Oil futures jumped by a dollar in early trading on Monday as markets recovered from a selloff following weaker-than-expected US jobs data on Friday.
West Texas Intermediate crude futures rose $1, or 1.48%, to $68.67 a barrel.
Brent crude futures we…
Gold prices remained steady on Monday and was trading slightly below the key $2,500 an ounce level, as the market awaited August inflation data for further insights into the anticipated Federal Reserve interest rate cut this month.
Spot gold was nea…
Doha: United Development Company (UDC), the master developer of The Pearl Island and Gewan islands, has announced its receipt of the prestigious International Safety Award 2024 from the British Safety Council. This accolade marks the fourth time UDC h…
The dollar recovered some lost ground on Monday while the yen pared its safe-haven gains, as investors who were undecided on the scale of a Federal Reserve rate cut expected later this September.
The onshore yuan was last 0.3 percent weaker at 7.111…
Doha: Qatar Central Bank (QCB)’s international reserves and foreign currency liquidity recorded QR 252.3 billion in August 2024, a four-percent Y-o-Y rise.
The data released by the QCB on Monday unveiled a 5.2-percent increase in official reserves at…
The Saudi main stock index closed today down 117.19 points to close at 11982.30 points, with trading valued at SAR 5 billion.
The volume of traded shares reached 401 million shares, in which the shares of 61 companies recorded an increase in their va…