Gold prices inched higher on Wednesday, with investors awaiting US economic data that could influence the Federal Reserves rate-cut timeline.
Spot gold was up 0.3% at $2,416.62 per ounce, and US gold futures gained 0.4% to $2,417.10.
As for other pr…
The Ministry of Culture is bringing the Year of the Camel to life at Jeddah Season 2024.
The dedicated pavilion offers visitors an immersive experience exploring the rich cultural heritage of these iconic animals.
From life-size camel sculptures to …
Commodity currencies slid to multi-week lows on Wednesday on the back of weakening raw material prices with the heaviest selling against the yen, which surged to its highest in two months as short sellers bailed out ahead of a central bank meeting.
T…
The dollar fell to its lowest levels in more than two months against the Japanese yen on Wednesday, with the decline in yen selling in financial carry transactions ahead of the Japan Central Bank’s meeting next week.
The dollar index, which measures …
Doha: HE Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani received a phone call on Wednesday from HE Minister for Europe and Foreign Affairs of the French Republic Stephane Sejourne.
During the call, …
Doha: Commercial Bank has successfully closed a 3-year USD 500 Million Syndicated Term Loan Facility led by Bank of America, Mizuho Bank, and SMBC Bank as joint coordinators and Bookrunners of the facility.
According to a statement by the bank, the s…
Doha: Aamal (Q.P.S.C.) disclosed the interim financial statement for the six months ending June 30, 2024. The financial statements revealed a net profit of QR 188,363,443 compared to a net profit of QR 166,767,456 for the same period of the previous y…
Doha: Ooredoo has entered a strategic partnership with Qatar Airways, together with Fortinet, a global leader in cybersecurity, to implement a hybrid multi-cloud environment and develop advanced solutions for cloud cybersecurity.
This strategic partn…