Doha: Oil prices fell sharply today, but are still on track for weekly gains as the Strait of Hormuz remains closed. Brent crude futures for July delivery fell $2.23, or 2.02 percent, to settle at $108.17 a barrel. West Texas Intermediate crude future…
Manama: Oil prices fell at settlement on Thursday after earlier surging to multi-year highs amid concerns over potential supply disruptions in the Middle East. Futures for Brent crude dropped by $4.02, or 3.41%, to settle at $114.01 a barrel. Meanwhil…
Manama: US stocks ended Thursday trading at a new all-time high. The S and P 500 closed at a new record, ending trading 1.02 percent higher at 7,209.01. The Nasdaq followed suit, closing at a record high. And while the Dow Jones Industrial Average was…
Manama: The Gulf Cooperation Council (GCC): The Gulf Cooperation Council (GCC) has emphasized the critical role that the private sector plays in achieving national goals and enhancing the collaborative efforts of Gulf nations. Secretary General of the…