US Federal Reserve Keeps Interest Rates Unchanged
The US Federal Reserve (the central bank) on Wednsday kept interest rates unchanged, at a range of 5.25% to 5.50%, for the fifth time this year and the eighth in…
China’s Non-manufacturing PMI Falls in July 2024
China's purchasing managers' index (PMI) for the non-manufacturing sector came in at 50.2 this July, reflecting a contradiction from 50.5 in June, data from the National Bureau of Statistics showed…
QT Announces Renewing Multi-Year Partnership with Illustrious Goodwood Racecourse
Doha, July 31 (QNA) - Qatar Tourism (QT), represented by Visit Qatar, announced the extension of its multi-year partnership with Goodwood Racecourse that will commence in 2025. In a statement,…
Qatar’s Budget Records QR 2.6B Surplus in Q2 of 2024
Doha July 31 (QNA) - The Ministry of Finance announced Wednesday that the State of Qatar's budget for the second quarter of 2024 recorded a surplus of QR 2.6. The…
Khaleej Takaful Insurance Company Profits Decrease by 1.87 percent in First Half of 2024
Doha, July 31 (QNA) - The net profits of Khaleej Takaful Insurance Company (a Qatari public shareholding company) decreased by 1.87 percent in the first half of 2024 to reach…
Gold Prices Set for Monthly Gain on US Rate Cut Hopes
Gold prices firmed on Wednesday, heading for a monthly gain on the back of growing optimism about US interest rate cuts. Spot gold was up 0.4% at $2,416.79 per ounce,…
Oil Futures Rebounds Over $1 after 7-Week Lows
Oil futures rebounded more than $1 a barrel from 7-week lows. Brent crude futures climbed $1.17, or 1.5%, to $79.80 a barrel, while the more active October contract was at…
QCB Maintains Current Interest Rates
Doha, July 31 (QNA) - Qatar Central Bank (QCB), on Wednesday, assessed the current monetary requirements of the State of Qatar and decided to maintain the current interest rates for…