June 3, 2024

Dollar Holds Steady amid Fed Rate Cut Speculation

The dollar held steady on Monday, as investors wagered that US inflation may have stabilized enough for the US Federal Reserve to cut rates in 2024.

The dollar index, which measures the US currency against six others, was last at 104.58. The index fe…

Karwa Launches New Academy to Enhance Driving, Safety Standards

Doha: Mowasalat Karwa company launched its new academy, previously known as Karwa Driving School, in an effort to provide the highest level of training in the field of driving and safety, and set modern standards for driving education in the State of …

Oil Prices Steady as Investors Assess OPEC+ Output Cut Extension

Oil prices were little changed on Monday, as investors weighed a move by producer group OPEC+ to extend deep output cuts well into 2025.

Brent futures for August delivery were down 14 cents, or 0.2%, to $80.97 a barrel.

US West Texas Intermediate (W…