Market

Gold Slips Below $2,500 Mark

Gold prices remained steady on Monday and was trading slightly below the key $2,500 an ounce level, as the market awaited August inflation data for further insights into the anticipated Federal Reserve interest rate cut this month.

Spot gold was nea…

Market

Oil Prices Jump $1 on Post Selloff Recovery

Oil futures jumped by a dollar in early trading on Monday as markets recovered from a selloff following weaker-than-expected US jobs data on Friday.

West Texas Intermediate crude futures rose $1, or 1.48%, to $68.67 a barrel.

Brent crude futures we…

Market

China’s Consumer Prices Rise 0.6% in August

China’s consumer prices continued to rise in August amid a sustained recovery of domestic demand, official data showed Monday.

The consumer price index (CPI), a main gauge of inflation, was up 0.6% year on year last month, quickening from the 0.5% i…

Market

QSE Index Rises 0.12% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 12.74 points, or 0.12% to reach the level of 10,273 points at the beginning of trading on Monday, compared to yesterday’s closing.

QSE general index was supported by a rise in most sectors: T…

Market

Qatar Development Bank Unveils SME Guidebook 2024

Doha: Qatar Development Bank (QDB), in collaboration with the Ministry of Commerce and Industry, announced the launch of the SME Guidebook 2024 within the framework of its efforts to facilitate SMEs’ access to information, and to offer the necessary r…

Market

Iraq Announces New Investments in Gas Sector

The Iraqi Ministry of Oil announced Monday the investment of 1,250 million standard cubic feet of gas in three governorates.

It stressed its keenness to support all development projects, in addition to increasing the volume of investments in the oil…