Business

Oil prices slipped on Wednesday following a US Federal Reserve announcement to slash interest rates by 50 basis points.

Brent crude futures for November delivery fell five cents to $73.65 a barrel, while US crude futures for October delivery fell 28 …

The Saudi Central Bank, in line with its objective of preserving monetary stability, decided Wednesday to reduce the rate of Repurchase Agreement (Repo) by 50 basis points to 5.5 percent.

The rate of Reverse Repurchase Agreement (Reverse Repo) was a…

The Qatar Stock Exchange index closed Thursday’s trading session with an increase of 57.45 points, or 0.55 percent, reaching 10,464.15 points.

During the session, a total of 225,251,253 shares were traded, with a value of QR 683,390,291.888, across 1…

The Bank of England on Thursday kept interest rates steady at five percent, a month after cutting them for the first time since March 2020.

The Monetary Policy Committee (MPC) of the central bank said in a statement that eight of its nine members vo…

MONTREAL: Airports Council International (ACI) World today announces the release of its highly anticipated 2024 Annual World Airport Traffic Report, projecting 10 percent growth for passenger traffic in 2024 to reach 9.5 billion.

Drawing data from ov…

– Qatar Chamber (QC) participated in the 64th meeting of the Federation of GCC Chambers (FGCC Chambers), which was held on Thursday at the headquarters of the Sharjah Chamber of Commerce and Industry, UAE.

QC’s delegation included HE QCs Chairman She…

– US stocks closed with modest losses on Wednesday, well off their intraday highs, after the Federal Reserve cut interest rates by 50 basis points.

The S and P 500 lost 16.37 points, or 0.29%, to end at 5,618.21 points, while the Nasdaq Composite los…