Arab News Headlines

Market

Gold Rangebound as Investors Look for Rate Hike Clues

Singapore, Gold prices were confined to a narrow range on Wednesday as market participants assessed the timeline for potential US interest rate cuts.

Spot gold rose 0.1% to $2,317.44/oz. US gold futures gained 0.1% to $2,326.40.

For other precious m…

QSE Index Closes 0.05 Percent Higher

Doha: The Qatar Stock Exchange (QSE) general index closed at 9,707.81 points on Sunday, 5.28 points (0.05 percent) up from its previous closing.

A trading volume of 145,436,094 shares was registered in 12,355 transactions in all sectors, with a total…

Omani Oil Price Declines $1.10

Muscat, Oman oil price (June delivery 2024) reached $82.89 today, a decline of $1.10 compared to yesterday’s price which stood at $84.8.

The average price of Oman oil (May delivery 2024) was $78.49 per barrel, thus $3.74 per barrel lower than the Apr…

Jordan’s Exports Rise 8.9% in Q1 of 2024

Amman, The Amman Chamber of Commerce (ACC) has released encouraging data indicating a robust performance in the city’s trade sector during the first quarter of 2024.

According to the Chamber’s statistics, exports of goods and commodities to both Arab…

Calcalist: Invading Rafah will harm Egypt economically

Cairo – Ma’an – The Hebrew newspaper “Calcalist” reported that Israel’s control of the Rafah crossing will harm Egypt economically.

She pointed out that the Egyptian Stock Exchange suffered from instability last week due to fears of the escalation of…

Dollar Rises on Interest Rate Differentials

Tokyo, The US dollar gained 0.44% to 154.5635 yen, adding to its 0.58% rally from Monday.

On Friday, it sank as low as 151.86 yen for the first time since April 10, as softer-than-expected monthly US jobs data fed losses following Bank of Japan data…