August 4, 2025

Gold Succumbs to Profit-taking after US Jobs Data-fuelled Rally

Doha: Gold prices slipped on Monday as investors booked profits after a sharp rise in the previous session following weaker-than-expected US jobs data that boosted expectations for a Federal Reserve interest rate cut in September. Spot gold lost 0.3% …

China’s Machinery Industry Achieves Robust Growth in H1 2025

China: China’s machinery industry achieved a positive performance in the first half of 2025, recording growth in both production and sales. A statement by the China Machinery Industry Federation (CMIF) highlighted that the value added by the Chinese m…

GCC, IEF Discuss Enhancing Cooperation in the Energy Sector

Riyadh: Secretary-General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi and Secretary-General of the International Energy Forum (IEF) Jassim Alshirawi discussed ways to enhance cooperation and coordination between the council and the f…

Qatari Investors Group’s Profits Rise by 1.48 Percent

Doha: Qatari Investors Group (a Qatari public shareholding company) reported a 1.48 percent increase in net profits during the first half of this year, reaching QR 71.721 million, compared to QR 70.673 million in the same period last year.

According…