June 12, 2024

Gold Dips on Firmer Dollar

Gold prices edged lower on Wednesday, weighed down by a stronger US dollar, as investors awaited key US inflation data and the Federal Reserves updated interest rate projections due later in the day.

Spot gold was down 0.2% at $2,311.80 per ounce. US…

Mazaya Exits Its Properties Outside Qatar

Doha: Mazaya Real Estate Development company, Qatari Public Shareholding Company, announced Wednesday that it has exited all its properties outside the State of Qatar.

Mazaya announced the sale of land located in Dubai Island area – Dubai, with a tot…

Qatar Central Bank Unveils ESG Strategy for Financial Sector

Doha: Qatar Central Bank (QCB) unveiled Wednesday its Environmental, Social, and Corporate Governance (ESG) and Sustainability Strategy for the financial sector, in line with the Third Financial Sector Strategic Plan and as part of Qatar National Visi…

European Stocks Close Higher

European stocks closed higher at the end of Thursday’s trading.

The Stoxx 600 index closed up 0.8 percent after a two-day decline, while stock markets in most major markets including France and Italy headed higher.

The German DAX index ended tradin…

QCB Keeps Interest Rates Unchanged

Doha: Qatar Central Bank (QCB) has maintained the current interest rates for deposit (QCBDR), lending (QCBLR) and repo (QCBRR), according to a QCB statement on X on Wednesday.

The statement said that the interest rates would remain as follows: QCBDR …

One Person Killed in Israeli Raid on Southern Lebanon

A person was killed Tuesday in an Israeli raid on southern Lebanon.

Israeli drones carried out a raid on the town of Naqoura, which led to the death of a Lebanese citizen, Lebanese field sources said.

The Israeli drones targeted the towns of Kafra, …