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Gold Hits Fresh Record High on US Rate-Cut Hopes

Doha: Gold surged to set a fresh record high on Monday, buoyed by investors’ heightened expectations of a dovish rate-cut path, ahead of remarks by multiple Federal Reserve officials and key inflation data later in the week. Spot gold rose 0.9% to $3,…

Kuwait Bourse Sees Positive Gains Across Indices

Kuwait city: Kuwait Bourse closed trading on Monday as the All Share Index gained 14.06 points to reach 8,808.80 points, an increase of 0.16 percent.

According to Qatar News Agency, as many as 556.6 million shares valued at KWD 100.8 million (roughl…

West Bay Waterfront Project Advances with RFP Stage 1

Doha: Qatar Tourism, in partnership with the Public Works Authority (Ashghal), announced the launch of the Request for Proposals (RFP) – Stage 1 for the West Bay Beaches and Al Safliya Island Development Project. Issued under a Public Private Partners…

European Stocks Steady as Tech Sector Rises

London: There was no significant change in European stocks on Monday, as automotive company losses erased technology stock gains, while investors await remarks from several Federal Reserve officials (US central bank) later today. The European STOXX 60…