Oil futures rebounded more than $1 a barrel from 7-week lows.
Brent crude futures climbed $1.17, or 1.5%, to $79.80 a barrel, while the more active October contract was at $79.18, up $1.11.
US West Texas Intermediate (WTI) crude futures rose $1.15, …
Gold prices firmed on Wednesday, heading for a monthly gain on the back of growing optimism about US interest rate cuts.
Spot gold was up 0.4% at $2,416.79 per ounce, and has gained nearly 4% for the month. US gold futures added 0.5% to $2,414.80.
S…
Doha, July 31 (QNA) – The net profits of Khaleej Takaful Insurance Company (a Qatari public shareholding company) decreased by 1.87 percent in the first half of 2024 to reach QR 42.755 million , compared to QR 43.570 million in the same period last ye…
Doha July 31 (QNA) – The Ministry of Finance announced Wednesday that the State of Qatar’s budget for the second quarter of 2024 recorded a surplus of QR 2.6.
The surplus was directed to reducing public debt, and therefore there is no cash surplus, t…
Doha, July 31 (QNA) – Qatar Tourism (QT), represented by Visit Qatar, announced the extension of its multi-year partnership with Goodwood Racecourse that will commence in 2025.
In a statement, on Wednesday, QT affirmed that this partnership counts as…
China’s purchasing managers’ index (PMI) for the non-manufacturing sector came in at 50.2 this July, reflecting a contradiction from 50.5 in June, data from the National Bureau of Statistics showed on Monday.
Chinese news agency (Xinhua) quoting the …
Washington: The US Federal Reserve (the US central bank) kept its benchmark interest rate unchanged. The decision was made to maintain the rate within the range of 3.50 percent to 3.75 percent.
According to Qatar News Agency, the Fed released a stat…
Doha, July 31 (QNA) – QatarEnergy announced Wednesday the fuel prices for August 2024, keeping the prices of diesel, Gasoline 95 and Gasoline 91 unchanged.
QatarEnergy has set the price of a liter of diesel at QR 2.05, the price for Super Gasoline 95…