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

Doha: Saudi Arabia’s main stock index closed higher on Thursday, gaining 70.14 points to end the trading session at 10,833.59 points, with a total trading value of SAR 4.3 billion. According to Qatar News Agency, a total of 242 million shares were traded, with 174 companies seeing gains in their stock values, while 74 companies closed with losses. Meanwhile, the

Doha: Qatar National Bank (QNB) has released the latest currency exchange rates against the US dollar, effective as of Thursday. The rates outline the buying and selling values for various currencies and precious metals. According to Qatar News Agency, the Qatari Riyal (QAR) is being bought at 3.64000 and sold at 3.64150 against the US dollar. The Saudi Riyal (SAR)

Doha: China’s data industry market size grew 117 percent during 2021-2025 (the 14th Five-Year Plan). The sector reached a size of 5.86 trillion yuan (about USD 821.45 billion) by the end of last year. According to Qatar News Agency, the number of data-related companies in China reached more than 400,000 by the end of 2024. China’s AI patents account for

Doha: The latest update on exchange rates in Qatar reveals that the U.S. Dollar remains stable, with its buying rate at 3.63000 Qatari Riyals and selling rate at 3.65000 Qatari Riyals. Several other currencies have shown varied buying and selling rates across the board. According to Qatar News Agency, the Malaysian Ringgit is buying at a rate of 0.82000 and

Doha: Gulf Warehousing Company (GWC) announced Thursday a strategic investment in ANCLA Logistik GmbH, a privately held company headquartered in Wetzlar, Germany. According to Qatar News Agency, under the terms of the transaction, GWC is in the process of acquiring a 16.15 percent equity stake in ANCLA Logistik GmbH for a total consideration of 8.2 million Euros, funded entirely from