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Qatar’s PPI Surges %1.03 in February

Doha: The Producer Price Index (PPI) of the Industrial sector recorded 114.39 points for February, an increase of 1.03 percent compared to the previous month and a decrease of 8.6 percent compared to February 2023.

Planning and Statistics Authority (…

Dollar Steady as Inflation Data Boosts June Rate Cut Bets

Singapore, The dollar was broadly steady on Monday as data showing easing US prices bolstered bets that the Federal Reserve could cut interest rates in June, while the yen loitered near 152 per dollar keeping traders on edge on the threat of intervent…

Iraq: 52 Oil Wells Drilled, Reclaimed in Q1 2024

Baghdad, The Iraqi Ministry of Oil announced that it has succeeded in drilling and reclaiming 52 oil wells during the first quarter of 2024.

Director General of the Iraqi Drilling Company of the Ministry of Oil, Khalid Hamza Abbas stated that the com…