Gold Rises on Growing Geopolitical Concerns

London, Gold prices rose on Tuesday, not too far away from a record high hit last week, as rising geopolitical tensions propped up demand for the safe-haven metal.

Spot gold was up 0.2% at $2,387.11 per ounce, after hitting an all-time high of $2,431…

Finance Minister hails the role of the private sector in spurring economic growth

The private sector plays a pivotal role in supporting development and spurring growth, said Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa.

He underscored the importance of building on achievements within the common GCC m…

Germany to Invest Deutsche Telekom Proceeds in Rail Network

Berlin, Germany’s state-owned investment bank KfW sold 110 million shares in telecommunications firm Deutsche Telekom on Monday, the German Finance Ministry said, stating the sale will benefit the country’s rail network.

“The federal government will …

Producer Price Index of Industrial Sector Increase 2.39% in May

Doha: The Producer Price Index (PPI) of the State’s Industrial sector for May 2024 is estimated at 115.03 points showing an increase of 2.39%, when compared to the previous month April 2024. On Y-o-Y basis, PPI of May 2024 showed an increase of 2.24%,…

France key trading partner to Arab region – BCCI Chairman

Sameer Abdulla Nass, Bahrain Chamber of Commerce and Industry (BCCI)’s Chairman and General Union of Chambers of Commerce, Industry and Agriculture (Union of Arab Chambers) President, participated in the French-Arab Chamber of Commerce (CCFA) meeting …

Gold Rises on Fed Rate Cut Hopes

Gold prices ticked higher on Monday, as expectations that the Federal Reserve will start cutting interest rates later in the year and tensions in the Middle East lifted bullions appeal.

Spot gold rose 0.3% to $2,309.24 per ounce. US gold futures gain…