Washington: The International Monetary Fund (IMF) stated that the economic impact of the war in the Middle East will depend on its duration and the extent of the damage it inflicts on the region’s infrastructure and industries.
According to Qatar
Muscat: The official price of Oman oil for May delivery reached $85.93 per barrel (pb) on Wednesday, up $3.84 from Tuesday’s price of $82.09.
According to Qatar News Agency, the average monthly price of Omani crude oil for March delivery
Baghdad: The Iraqi Ministry of Electricity announced Wednesday evening a complete power outage across all Iraqi provinces. The ministry said in a statement carried by the Iraqi News Agency that the electrical grid has completely shut down across all I…
Doha: Gold prices rose more than 1% on Wednesday, rebounding from their lowest level in over a week recorded in the previous session, as escalating US and Israeli airstrikes on Iran boosted demand for safe-haven assets. Spot gold climbed 1.6%
Doha: The Qatar Stock Exchange (QSE) general index advanced 36.52 points, or 0.35%, at the beginning of trading on Wednesday, reaching 10,546 points in comparison to the previous session’s close.
According to Qatar News Agency, market data indicate…
Doha: Rates against the US Dollar as issued on Wednesday by Qatar National Bank (QNB) are as follows:
According to Qatar News Agency, the currency rates for buying and selling against the US Dollar have been detailed in the latest
Doha: Gold prices extended their rally for a fifth consecutive session on Tuesday, as investors sought safe-haven assets amid escalating tensions in the Middle East. Spot gold advanced by 1% to reach $5,377.21 per ounce, maintaining strong upward mome…
Doha: UAE Securities and Commodities Authority (SCA) announced Tuesday the resumption of trading, as well as clearing and settlement activities, across the nation’s capital markets, namely the Abu Dhabi Securities Exchange and the Dubai Financial Mark…
Doha: Qatar Energy announced that it will halt production of some of its chemical, petrochemical, and downstream industries’ products in the State of Qatar. Following its announcement on Monday of the halting of its liquefied natural gas (LNG) product…
New york: US natural gas futures jumped nearly 6% Tuesday to their highest level in two weeks due to rising oil and gas prices worldwide as the war in the Middle East expands and energy supplies are disrupted. April gas
Doha: The heads of the working group of the Economy, Trade, and Industry Committee, stemming from the Qatari-Saudi Coordination Council, held their 3rd meeting on Monday via video conferencing.
According to Qatar News Agency, the meeting was co-chair…
Basra: The Iraqi Ministry of Oil and the Basra Oil Company have taken a decisive step to halt production and pumping at the South Rumaila oil field. The decision comes in response to significant international political developments and the closure