Business

The price of Kuwaiti oil went up by $0.88 to $87.39 a barrel on Thursday as opposed to $86.51 a barrel last Wednesday, Kuwait Petroleum Corporation (KPC) said today.

In the global markets, Brent crude futures rose $0.32 to reach $85.4 a barrel, while…

Gold prices declined on Friday, but are poised to record gains for the 3rd consecutive week, amid hopes that the US Federal Reserve will cut interest rates in September.

Spot gold slipped 0.2% at $2,409.19 per ounce after rising 2% on Thursday. US go…

Oil prices went up on Friday amid signs of easing inflationary pressures in the United States, though the contracts were headed for a weekly decline.

Brent crude futures rose 33 cents, or 0.4%, to $85.73 a barrel. US West Texas Intermediate crude fut…

ABU DHABI: The total investments by banks operating in the country continued to rise steadily, reaching AED 666.2 billion at the end of April 2024, registering growth of 0.3% on a monthly basis, and 5% since the beginning of the year, according to ban…

Doha: HE Minister of Commerce and Industry Sheikh Mohammed bin Hamad bin Qassim Al-Thani met today with HE Minister of State for Economic and Fiscal Policy of Japan Yoshitaka Shindo, who is visiting the country.

During the meeting, the two sides disc…

Oil prices rose at settlement at the end of Wednesday’s trading, following the announcement of a decline in crude oil and gasoline inventories in the US last week.

Brent crude futures rose by 42 cents, or 0.5 percent, to reach $85.08 per barrel upon …

Britain posted a sharp drop in its overall trade deficit in May by some USD 2.96 billion, lowering the figure down to nearly USD 21 billion, government data showed on Thursday.

Britain’s exports had risen in April to some USD 38.1 billion, while impo…

Doha: The general index of Qatar Stock Exchange (QSE) rose 14.31 points, or 0.14% to reach the level of 10,175 points at the beginning of trading on Thursday, compared to yesterday’s closing, backed by six sectors.

Qatar Stock Exchange figures showed…