CBK announces new bonds, tawarruq worth KD 160 mln

The Central Bank of Kuwait (CBK) announced on Monday the allocation of issuance of bonds and tawarruq amounting to KD 160 million (about USD 528 million).

The CBK said in a statement to KUNA that the issuance period is three months with a return rate…

Muscat Stock Exchange Index Closes Lower

Muscat Stock Exchange (MSX) 30 Index closed Sunday at 4,708.53 points, down 16.6 points or 0.35 percent, compared to the last trading session which reached 4,725.12 points.

The trading volume amounted to OMR 3,623,909, up by 18.2 percent compared to…

Non-Energy Private Sector Continues to Expand in July -1-

Qatari financial services companies recorded further sharp expansions in total business activity and new contracts in July, albeit at softer rates than in June. The seasonally adjusted Financial Services Business Activity and New Business Indexes post…

Non-Energy Private Sector Continues to Expand in July

Doha: Qatar’s non-energy private sector continued to expand at the start of the second half of 2024, according to the latest Purchasing Managers’ Index (PMI ) survey data from Qatar Financial Centre (QFC) compiled by S and P Global.

Output and new or…

Gold Rises Amid US Recession Fears

Gold prices drifted higher on Monday, aided by worries that the US could be headed for a recession and rising bets that the Federal Reserve will likely need to start cutting interest rates aggressively.

Spot gold rose 0.14 percent to USD 2,446.83 per…