Vehicle Sales Up 24% Amid Rising Demand for EVs

Member of the Board of Directors of the General Jordanian Car Distributors Association, Mohammad Shaheen, announced a significant 23.87% increase in vehicle sales last month, compared to the overall average.

Shaheen highlighted that the Zarqa Free Zo…

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Gold Hovers near Record High ahead of Fed Rate Verdict

Gold prices hovered near a record high on Tuesday, ahead of the anticipated start of the US interest rate reduction cycle, which could see policymakers deliver an outsized cut.

Spot gold was steady at $2,581.68 per ounce. Bullion rose to a record hig…

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QSE Index Closes 0.42 Percent Lower

The Qatar Stock Exchange (QSE) Index closed Tuesday’s trading session down by 43.51 points, or 0.42 percent, to reach 10.405.45 points.

During the session, 263,860,939 shares were traded, with a total value of QR 435,851,433.460, resulting from 14,91…

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Oil Extends Gains on US Output Concerns

Oil prices extended gains on Tuesday as the market eyed US output concerns in the aftermath of Hurricane Francine and expectations of lower US crude stockpiles.

Brent crude futures for November rose 16 cents, or 0.2% at $72.91 a barrel at 0120 GMT. U…

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