Doha: QatarEnergy has signed agreements with BG International Limited, an affiliate of Shell, to acquire interests in three offshore exploration areas off the coast of the Oriental Republic of Uruguay. The agreements mark a significant expansion of Qa…
New york: The US dollar was steady near a six-week high on Wednesday as investors come to terms with the possible need for higher interest rates to tackle inflation due to Iran war, pushing the Japanese yen back into the intervention zone. Against a b…
Doha: Gold prices experienced a slight decline on Wednesday, primarily influenced by the rise in Treasury yields and a strengthening dollar, which overshadowed the optimism surrounding a potential peace agreement between the US and Iran.
According t…
Doha: The closure of the Strait of Hormuz represents the beginning of a systemic agrifood shock, which could lead to a severe global food price crisis within six months to a year, warned the Food and Agriculture Organization of the United Nations (FAO…
Doha: The State of Qatar and the European Union have discussed ways to strengthen cooperation in the energy sector during high-level virtual talks held on Wednesday. HE Minister of State for Energy Affairs Saad bin Sherida Al Kaabi met HE Dan Jorgense…
Doha: European stock indexes closed higher today after data from the Office for National Statistics showed that inflation in Britain eased to 2.8 percent in April. Investors also monitored rising US Treasury yields, with the yield on 30-year Treasury …