A total of 144.10 million shares were traded in 9,445 cash transactions with a value of KD…

Oil Prices Ease in Asia on Economic Concerns in China

Oil prices eased in early Asian trade on Monday as economic concerns in China weighed on fuel demand outlook although Brent stayed perched above $90 a barrel, supported by tightening supplies.

Brent crude fell 49 cents, or 0.5%, to $90.16 a barrel, …

QSE Index Adds 36.04 Points at Start of Trading

The general index of Qatar Stock Exchange rose 36.04 points, or 0.35%, at the beginning of Monday’s trading ,to reach the level of 10,382.47 points, compared to Sunday’s closing.

The positive performance of QSE general index was supported by a rise …

Turkiye’s Unemployment Rate Fell to 9.4% in July 2023

Turkiye’s unemployment rate fell in July 2023 to 9.4 percent on year-on-year basis.

According to the Turkish Statistical Institute (TURKSTAT), the unemployment rate over the past July fell by 0.2 points, compared to last June where it sat at 9.4 per…

QCB Governor Meets Head of Citibank EMEA Emerging Market Cluster

HE Governor of Qatar Central Bank (QCB) Sheikh Bandar bin Mohammed bin Saoud Al-Thani met Monday with Head of Europe, Middle East, and Africa (EMEA) Emerging Markets Cluster at Citigroup Ebru Pakcan.

They discussed the most prominent global financia…

Qatar Chamber Takes Part in Gulf, Arab Meetings

HE Sheikh Khalifa bin Jassim Al-Thani, the Chairman of the Qatar Chamber (QC), led the Chambers delegation at the 62nd meeting of the Federation of Gulf Co-operation Council Chambers (FGCCC) and the 134th meeting of Board of Directors of the Union of …

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