Market

Gold Holds Ground as Investors Await US Data for More Fed Cues

Doha: Gold prices remained stable on Thursday, as market participants awaited US economic data due this week that could help shed further light on the Federal Reserve’s interest rate trajectory. Spot gold held its ground at $3,390.91 per ounce after h…

Oman Oil Price Drops 92 Cents

Doha: Oman oil price for October delivery 2025 reached USD 68.53 on Thursday, marking a decrease of 92 cents compared to the previous day’s price of USD 69.45.

According to Qatar News Agency, the average price of Oman oil for August delivery 2025 h…

Egypt’s Central Bank Reduces Key Rates by 200 Basis Points

Cairo: The Monetary Policy Committee of the Central Bank of Egypt announced today a decision to cut the overnight deposit rate, overnight lending rate, and the main operation rate of the central bank by 200 basis points, bringing them to 22.00 percent…