Market

China’s Core AI Industry Size Exceeds $142 Billion in 2025

Beijing: The size of China’s core artificial intelligence industry exceeded one trillion yuan in 2025 ($142 billion), the Ministry of Industry and Information Technology said today in a statement. The ministry confirmed its intention to strengthen the…

Omani Oil Prices Reach $62.27 a Barrel

Muscat: The official price of Oman crude oil for February delivery was recorded today at $62.27 per barrel. The price of Omani oil saw a decrease of $0.30 compared to last Wednesday’s price of $62.57 per barrel.

According to Qatar News Agency, the m…

Central Bank of Egypt Cuts Interest Rates by 100 Basis Points

Doha: The Monetary Policy Committee of the Central Bank of Egypt (CBE) decided Thursday to cut the overnight deposit and lending rates, as well as the Central Bank’s main operation rate, by 100 basis points, to 20.00 percent, 21.00 percent, and 20.50 …

Saudi Stock Index Closes Lower Amid Mixed Market Performance

Riyadh: The main Saudi stock index concluded Thursday’s trading session with a decline of 14.63 points, closing at 10,526.09 points. The day’s trading activities saw a total exchange value of SAR 1.6 billion.

According to Qatar News Agency, the sess…