The Qatar Stock Exchange closed on Wednesday with a slight increase of 1.25 points or 0.01 percent, reaching the level of 10,406.70 points.
During the session, 152,490,343 shares were traded, with a total value of QAR 322,033,434.544, resulting from …
US stocks closed nearly unchanged on Tuesday.
The S and P 500 gained 1.52 points, or 0.04%, to end at 5,634.61 points, while the Nasdaq Composite gained 34.82 points, or 0.20%, to 17,626.95.
The Dow Jones Industrial Average fell 5.19 points, or 0.01…
Japan and the United Arab Emirates (UAE) have decided to launch negotiations for a free trade agreement (FTA), Japanese Foreign Minister Yoko Kamikawa announced Wednesday. In a press conference, minister Kamikawa expressed hope of “concluding an ambi…
Turkish Minister of Transport and Infrastructure Abdulkadir Oraloglu announced that the plans to implement the development road project with Iraq are nearing completion, and that the project is expected to start at the beginning of next year.
Oralogl…
In light of its vigilant monitoring of the domestic and international economic developments and the end of the monetary tightening cycle initiated since March 2022 at most of global central banks, the Board of Directors of the Central Bank of Kuwait …
The US Federal Reserve slashed the targeted range of the benchmark interest rate, for the first time since March 2020, by 0.5 percent to 4.75 to 5 percent, prodded by the inflation’s progress towards the two-percent goal.
“In light of the progress o…
Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet that demand will grow if the US Federal Reserve lowers borrowing costs this week, as is widely expected.
Brent crude futures gained 95 cents, or 1.3%, to se…
The US Federal Reserve (the central bank) on Wednesday announced that it has cut interest rates by 50 basis points to a range of 4.75 percent to 5.00 percent.
The Fed’s decision to cut interest rates is the first of its kind since 2020, which puts an…
The State of Qatar chaired the fifth extraordinary meeting of the Undersecretaries of Ministries of Industry of the Gulf Cooperation Council (GCC) countries, which was held today in Doha.
The meeting was attended by Their Excellencies, the Undersecre…
Saudi Arabia’s Central Bank announced Wednesday it slashed the repurchase agreement (repo) rate by 50 basis points to 5.50 percent, and the reverse repo rate by 50 basis points to 5.00 percent.
A statement from the bank said the move comes in line wi…
Kuwait’s Al-Qadsia won on Wednesday against Egypt’s Al-Ahli Bank with a score of (26-24) during the 39th Arab Handball Clubs Championship for League and Cup, which runs from 16 September till 26 September in Kuwait.
The two teams ended the first hal…
Kuwait’s Al-Qadsia won on Wednesday against Egypt’s Al-Ahli Bank with a score of (26-24) during the 39th Arab Handball Clubs Championship for League and Cup, which runs from 16 September till 26 September in Kuwait.
The two teams ended the first hal…
