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WB Predicts Energy Prices to Rise by 24 Percent This Year

Khartoum: The World Bank (WB) predicted Tuesday that energy prices will rise by 24 percent this year, reaching their highest levels since the start of the war in Ukraine four years ago. In its latest report on commodity market prospects, the World Ban…

Saudi Main Index Closes Higher While Nomu Market Declines

Riyadh: The main index of the Saudi stock market ended higher on Tuesday, gaining 11.44 points to close at 11,179.95 points, with total trading value reaching SAR 5.3 billion.

According to Qatar News Agency, 328 million shares were traded during the…

Gold Prices Slide Amid Inflation Fears

Doha: Gold and silver prices declined at the close of trading on Monday, as inflation concerns intensified amid a stalemate in the diplomatic track between Iran and the United States. Gold futures for June delivery fell 1 percent, or $47.20, to settle…