Trading

The US Energy Information Administration (EIA) announced today an increase in crude oil, gasoline, and distillate inventories in the US over the past week.

The EIA, which serves as the statistical arm of the US Department of Energy, said in a report …

Gold prices firmed on Thursday after US inflation data all but guaranteed a Federal Reserve rate cut next week, while traders awaited more economic data from the US.

Spot gold was up 0.4 percent at USD 2,521.29 per ounce, while US gold futures edged …

ABU DHABI: The Abu Dhabi Businesswomen Council, a subsidiary of the Abu Dhabi Chamber of Commerce and Industry (ADCCI), in collaboration with ETHER by Cloud Spaces, has launched six innovative brands owned by Emirati female entrepreneurs.

This initia…

Doha: HE Governor of Qatar Central Bank (QCB) Sheikh Bandar bin Mohammed bin Saoud Al-Thani participated Thursday in the 62nd meeting of the Board of Directors of the Gulf Monetary Council, held in Doha.

The meeting addressed several topics on the ag…

Doha: Qatar Stock Exchange index rose by 1.40 percent at the beginning of Thursday’s trading, gaining 143.76 points, and reaching the level of 10,391 points compared to the closing of Wednesday’s session.

Figures released by the stock exchange showed…

Kuwait’s Ministry of Commerce and Industry announced on Thursday the total local non-oil exports of Kuwaiti origin to the world in August amounted to KD 19.1 million (USD 62.5 million) compared to KD 24 million (USD 78 million) in July.

Undersecreta…

European stocks rose Thursday after the European Central Bank (ECB) cut interest rates by 25 basis points to 3.5 percent.

The pan-European Stoxx 600 index rose 0.8 percent to 511.98 points at the close, recording its highest level in a week, and all …

Doha: HE Governor of Qatar Central Bank (QCB) Sheikh Bandar bin Mohammed bin Saoud Al-Thani participated Thursday in the 62nd meeting of the Board of Directors of the Gulf Monetary Council, held in Doha.

The meeting addressed several topics on the ag…