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QSE Index Drops 0.09% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 8.52 points, or 0.09%, at the beginning of trading on Tuesday, reaching the level of 9912.85 points, compared to yesterday’s closing.

QSE general index was weighed down by a decline in thr…

US Dollar Rises to 5-Month High

Singapore: The US dollar rose to a five-month high against major peer currencies on Tuesday following hotter-than-expected US retail sales figures, raising worries of an intervention from Tokyo as the yen languished at its lowest since 1990.

Data on …

Microsoft invests $1.5 billion in Abu Dhabi’s G42

Abu Dhabi, G42, the leading UAE-based artificial intelligence (AI) technology holding company, and Microsoft today announced a $1.5 billion strategic investment by Microsoft in G42.

The investment will strengthen the two companies’ collaboration in b…

QCB Issues Government Bonds, Sukuk Worth of QR 4.65 Billion

Doha: The Qatar Central Bank (QCB) issued Government Bonds and Sukuk for tenors of two, three, five, and seven years worth QR 4.65 billion.

On its website, QCB said on Tuesday that the issuance of the treasury bills came as follows: QR 1.65 billion f…

EasyJet suspends all flights to Israel until October

Bethlehem Together – Low-cost company EasyJet announced today (Tuesday) that it has canceled all its flights to Israel until October 27.

The company’s announcement read: ‘As a result of the ongoing and evolving situation in Israel, easyJet has taken …

Gold Rises on Growing Geopolitical Concerns

London, Gold prices rose on Tuesday, not too far away from a record high hit last week, as rising geopolitical tensions propped up demand for the safe-haven metal.

Spot gold was up 0.2% at $2,387.11 per ounce, after hitting an all-time high of $2,431…

IMF Expects Steady But Slow Growth for Global Economy in 2024

Washington: The International Monetary Fund (IMF) forecasted that the global economy is heading towards another year of steady but slow growth in 2024. This comes as the strength of the US economy is expected to outweigh the headwinds resulting from o…