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PM Nawaf Salam Meets New WHO Representative and Former Minister Harb
Israeli Airstrike and Drone Attack Intensify Tensions in Nabatieh
Oman Oil Price Declines 1.05 US Dollars
Oman oil price (November delivery 2024) today reached 72.32 US Dollars, comprising a decline by 1.05 US Dollars compared to the price of last Friday, which stood at 73.37 US Dollars.
The average price of Oman oil (September delivery 2024) stabilized…
Oil Prices Jump $1 on Post Selloff Recovery
Oil futures jumped by a dollar in early trading today as markets recovered from a selloff following weaker-than-expected US jobs data on Friday.
West Texas Intermediate crude futures rose $1, or 1.48%, to $68.67 a barrel.
Brent crude futures were u…
Tender Results of Government Treasury Bills worth RO 30 Million Issued
The total issuance of Government Treasury Bills amounted RO 30 million. The value of the allotted Treasury bills amounted to RO 0.3 million, for a maturity period of 28 days. The average accepted price reached RO 99.650 for every RO 100, and the mini…
Gold Slips Below $2,500 Mark
Gold prices remained steady today and was trading slightly below the key $2,500 an ounce level, as the market awaited August inflation data for further insights into the anticipated Federal Reserve interest rate cut this month (September 2024).
Spot…
China’s Consumer Prices Rise 0.6% in August
China’s consumer prices continued to rise in August amid a sustained recovery of domestic demand, official data showed today.
The consumer price index (CPI), a main gauge of inflation, was up 0.6% year on year last month (August 2024), quickening fr…
European Shares Rebound After Worst Week in over a Year
European stocks started the week higher, with investors awaiting economic data that could lead to a European Central Bank interest rate cut later in the week.
The pan-European STOXX 600 index was up 0.5 percent, after posting its worst weekly perfor…
Dollar Rises Amid Focus on Fed Rate-Cut Outlook
The dollar recovered some lost ground today while the yen pared its safe-haven gains, as investors who were undecided on the scale of a Federal Reserve rate cut expected later this September 2024.
The onshore yuan was last 0.3 percent weaker at 7.11…
25pc of OQEP Shares to Go on IPO
OQ SAOC announced its intention to offer up to 25% of its shares in OQ Exploration and Production (OQEP) Company (under transformation) through an initial public offering (IPO), on receipt of required approval from the Financial Services Authority (F…
Kuwait rejoices being named Humanitarian Center for its unwavering commitment
September 9th, 2014, Kuwait marked a significant milestone in its humanitarian history with a remarkable event recognized by the United Nations.
The country was honored as a “Humanitarian Center,” while the late Kuwait Amir, Sheikh Sabah Al-Ahmad Al…
Kuwait PM congratulates North Korea on nat’l day
His Highness the Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah sent on Monday a congratulatory cable to North Korean Leader Kim Jong-un in celebration of his country’s national day.
Source: Kuwait News Agency
