Market

Oil Prices Surge More Than 2% on Growing Supply Fears

Doha: Oil prices surged more than 2% on Monday as fresh Houthi attacks on Saudi Arabia, Iranian attacks on vessels in the Gulf and the closure of a major Saudi oil pipeline heightened fears of disruptions to crude supplies. Brent crude futures rose $2…

Qatar Engages in Key GCC Financial Discussions in Manama

Manama: The State of Qatar participated in three Gulf Cooperation Council (GCC)-level financial meetings in the Bahraini capital, Monday. These meetings included the 87th meeting of the Committee of Central Bank Governors of the GCC, the 23rd board me…

Syria, US Hold Talks to Strengthen Economic, Investment Ties

Damascus: Syrian officials held talks in Damascus on Monday with a US business delegation representing 50 companies, as the two sides explored investment opportunities and ways to expand economic partnerships. The discussions marked a significant step…

European Stocks End Day with Mixed Results Amid Sector Sell-Off

Doha: European stock indexes closed mixed on Monday amid a broad sell-off in shares of companies linked to the artificial intelligence sector, as oil prices and sovereign bond yields rose. The pan-European Stoxx Europe 600 index fell about 0.5 percent…