Oil prices rose at settlement at the end of today’s trading, following the announcement of a decline in crude oil and gasoline inventories in the United States last week.
Brent crude futures rose by 42 cents, or 0.5 %, to reach $85.08 per barrel upon…
The Organization of the Petroleum Exporting Countries (OPEC) maintained its expectations for relatively strong growth in global oil demand in 2024 and 2025, noting that flexible economic growth and strong air travel will support the use of fuel in the…
Doha: Ooredoo has entered a partnership with Qatar Airways, one of the worlds top airlines, to embark on a large-scale cloud adoption journey. In collaboration with Google Cloud, this initiative marks a significant milestone in both organizations comm…
Secretary-General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi said that there is an understanding regarding the importance of moving forward with finalizing the rounds of negotiations for a free trade agreement between the GCC and th…
Morocco and the African Development Bank (ADB) on Wednesday signed four financing agreements worth more than DM 6.45 billion (more than 600 million euros), covering the areas of education, economics, sustainable development and infrastructure.
The ag…
The US Energy Information Administration announced Wednesday that crude oil and gasoline inventories in the United States declined last week, while distillate products rose.
The administration, which is the statistical arm of the US Department of Ene…
The United Nations Trade and Development Organization (UNCTAD) has warned of the increasing environmental repercussions of the global digital economy and digital technologies, especially on developing countries.
It underlined the necessity of harness…
Saudi Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz , on Wednesday discussed with Minister of State and Special Envoy for International Climate Action at the German Foreign Ministry Jennifer Morgan, prospects for cooperation in the fiel…
The Organization of the Petroleum Exporting Countries (OPEC) has stuck to its forecast for relatively robust growth in global oil demand in 2024 and 2025, citing resilient economic growth and strong rebound in air travel in the summer months.
In its …
European stock indices on Wednesday closed higher, influenced by gains in retail sector stocks.
The European Stoxx 600 index closed at an increase of 0.93 percent, with almost all sectors ending in the green zone.
The French CAC 40 index also achiev…
Doha: The Ministry of Commerce and Industry announced the implementation of Ministerial Decision No. (60) for the year 2024, issued by HE Minister of Commerce and Industry Sheikh Mohammed bin Hamad bin Qassim Al-Thani, reducing the MOCI’s service fees…
The Minister of Transport, Razzaq Muhaibas Al-Saadawi, confirmed today, Wednesday, the work day and night to fulfill the requirements of the development road.
A statement by the Ministry of Transport stated that Al-Saadawi received the new Turkish Am…
