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Kuwait Oil Price Declines 43 Cents

The price of Kuwaiti oil went down 43 cents to reach USD 88.46 per barrel on Wednesday as opposed to USD 88.89 last Tuesday, the Kuwait Petroleum Corporation (KPC) said on Thursday.

On a global scale, the price of the Brent crude futures’ contracts w…

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Saudi Stock Exchange Closes Higher

The Saudi Stock Exchange main index on Thursday closed at 11,658.66 points, 63.46 points up from the previous closing.

As many as 186 million shares were traded with a trading value of SAR 4.9 billion.

The shares of 122 companies rose while 100 othe…

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European Shares Advance on Rate Optimism

European shares rose on Thursday amid optimism around US interest rate cuts following soft economic data, while London markets gained as voting began in the UK.

The pan-European STOXX 600 index (STOXX), opens new tab rose 0.3 percent, led by a 1.3 pe…

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