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ECB Cuts Interest Rates to 2.5 Percent

Doha: The European Central Bank (ECB) has decided to cut interest rates by 25 basis points, bringing the interest rate to 2.5 percent. The ECB explained, in a statement Thursday, that interest rates are still hindering growth despite their decline com…

Jordan’s 2024 Unemployment Rate Declines to 21.4%

Doha: The unemployment rate in Jordan decreased last year by 0.6 percentage points compared to 2023, recording 21.4 percent. According to the annual unemployment rate report issued by the Jordanian Department of Statistics today, the unemployment rate…

Gold Steady as Investors Await US Payrolls Data

Doha: Gold prices were little changed on Thursday, as investors awaited US non-farm payrolls data to assess the Federal Reserve’s interest rate trajectory. Spot gold was steady at US$2,917.90 an ounce, while US gold futures edged up 0.1% to US$2,927.4…