Doha: The Saudi Central Bank reduced its interest rate by 25 basis points to 4.25 percent, and lowered the reverse repo rate to 3.75 percent.

According to Qatar News Agency, the Bank stated that the decision aligns with global economic developments…

Doha: Gold prices slipped on Wednesday as the dollar firmed following stronger-than-expected US payrolls data, putting pressure on bullion ahead of the Federal Reserve meeting, where a rate cut is widely expected. Spot gold fell 0.1% to $4,207.39 per …

Doha: Oil Prices Fall 1 Percent at Settlement: Oil prices slipped by 1 percent at the close of trading on Tuesday. Brent crude futures fell 55 cents, or 0.88 percent, to settle at $61.94 a barrel. US West Texas Intermediate (WTI) crude declined 63 cen…

Beijing: China’s annual consumer inflation accelerated to a 21-month peak in November, mainly driven by food prices.

According to Qatar News Agency, data from the National Bureau of Statistics (NBS) show the consumer price index (CPI), a main gauge…