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Qatar Chamber Discusses Trade Cooperation with Uzbekistan

Doha: Qatar Chamber discussed ways to enhance trade and economic cooperation between the State of Qatar and the Republic of Uzbekistan, in addition to the key sectors that investors from Qatar and Uzbekistan can enter, as well as activating the agreem…

Euro Rises, Yen Fragile

The euro rose on Monday, while the yen struggled to break away from a near 38-year low.

The euro was last 0.4% higher at $1.0759, around a two-week high.

Against the dollar, sterling rose 0.11% to $1.2659, while the Aussie dipped 0.07% to $0.66655.

QSE Index Rises 0.10% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 10.01 points, or 0.10 percent, at the start of trading on Sunday, to reach the level of 10,519 points, compared to Thursday’s closing, with backed by most sectors.

QSE’s figures showed a posi…

Saudi Arabia Records 231.7 Points in the UN Maritime Index

Riyadh: Saudi Arabia, represented by the Saudi Ports Authority (Mawani), attained 231.7 points in the UN Trade and Development’s (UNCTAD’s) Liner Shipping Connectivity Index (LSCI) for the second quarter of 2024.

This year has witnessed the continuat…

Oil Edges Up in Early Trade Monday

Oil prices edged up in early trade on Monday, supported by forecasts of a supply deficit stemming from peak summer fuel consumption and OPEC+ cuts in the third quarter.

Brent crude futures rose 16 cents, or 0.2%, to $85.16 a barrel, while US West Tex…

Japan’s Stocks Rise

Tokyo stocks rose Monday morning after the Bank of Japan’s Tankan survey showed a better-than-expected improvement in sentiment among major manufacturers.

The 225-issue Nikkei Stock Average gained 104.32 points, or 0.26 percent, to 39,687.40.

The br…

Gold Remains Stable in Early Trade

Gold prices maintained firm in early Asian hours on Monday, bolstered by statistics showing that inflation in the United States has slowed, raising hopes that the Federal Reserve may begin decreasing interest rates this year.

The spot gold price rema…

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