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July 6, 2024

Pezeshkian Wins Iran’s Presidential Elections

Masoud Pezeshkian won the run-off of the Iranian presidential elections, securing about 55 percent of the votes.

Pezeshkian won the second round with 16,384,403 votes, while Saeed Jalili received 13,538,179 votes, after counting 30,530,157 votes from…

Oman’s GDP Rises in Q1 of 2024

The Gross Domestic Product (GDP) at current prices for the Sultanate of Oman at the end of the first quarter of 2024 recorded an increase of 0.8 percent, reaching OR 10.442 billion, compared to the same period in 2023, which amounted to OR 10.362 bill…

Kuwaiti Oil Rises 85 Cents

The price of a barrel of Kuwaiti oil rose 85 cents to reach $89.52 per barrel in weekend trading, compared to $88.67 in the previous days trading, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude fu…