Spot Gold Advances Modestly as Softer Dollar Lends Support on Monday

Gold edged higher on Monday with spot prices climbing above $4,060 per ounce as a weaker US dollar offset easing…

US Dollar Weakens Sharply Against Japanese Yen in Global Trading

The US dollar weakened sharply against the Japanese yen on August 3 2026 according to market data tracked by the…

Crude Benchmarks Slide Over 5 Percent as US-Iran Conflict Fears Recede

Oil prices fell more than 5 percent in early Asian trading on July 27, 2026, after a pause in US…

Qatar Islamic Bank Facilitates Baladna Rights Issue Subscriptions via App and Branches

Qatar Islamic Bank said on August 2, 2026, that it enables eligible customers to subscribe to Baladna rights issue through…

Workshop Details Legal Framework for Foreign Partnerships in Qatar

The Ministry of Commerce and Industry and Qatar Development Bank held a workshop on foreign investment and partnerships in Qatari…

Nebras Energy Achieves QR580mn Net Profit as Revenue Rises in First Half

Nebras Energy Q.P.S.C. reported a net profit of QR580mn for the first half of 2026 on August 2, with revenue…

Low Water Levels on Danube and Rhine Slash European Power Output and Freight Volumes

Record low water levels on major European rivers this week have reduced electricity generation at nuclear and hydropower plants while…

Seven OPEC+ Producers Agree to Increase September Output by 188,000 Barrels Daily

OPEC+ announced on Sunday that it will boost September production by 188,000 barrels, completing the unwinding of voluntary cuts implemented…

UAE’s Emirates NBD Acquires HSBC Egypt Retail Banking Unit in Expansion Move

Emirates NBD announced on August 2, 2026, that its Egyptian subsidiary signed definitive agreements to acquire HSBC Egypt's retail banking…

Former Binance Growth Chief Raises $5.5 Million to Launch Bundle From Dubai

Ex-Binance Executive Raises $5.5m for Dubai Startup Bundle | Bundle raised $5.5m from Ethereal Ventures and ADQ-backed Further to launch…

Bahrain Enacts Legislation to Join Global Pact on Industrial Design Classification

Bahrain's accession to the Locarno Agreement entered into force on May 26 2026 under Law No 21 of 2026 aligning…

South Korea and Argentina Seal Lithium Supply Chain Partnership

South Korea and Argentina signed a memorandum of understanding on August 1 2026 to strengthen cooperation on critical minerals with…