Ankara: Governor of the Central Bank of Turkiye Fatih Karahan announced expectations for inflation in Turkiye to decline to between 25 and 29 percent by the end of this year. According to Qatar News Agency, during a speech at the presentation of the third inflation report in Turkiye, Karahan outlined inflation expectations for the coming years. For 2026, inflation is

New york: The US dollar fell to its lowest level in several weeks against major currencies on Thursday, amid market expectations that the US Federal Reserve will resume cutting interest rates next month. According to Qatar News Agency, the dollar index, which measures the performance of the US currency against a basket of major currencies, dropped to 97.673 points, down

Doha: Oil prices climbed by nearly 1% Thursday following US President Donald Trump’s warning of severe consequences should his talks with Russian President Vladimir Putin fail, alongside growing expectations that a US interest rate cut next month could boost oil demand. Brent crude futures rose by 87 cents, or 1.3%, to $66.50 per barrel. U.S. West Texas Intermediate (WTI) crude

Doha: Oil prices rose Thursday, following a sell-off in the previous session ahead of the anticipated meeting between US President Donald Trump and his Russian counterpart, Vladimir Putin. Brent crude futures increased by 28 cents, or 0.43%, reaching a price of $65.91 a barrel. Similarly, US West Texas Intermediate (WTI) crude futures saw a rise of 23 cents, or 0.37%,

Doha: Gulf International Services’ (a Qatari public shareholding company) net profits rose by 14 percent in the first half of 2025 to QR 407.79 million, compared to QR 365.409 million in the same period of the previous year. According to Qatar News Agency, data released by the company showed an increase in earnings per share to QR 0.219 for the

Doha: Gold prices rose for the third consecutive session on Thursday, supported by a weaker dollar and lower Treasury yields as traders’ bets on a US interest rate cut in September increase. Spot gold rose 0.4% to $3,367.53 per ounce, and gold futures for December delivery added 0.3% to $3,416.70. According to Qatar News Agency, the dollar fell to near

New york: The main indices on the US Wall Street stock exchange opened lower on Thursday. The Dow Jones Industrial Average fell 31.4 points, or 0.07 percent, at the open to 44,890.84 points. The S and P 500 dropped 13.1 points, or 0.20 percent, to 6,453.46 points, while Nasdaq Composite lost 63.9 points, or 0.29 percent, to 21,649.211 points. According

Doha: Qatar National Bank (QNB) has released its latest deposit rates across a range of currencies, revealing the interest rates applicable for different tenures. These rates, issued on Thursday, are crucial for investors and account holders looking to maximize their returns on deposits. According to Qatar News Agency, the deposit rates for USD, JPY, CHF, and GBP vary depending on