Market

Gold Prices Decline for Second Straight Session as US Data Looms.

Gold: Gold prices fell on Monday for a second consecutive session as investors awaited US economic data and comments from Federal Reserve officials this week for more clarity on the future direction of US interest rates. Spot gold dropped 0.5% to $2,6…

QatarEnergy Acquires Stake in Egypt’s North El-Dabaa Block.

Qatar: QatarEnergy has entered into an agreement with Chevron to acquire a 23% working interest in the concession agreement for the North El-Dabaa (H4) Block, located in the Mediterranean Sea offshore Egypt. Under this agreement, QatarEnergy will take…

Kuwait Bourse Sees Gains as All Share Index Rises by 0.53 Percent.

Kuwait City: Kuwait Bourse closed trading on Monday as the All Share Index gained 38.34 points to reach 7,267.44 points, an increase of 0.53 percent. As many as 581.1 million shares valued at KWD 114 million (roughly USD 347.7 million) were traded via…