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The Bank of England is poised for a setback in the battle against high inflation this week amid expectations for a first increase in the headline rate this year, highlighting the pressure from the cost of living crisis, (The Guardian) newspaper said.
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The official price of Oman oil Tuesday, for delivery in October, reached $80.03, up by $1.31, compared to yesterday’s price (Monday) of $78.72.
The monthly average price of Omani crude oil for delivery in August reached $82.50 per barrel, down by $1….
Manama, Aluminium Bahrain B.S.C. (Alba) (Ticker Code: ALBH), one of the world’s largest aluminium smelters, has reported a Profit of BD68.5 million (US$182.2 million) for the second quarter of 2024, up by 129.2% Year-over-Year (YoY), versus a Profit o…
Qatar Stock Exchange (QSE) announced today the results of the August 2024 Index Review for the MSCI Equity Indexes.
The Review included the reclassification of Ooredoo from MSCI Qatar Large Cap Index to MSCI Qatar Mid Cap Index; and the deletion of Q…
Manama, Bahrain All Share Index has closed at 1,934.15 points, marking a decrease of 1.63 points below the previous closing.
This decrease was due to the drop in the communication services sector, the industrial sector and the material sector.
Bahra…
The general index of Qatar Stock Exchange (QSE) dropped 45.11 points, or 0.45%, at the beginning of trading on Tuesday, reaching 10,048 points, compared to yesterday’s closing.
QSE general index was weighed down by a decline in six sectors: Transport…
Doha: The general index of Qatar Stock Exchange (QSE) dropped 10.55 points, or 0.10%, at the beginning of trading on Monday, reaching 10,066 points, compared to yesterday’s closing.
QSE general index was weighed down by a decline in four sectors: Tra…
Omani Minister of Heritage and Tourism Salim bin Mohammed Al Mahrouqi discussed on Sunday with Malaysias Minister of Tourism, Arts and Culture Dato Sri Tiong King Sing, who is visiting the Sultanate of Oman, aspects of cooperation in the fields of her…
Gold prices held steady on Monday, with investors awaiting key US inflation data due later this week to gauge the size of the Federal Reserve’s likely interest rate cut in September.
Spot gold was little changed at $2,425.94 per ounce, and US gold fu…
Oil prices rose for a fifth consecutive session on Monday, extending gains from last week’s more than 3% rise, as US recession fears eased while geopolitical tensions in the Middle East supported prices.
Brent crude futures climbed 22 cents, or 0.3%,…
Doha: The volume of real estate trading in sale contracts registered with the Real Estate Registration Department at the Ministry of Justice in July 2024, amounted to QR 1,105,135,825.
The data of the real estate analytical bulletin issued by the Min…
The International Labor Organization said in a report published Monday, that the global youth unemployment rate fell to its lowest level in 15 years last year and is likely to continue falling until 2025.
The organization stated that the youth unempl…