Doha: QNB said in its weekly economic report that it expects US inflation to continue to moderate in the coming months towards acceptable levels, after it has declined significantly from its peak, supported by strong productivity growth, reduced labor…
The official price of Omani oil, for delivery in September, today, was recorded at $81.70 per barrel..
The price of Omani oil witnessed an increase of $1.04 compared to yesterdays price, Thursday, which amounted to $80.66.
It is noteworthy that the …
Gold prices went up on Friday but are on track to record a weekly decline, as investors are awaiting new US inflation data, which is expected to offer further clues about the timing of a potential interest rate cut.
Spot gold rose by 0.4% to $2,374.1…
The US Department of Commerce revealed Friday that the country’s inflation rate rose on a monthly basis during June.
The Department said in a statement that consumer prices rose in June by 0.1 percent on a monthly basis after stabilizing in May, whil…
Gold prices went up on Friday but are on track to record a weekly decline, as investors are awaiting new US inflation data, which is expected to offer further clues about the timing of a potential interest rate cut.
Spot gold rose by 0.4% to $2,374.1…
The Board of Directors of the African Development Bank Group approved a 120 million euros financing package for Morocco today, aimed at supporting efforts to combat climate change.
According to a statement from the bank, the program primarily seeks t…