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Day: May 1, 2026

Germany Cuts Fuel Tax to Ease Prices

Germany: Germany began Thursday a two-month reduction in energy tax on gasoline and diesel to curb soaring fuel prices driven by the Middle East war, including the closure of the Strait of Hormuz. Fuel prices fell by about 17 euro cents per liter unde…

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Jordan King, Bahrain Crown Prince Discuss Ties

Amman: King Abdullah II of Jordan met with His Highness the Bahraini Crown Prince and Prime Minister Salman bin Hamad Al Khalifa to discuss bilateral ties and ways to boost cooperation.

According to Qatar News Agency, the King reaffirmed Jordan’s su…

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Gold Heads for Weekly Loss Amid Inflation Concerns

Manama: Gold prices were largely steady on Friday but remained on track for a weekly loss amid mounting inflation concerns and expectations that interest rates will stay higher for longer. In spot trading, gold fell 0.1% to $4,614.98 per ounce, headin…

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