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Gold Prices Rise Amid Optimism About US Interest Rate Cut

Gold prices rose amid optimism about a cut in US interest rates, while traders are awaiting economic data for clues on the path that the Federal Reserve (the US central bank) will follow.

Safe-haven spot gold rose 0.3 percent to $2,389.42 an ounce, w…

Qatar Stock Exchange Closes Lower

Doha: The Qatar Stock Exchange (QSE) closed lower on Thursday with the index losing 23.8 points, or 0.24 percent, to reach 10,053.01 points.

During the session, 89,721,207 shares were traded, with a total value of QR 239,244,399.546, in 10,933 transa…

Russian Scientists Develop New Generation of Small Satellites

Scientists at the Russian Novosibirsk State University have developed a new generation of small satellites.

The Russian news agency TASS quoted Mikhail Fedoruk, the university’s president, as saying today that “scientists at the Advanced Engineering …

Zad Holding’s Profits Rise 3.45% in H1 of 2024

Doha: Zad Holding Co. reported first half results that saw net profit rise 3.45 percent year-over-year from QR 90,018,362 last year to QR 93,126,896 this year.

Earnings per share (EPS) amounted to QR 0.32 as of Jun. 30 of 2024, compared to QR 0.31 fo…