The Industrial Production Index (IPI) in the Kingdom of Saudi Arabia rose by 1.6% for the month of July compared to the same month in 2023.

Data issued by the General Authority for Statistics (GASTAT) explained that the July industrial production ind…

Gold prices fell Tuesday as the dollar rose, as traders await key US inflation data, which could indicate the size of the US interest rate cut next week.

Spot gold fell 0.1% to $2,503.09 per ounce, while US gold futures were steady at $2,532.20.

The…

Gold prices remained steady on Monday and was trading slightly below the key $2,500 an ounce level, as the market awaited August inflation data for further insights into the anticipated Federal Reserve interest rate cut this month.

Spot gold was nea…

Oman Central Bank (OCB) has announced that the total value of government treasury bills allocated for this week amounted to OR 30 million.

The bank explained in a statement Monday, that the value of the bills allocated for a maturity period of 28 da…