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QCB’s August 2024 Foreign Currency Reserves Up by Four Percent

Doha: Qatar Central Bank (QCB)’s international reserves and foreign currency liquidity recorded QR 252.3 billion in August 2024, a four-percent Y-o-Y rise.

The data released by the QCB on Monday unveiled a 5.2-percent increase in official reserves at…

Qatar to Host Arab Banking Conference 2024

Doha: September 08 – The State of Qatar is set to host the Arab Banking Conference 2024, organized by the Union of Arab Banks, on September 10 and 11. The event, themed “Sustainable Development Requirements and the Role of Banks,” will take place unde…

Oil Prices Jump $1 on Post Selloff Recovery

Oil futures jumped by a dollar in early trading on Monday as markets recovered from a selloff following weaker-than-expected US jobs data on Friday.

West Texas Intermediate crude futures rose $1, or 1.48%, to $68.67 a barrel.

Brent crude futures we…

Gold Slips Below $2,500 Mark

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…