Berlin: The Federal Ministry for Economic Affairs and Energy of Germany forecast a clear slowdown in the German economy during the second quarter of this year amid rising prices, supply chain problems, and uncertainty linked to developments in the war…
Doha: US stocks closed lower Friday, ending a strong week on a negative note. The S and P’s 500 index fell by 92.74 points, or 1.24 percent, to 7408.5 points. The Nasdaq Composite Index also fell by 410.077 points, or 1.54 percent, to 26,225.145 point…
Lebanon: Oil prices rose on Friday as markets remained cautious over escalating Middle East developments and their potential impact on Strait of Hormuz shipping flows. Brent crude futures climbed 60 cents, or 0.57%, to $106.32 a barrel. US West Texas …
Doha: The International Monetary Fund (IMF) confirmed that it is closely monitoring the energy crisis resulting from the conflict in the Middle East and its impact on fertilizer shipments.
According to Qatar News Agency, Head of Communications at th…