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Saudi Arabia’s Real GDP Increases by 3.0% in Q1 2026

Riyadh: Saudi Arabia’s real GDP grew by 3.0% in the first quarter of 2026 compared with the same quarter of 2025, supported by growth in both oil and non-oil activities, which expanded by 2.9% each, as well as a 1.5% increase in government activities….

Kuwaiti Oil Price Rises by USD 2.42

Kuwait city: The price of Kuwaiti oil increased by USD 2.42, reaching USD 106.24 per barrel in Tuesday’s trading session. This marks a rise from the previous session’s price of USD 103.82 per barrel, as per the latest figures released by the Kuwait Pe…

Oman Oil Price Falls $4.79 Per Barrel

Muscat: The official price of Oman crude oil for August delivery reached $88.59 per barrel on Tuesday, reflecting a decrease of $4.79 compared to Monday’s price of $93.38 per barrel.

According to Qatar News Agency, the monthly average price for Oman…

Gold Prices Slip as Investors Await US Inflation Data

Doha: Gold prices fell on Tuesday, weighed down by a broad sell-off and growing expectations of US interest rate hikes later this year, while investor focus shifted to key inflation data due later this week. Spot gold fell 0.7 percent to $4,298.75 an …