Business

S. Korea’s ICT Exports Reach Unprecedented Levels in August

South korea: South Korea’s exports of information and communication technology (ICT) products hit a record high in August, driven by sustained global investments in artificial intelligence (AI), government data showed Monday.

According to Qatar New…

Oman Oil Price Up by USD 5.73

Muscat: The official price of Oman crude oil for November delivery rose on Monday by USD 5.73 to USD 127.62 per barrel, compared to Sunday’s price of USD 121.89.

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

Gold Prices Slip on Inflation Concerns, Rate Hike Bets

Doha: Gold prices edged lower on Monday as a surge in oil prices fueled inflation concerns and raised expectations that the US Federal Reserve could hike interest rates this week. Spot gold fell 0.5% to $4,327.80 an ounce after posting its third conse…

QSE Index Falls 10.87 Points at Start of Monday’s Trading

Doha: The Qatar Stock Exchange (QSE) index fell by 0.11% at the start of Monday’s trading, losing 10.87 points compared with the previous session’s close to reach 9,838 points, pressured by declines in three sectors.

According to Qatar News Agency,…