Oil prices hovered at an eight-month low on Tuesday, as concerns over a US recession and the impact of conditions in the Middle East on supplies persist.
Brent crude futures fell 4 cents, or 0.1 percent, to USD76.77 a barrel, while West Texas Interme…
Gold prices drifted higher on Monday, aided by worries that the US could be headed for a recession and rising bets that the Federal Reserve will likely need to start cutting interest rates aggressively.
Spot gold rose 0.14 percent to USD 2,446.83 per…
The Sultanate of Oman’s overall oil exports during the first half of 2024 increased by 0.3 percent to stand at 153,362,300 barrels. The average price of a barrel was USD 82.2. Oil exports constituted 84.6 percent of the total volume of oil production,…
Doha: Qatar’s non-energy private sector continued to expand at the start of the second half of 2024, according to the latest Purchasing Managers’ Index (PMI ) survey data from Qatar Financial Centre (QFC) compiled by S and P Global.
Output and new or…
Doha: Qatar Oman Investment Company (QOIS), a Qatari Public Shareholding Company, has achieved a net profit of QR 1.3 million in H1 of 2024, against losses of QR2.5 million recorded during the same period of the previous year.
According to data relea…
Ramallah – Ma’an – Bank of Palestine, in partnership with the Welfare Association, has contributed to providing potable water for hundreds of families affected and displaced in shelters in the northern Gaza Strip, who are suffering from water scarcity…