Day: September 18, 2024

Saudi Central Bank Slashes Rates by 50 bps

Saudi Arabia’s Central Bank announced Wednesday it slashed the repurchase agreement (repo) rate by 50 basis points to 5.50 percent, and the reverse repo rate by 50 basis points to 5.00 percent.

A statement from the bank said the move comes in line wi…

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Oil Prices Settle Up

Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet that demand will grow if the US Federal Reserve lowers borrowing costs this week, as is widely expected.

Brent crude futures gained 95 cents, or 1.3%, to se…

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Al Markhiya Gallery Opens Pro-Palestine Art Exhibition

Al Markhiya Gallery opened Tuesday at the Fire Station an art exhibition, in collaboration with Qatar Red Crescent Society (QRCS) to support Palestinians in the Gaza Strip.

The Sky Above Gaza…Imagine exhibition was attended by HE Chairman of Media …

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