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Saudi Stock Market Index Closes Lower Amid Broad Sell-Off

Riyadh: Saudi stock market’s main index closed today down by 87.75 points, settling at 11,811.11 points, with a total trading value of 7 billion Saudi riyals. The total number of traded shares reached 256 million, with 47 companies recording gains, wh…

Gold Price in Qatari Market Rises by 1.92% This Week

Doha: The price of gold in the Qatari market rose by 1.92 percent during the current week, reaching USD 2,920.32 per ounce, according to data issued by Qatar National Bank (QNB).

According to Qatar News Agency, the data showed that the price of gold…

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…