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EU PMI Contracts on the Back of Middle-East War

Brussels: Economic activity in the euro area contracted in April, marking its first decline in 16 months, amid pressures stemming from the war in the Middle East and the resulting rise in energy prices and disruption of global supply chains.

Accord…

Oil Prices Surge Amid Middle East Tensions

Egypt: Oil prices rose on Friday on concerns that renewed Middle East tensions and disruptions in the Strait of Hormuz could tighten global supply. Brent crude futures rose $1.23, or 1.17%, to $106.30 per barrel, while US West Texas Intermediate (WTI)…

US Stocks End Trading Lower After Volatile Session

New york: US stocks closed lower on Thursday after volatile trading, amid anticipation of earnings reports and renewed concerns about disruptions caused by artificial intelligence in the software sector.

According to Qatar News Agency, the Standard …

QSE Index Gains 25.42 Points at Start of Thursday’s Trading

Doha: Qatar Stock Exchange (QSE) index recorded gains of 25.42 points, or 0.24%, at the start of Thursday’s trading, to reach 10,703 points, supported by four sectors.

According to Qatar News Agency, data from QSE showed positive performance in the …