Market

Turkiye Warns Middle East Tensions Could Impact Global Economy

Ankara: Turkish Minister of Energy Alparslan Bayraktar has warned that the ongoing geopolitical crisis in the Middle East could escalate to a level affecting the global economy. Speaking to the press on Wednesday, Bayraktar described the current tensi…

European Stocks Rally on Middle East De-Escalation Hopes

Doha: European stocks closed higher on Wednesday, amid expectations of a de-escalation in the Middle East conflict and concerns about the war’s long-term economic damage. The pan-European Stoxx 600 index rose 1.4 percent to 587.49 points, marking its …

Saudi Stock Index Closes Higher Amid Strong Trading Activity

Riyadh: The main Saudi stock index closed higher Wednesday, registering a gain of 130.55 points to reach a closing value of 11,079.93 points. The trading activity for the day was valued at SAR 5.7 billion.

According to Qatar News Agency, the trading …

Jordan: Crude Oil Reserves Secure, Cover Local Demand

Doha: The Jordan Petroleum Refinery Company (JPRC) has confirmed that its crude oil reserves, necessary for refining petroleum products and producing gas cylinders, are securely available and cover local market demand without any interruption.

Accor…