Doha: The US administration announced it has frozen digital assets worth $344 million that it says were linked to Iran. Secretary of Treasury Scott Bessent said on X that the move was part of Washington’s efforts to increase pressure on Tehran amid di…
Washington: The US administration announced an extension of its waiver allowing foreign-flagged vessels to transport goods between domestic ports for 90 days, aiming to facilitate the movement of oil and fertilizers amid supply disruptions caused by t…
New york: Major U.S. stock indexes closed mixed at the end of trading.
According to Qatar News Agency, the S and P 500 rose 0.8 percent, and the Nasdaq Composite climbed 1.63 percent, buoyed by semiconductors which rose as a group after strong quar…
Washington: The World Bank has approved $225 million in grant financing through the International Development Association to support water and health projects in Syria, strengthening basic services and improving living conditions.
According to Qatar …
Kuwait city: Kuwaiti crude rose $2.07 to $107.37 a barrel in Friday’s trade, from $105.30 in the previous session.
According to Qatar News Agency, in global markets, Brent crude futures rose 26 cents to settle at $105.33 a barrel, while US West Texa…
Egypt: The US dollar was on track for its first weekly gain in three weeks on Friday, as persistent uncertainty following the collapse of US-Iran peace talks dampened expectations for a swift easing of Middle East tensions. The dollar index, which tra…
Doha: Gold held near flat in early Asian trade on Friday but was on track for a weekly decline, pressured by rising oil prices and persistent inflation concerns, while ongoing tensions in the Middle East and disruptions to shipping through the Strait …
Brussels: Economic activity in the euro area contracted in April, marking its first decline in 16 months, amid pressures stemming from the war in the Middle East and the resulting rise in energy prices and disruption of global supply chains.
Accord…