Market

Lord Mayor of the City of London, Nicholas Lyons stressed the depth of relations between London and Doha as two key financial hubs, noting that financial services represent about 12 percent of his countrys gross domestic product. He pointed to the impo…

China’s coal-rich province of Shanxi saw its raw coal output near 900 million tones in the first eight months of this year, amid efforts to increase production to ensure supply, the Chinese provincial statistics bureau.The coal output in Shanxi, the co…

In August 2023, the foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus of QR 21.4 billion almost, i.e., a decrease of about QR 14.9 billion or 41.1% compared to August 2022, and increa…

Gold prices on Tuesday fell for a seventh consecutive session to its lowest since March.Spot Gold was down 0.6% to $1,817 per ounce by 0306 GMT, falling for a seventh consecutive session to its lowest since March 9.US gold futures fell 0.7% to $1,833.4…

Madinah Chamber will hold a meeting for Saudi and Tunisian entrepreneurs tomorrow.During the meeting, the two sides discuss cooperation in different sectors and open new prospects for investment and trade and expanding joint business opportunities.Sour…

The main Saudi stock index closed down today by 34.23 points, after ending the trading at 11,005.94 points, with trades worth SR 5 billion.During the session, 170 million shares, were traded. The shares of 60 companies rose, while the shares of 158 co…

The forum on government procurement plan for 2024 concluded today. The four-day forum reviewed projects with a total value of up to QR 76.2 billion intended to be implemented by the Public Works Authority (Ashghal), the Qatar General Electricity and W…

In his presentation, Eng. Moaz Mohammed Karamallah from the financial affairs department of the Ministry of Municipality discussed the ministry’s projects in 2024, adding that they include 145 general tenders.He highlighted some of the ministry’s part…

Muscat Stock Exchange (MSX) index “30” closed today at 4,735.48 points, an increase of 36.4 points, or 0.77 percent, compared to the last trading session, which reached 4,699.08 points.The trading value amounted to OMR 693,391, a decrease of 53.3 perc…

The United Arab Emirates has called on the oil and gas industry to rally around ambitious decarbonisation targets as part of the COP28 Presidency’s Action Agenda to fast-track the energy transition and keep 1.5C within reach.In his keynote speech durin…