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Category: Business

Muscat Financial Sector Index Hits 18-Year High

Muscat: The Financial Sector Index of the Muscat Stock Exchange (MSX) recorded its best level in 18 years last week, closing the weekly trading session at 13,383 points.

According to Qatar News Agency, the sector index rose to 13,000 points last Ap…

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Kuwaiti Oil Price Rises $2.88 to $87.44 a Barrel

Kuwait city: The price of Kuwaiti oil experienced a rise of $2.88, reaching $87.44 a barrel during Friday’s trading session. This increase is notable compared to Thursday’s price of $84.56 a barrel, as announced by the Kuwait Petroleum Corporation (KP…

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QNB Analyzes Potential End of ECB’s Tightening Cycle

Gaza city: Qatar National Bank (QNB): The need for further monetary policy tightening by the European Central Bank (ECB) is expected to diminish, as the risks of energy price shocks spilling over into inflation have eased, the growth outlook for the E…

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