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…
Doha: The State of Qatar’s June 2024 foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR 19.6 billion almost, i.e., an increase of about QR 2.2 billion or 12.4 percent compared t…
Doha: Hamad Port operator, QTerminals, announced that it has reached a significant milestone by exceeding 10 million Twenty-foot Equivalent Units (TEUs) at its flagship facility, Hamad Port, since the start of operations.
It added that this landmark …