Category: Business

Oman Oil Prices Down by USD 2.13

The official price of Omani crude oil, for delivery in October, reached on Tuesday USD 75.71 per barrel, a decrease of USD 2.13 compared with Monday’s price of USD 77.84 per barrel.

The monthly average price of Omani crude oil for delivery in August …

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Dollar Hangs near Seven-Month Low on Rate Cut Bets

The dollar hung near a seven-month low on Tuesday on wagers the US central bank will start cutting interest rates from next month.

The dollar index, which measures the US currency against six rivals, touched its lowest since Jan. 2 of 101.82 on Tues…

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Gold Prices Steady above $2,500

Gold prices held above the $2,500 mark on Tuesday, buoyed by a weaker US dollar and Treasury yields, while traders awaited minutes of the Federal Reserve’s last policy meeting for further cues on interest rate cuts.

Spot gold edged 0.1% higher to $2,…

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China’s Industrial Sector Sees Steady Growth in July

China’s industrial sector registered a steady revenue growth in July 2024, as indicated by an increase in VAT invoice issuance, the State Taxation Administration said.

Tax data revealed a 6% year-on-year growth in the sales revenue of industrial comp…

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QSE Index Edges Lower at Start of Trading

The general index of Qatar Stock Exchange (QSE) edged 0.01% lower at start of trading on Tuesday, down 1.18 points to reach the level of 10,221 points compared to yesterday’s closing.

QSE general index saw a rise in three sectors: Real Estate by 0.77…

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