Market

Oman Oil Price Rises $2.95

Doha: The official price of Oman crude oil for delivery next October has been set at USD 91.67.

According to Qatar News Agency, the price of a barrel of Omani oil increased by USD 2.95 from yesterday’s price of USD 88.72. The recent rise highlights…

Inflation in France Accelerates to 2.4% YoY in August

Doha: France’s annual inflation rate accelerated to 2.4 percent in August, up from 2.1 percent in July, driven mainly by higher energy prices.

According to Qatar News Agency, the French National Institute of Statistics and Economic Studies (INSEE) s…

Saudi Stock Index Closes Lower as TASI Drops

Riyadh: The main Saudi stock index (TASI) closed lower on Thursday, dropping 21.97 points to reach 11,237.93 points, with total transactions valued at SAR 5 billion.

According to Qatar News Agency, a total of 250 million shares were traded, with 14…

US Stock Indexes Open Higher as Market Gains Momentum

New york: Major US stock indexes opened higher on Thursday. The Dow Jones Industrial Average rose 149.8 points, or 0.28 percent, to 53,613.66 points. The S and P 500 gained 34.6 points, or 0.45 percent, to 7,710.34 points. The Nasdaq Composite climbed…