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August 1, 2024

Gold Hits Two-week High after Fed Chief’s Rate Statements

Gold prices climbed to a two-week high on Thursday as US Federal Reserve Chair Jerome Powell opened the door to cutting interest rates as early as September.

Spot gold was steady at $2,448.38 per ounce, after hitting its highest level since July 18 e…

QEWC Completes Its Restructuring Process

Doha: Qatar Electricity and Water Company (QEWC) announced that it has successfully completed its restructuring process.

A statement by the QEWC Thursday said that it has begun managing all commercial, administrative and technical affairs of Nebras P…

30 Dead After Typhoon-Induced Rains In Central China

At least 30 people have been killed by heavy rains from Typhoon Gaemi in central China.

Local authorities said that the Zixing area, about 1,500 kilometers southwest of the capital Beijing, witnessed record rainfall over the weekend, killing 30 peopl…