Kuwait city: The price of Kuwaiti oil experienced a rise of $2.88, reaching $87.44 a barrel during Friday’s trading session. This increase is notable compared to Thursday’s price of $84.56 a barrel, as announced by the Kuwait Petroleum Corporation (KP…
Gaza city: Qatar National Bank (QNB): The need for further monetary policy tightening by the European Central Bank (ECB) is expected to diminish, as the risks of energy price shocks spilling over into inflation have eased, the growth outlook for the E…
New york: Oil prices fell at settlement on Friday and also declined over the week, weighed down by the US Federal Reserve’s inflation-fighting policy and reports suggesting a possible agreement on navigation through the Strait of Hormuz.
According to…
Muscat: The Financial Sector Index of the Muscat Stock Exchange reached its highest level in 18 years last week, closing at 13,383 points as investors increased their exposure to banking and investment companies, encouraged by improved financial resul…