Market

QNB Says ASEAN Economies Relatively Resilient to Sudden Changes

Doha: Qatar National Bank (QNB) has affirmed that the large ASEAN economies are relatively resilient to sudden changes in risk sentiment and capital flows.

In its weekly economic commentary, QNB considered such resilience as a major source of support…

Oman’s GDP Rises in Q1 of 2024

The Gross Domestic Product (GDP) at current prices for the Sultanate of Oman at the end of the first quarter of 2024 recorded an increase of 0.8 percent, reaching OR 10.442 billion, compared to the same period in 2023, which amounted to OR 10.362 bill…

Kuwaiti Oil Rises 85 Cents

The price of a barrel of Kuwaiti oil rose 85 cents to reach $89.52 per barrel in weekend trading, compared to $88.67 in the previous days trading, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude fu…