The dollar fell to its lowest levels in more than two months against the Japanese yen on Wednesday, with the decline in yen selling in financial carry transactions ahead of the Japan Central Bank’s meeting next week.
The dollar index, which measures …
Oman oil price today reached USD 80.66, comprising a drop by USD 1.29, compared to the price of Tuesday, which stood at USD 81.95.
The average price of Oman oil has stabilized at USD 83.89 per barrel, thus USD 5.41 per barrel lower than June delivery…
Doha: United Development Company (UDC) (a Qatari public shareholding company) has announced net profits amounting to QR 150 million for the first half of 2024, ending on June 30, compared to QR189 million for the same period of 2023.
The UDC said in …
Commodity currencies slid to multi-week lows on Wednesday on the back of weakening raw material prices with the heaviest selling against the yen, which surged to its highest in two months as short sellers bailed out ahead of a central bank meeting.
T…
Doha: Ooredoo has entered a strategic partnership with Qatar Airways, together with Fortinet, a global leader in cybersecurity, to implement a hybrid multi-cloud environment and develop advanced solutions for cloud cybersecurity.
This strategic partn…
Oil prices rose on Wednesday after several days of decline, affected by falling US crude inventories.
Brent crude futures for September rose 37 cents, or 0.5%, to $81.38 a barrel. US West Texas Intermediate crude for September increased 38 cents, or …
Doha: The general index of Qatar Stock Exchange (QSE) rose 5.11 points, or 0.05 percent, at the beginning of trading on Wednesday, reaching 10,145 points, compared to yesterday’s closing.
The QSE general index was supported by a rise in four sectors:…
Gold prices inched higher on Wednesday, with investors awaiting US economic data that could influence the Federal Reserves rate-cut timeline.
Spot gold was up 0.3% at $2,416.62 per ounce, and US gold futures gained 0.4% to $2,417.10.
As for other pr…