Category: Industry

Oil Gains as Markets Eye Middle East Developments

Lebanon: Oil prices rose on Friday as markets remained cautious over escalating Middle East developments and their potential impact on Strait of Hormuz shipping flows. Brent crude futures climbed 60 cents, or 0.57%, to $106.32 a barrel. US West Texas …

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S. Korea ICT Exports Surge 125.9% on AI

Seoul: South Korea’s exports of information and communication technology (ICT) products rose 125.9% year-on-year in April to $42.71 billion, exceeding $40 billion for the second consecutive month, supported by strong demand for AI-related semiconducto…

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Gold Rises Slightly on Weaker Dollar

Doha: Gold prices ticked up on Thursday, buoyed by a weaker dollar, as investors focused on US-China talks. Spot gold rose 0.3% to $4,699.87 per ounce, while gold futures for June delivery were steady at $4,706.90.

According to Qatar News Agency, sp…

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