Muscat: The market value of the Muscat Stock Exchange rose to approximately OMR 37.5 billion last week, gaining OMR 257 million. The main index climbed 200 points to close at 7,967, supported by strong buying from local investment funds ahead
Doha: Escalating geopolitical tensions in the Middle East are reinforcing the central role of energy security as a cornerstone of global economic stability, prompting a shift away from traditional supply models toward more flexible and resilient syste…
Kuwait city: Kuwait’s crude oil price surged by $8.10 to $118.93 per barrel in Friday’s trading, up from $110.83 per barrel the previous session, according to data released by the Kuwait Petroleum Corporation.
According to Qatar News Agency, in glob…
Beijing: Qatar National Bank (QNB) said China’s economic growth outlook remains broadly resilient despite mounting geopolitical tensions and volatility in global energy markets, citing structural factors that mitigate the impact of rising energy price…
New york: The main indexes on Wall Street closed lower Friday, recording their worst close in more than six months.
According to Qatar News Agency, the SandP 500 index lost 1.70%, closing at 6,368.85 points, marking its fifth consecutive weekly
Tunis: The Board of Executive Directors of the World Bank has approved additional financing of $90 million for the Social Development Promotion Support Project in Tunisia. This funding aims to help individuals create better opportunities for themselve…
Seoul: Market interest rates could face significant upward pressure if the conflict in the Middle East persists, the Korean central bank said Thursday. “If tensions in the Middle East persist, market interest rates could face upward pressure as rising…
Doha: Gold prices fell on Thursday after a two-session rally, as investors awaited clearer signs of progress in efforts to reduce tensions in the Middle East, with caution still prevailing in the markets. Gold spot prices decreased by 1% to
Doha: Gold prices rose more than 2 percent during Wednesday’s trading, supported by a weaker dollar. The decline in oil prices helped ease concerns related to rising inflation and tightening global interest rates, amid reports of a US move to
Doha: The Organization for Economic Co-operation and Development (OECD) announced Thursday that it has lowered its growth forecast for the Eurozone to 0.8 percent and predicted higher inflation this year, following a sharp rise in energy prices caused…
Doha: The dollar eased off recent gains in Asian trading on Thursday as investors sought clarity about whether a de-escalation in the US-Israeli war on Iran was imminent and scaled back expectations for further Federal Reserve interest rate hikes. The…
Dubai: Oil prices fell by more than 2 percent at settlement Wednesday, recovering some of the heavy losses incurred earlier in the session, amid expectations of a possible ceasefire that could ease supply disruptions in the Middle East. Brent crude