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Gold Gains as Dollar Weakens, Rate Hike Fears Ease

Doha: Gold rose more than 2% on Wednesday, buoyed by a softer dollar, while a drop in oil prices eased concerns about elevated inflation and higher global interest rates, amid reports of a US plan to end the Middle East war. Spot gold rose 2.1% to $4,…

Turkiye Warns Middle East Tensions Could Impact Global Economy

Ankara: Turkish Minister of Energy Alparslan Bayraktar has warned that the ongoing geopolitical crisis in the Middle East could escalate to a level affecting the global economy. Speaking to the press on Wednesday, Bayraktar described the current tensi…

European Stocks Surge Amid Middle East Peace Hopes

Doha: European stock markets opened trading higher on Wednesday, driven by hopes of reaching a resolution to the war in the Middle East, following US statements pointing to a peace plan. The pan-European Stoxx 600 index opened up by about 0.3% at the …