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Crude Oil Falls Below 75 Dollars as Hormuz Reopening Hopes Lift Supply Outlook
Oil prices extended declines on August 5, 2026, dropping below 75 dollars a barrel after steep losses in prior sessions…
Gold Prices Extend Gains on Wednesday Amid Weaker Dollar and Geopolitical Risks
Gold extended its upward momentum on Wednesday with spot prices rising 0.5 percent to more than 4,130 dollars per ounce…
South Korea’s Foreign Reserves Climb to $427.95 Billion in July
South Korea's foreign reserves increased to $427.95 billion in July, up from the previous month, according to data released this…
Eurozone Factory Output Hits Fastest Growth in Four-and-a-Half Years in July, PMI Data Reveals
Eurozone factory output expanded at the quickest pace in four-and-a-half years during July as the S&P Global manufacturing PMI rose…
Dukhan Bank Activates J.P. Morgan Kinexys Platform for 24/7 Cross-Border Payments
Dukhan Bank on August 4, 2026 became Qatar's first Islamic bank to go live on J.P. Morgan's Kinexys Blockchain Deposit…
Mining Gains Push Qatar Industrial PPI Up 2.75 Percent in May 2026
Qatar's PPI for industrial sector for May 2026 increases by 2.75% to 123.01 points with a 14.32 percent annual rise,…
Inflation in Qatar Edges Higher With CPI Rising 2.21 Percent in June
Qatar's consumer price index rose 2.21 percent in June 2026 from a year earlier to reach 110.12 points, the Planning…
Non-Oil Activities Power UAE’s 3% Economic Expansion During January-March 2026
The UAE economy grows by 3% in Q1 2026 driven by strong non-oil sector performance according to a report issued…
Syria Forms UAE Business Council in Bid to Capitalize on Surging Bilateral Trade
Syria's Economy and Industry Minister Nidal al-Shaar established the Syrian-UAE Business Council on June 30, 2026 as the sole official…
SLB AI Platform Goes Live on ADNOC Fleet of Over 120 Drilling Rigs in Major Digital Push
ADNOC and SLB deployed an AI platform across more than 120 drilling rigs on Monday to strengthen upstream performance and…
Shahbal’s Gulf Group Secures DP World Deal for Mombasa Special Economic Zone
Businessman Suleiman Shahbal has signed an agreement with DP World for the development of a Special Economic Zone in Dongo…
DAAM Partners with Qatar Social Work to Fund Vocational Training for Youth with Disabilities
The Social and Sport Contribution Fund (DAAM) and the Qatar Foundation for Social Work signed a funding agreement on August…