Market

Iraq’s Oil Exports Surge Over 101.6 Million Barrels in May

Baghdad: The Iraqi Ministry of Oil revealed Tuesday that the country exported more than 100 million barrels of crude oil last month, generating revenues exceeding $6 billion. The ministry’s announcement highlights Iraq’s significant role in the global…

Bank Al Maghrib Keeps Interest Rate Unchanged at 2.25 Percent

Rabat: Bank Al Maghrib announced Tuesday that its key interest rate has been kept unchanged at 2.25 percent.

According to Qatar News Agency, in a statement following its second quarterly board meeting this year, the bank emphasized that the decision…

Saudi Stock Market Index Sees Gains Amid Active Trading

Doha: Saudi Arabia’s main stock index closed higher on Tuesday, gaining 254.04 points to end the trading session at 10,964.28 points, with a total traded value of 8.4 billion Saudi riyals.

According to Qatar News Agency, a total of 435 million share…

Oman Oil Prices Drops by USD 6

Muscat: The official price of Oman crude oil for August delivery dropped on Tuesday by USD 6.99 to USD 68.83 a barrel compared to Monday’s price of USD 75.86 a barrel.

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