Baghdad: Escalating regional tensions in the Middle East are weakening the Iraqi economy, which still relies almost entirely on oil revenues to finance public spending.
According to Qatar News Agency, despite Iraq possessing one of the world’s large…
Doha: Gold prices fell on Wednesday, pressured by a stronger dollar and rising bond yields, hitting their lowest level in more than a week. Spot gold fell 2 percent to $4,724.31 an ounce, while U.S. gold futures for June delivery dropped 1.8 percent t…
Geneva: European stocks edged slightly higher on Tuesday after losses in the previous session, amid cautious optimism among investors, supported by reports that peace negotiations in West Asia are still ongoing as the deadline for a ceasefire between …
Geneva: Oil prices jumped 5 percent on Wednesday amid fears of renewed escalation in the region, following statements by US President Donald Trump that he would not like to extend the ceasefire with Iran. Brent crude futures rose $4.30, or 4.5 percent…