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Muscat Stock Exchange “30” Index Rises by 1.41 Percent

Muscat: Muscat Stock Exchange “30” Index closed on Wednesday at 8,027.52 points, marking an increase of 111.4 points, or 1.41 percent, compared to the previous trading session, which closed at 7,916.08 points.

According to Qatar News Agency, the tot…

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 …