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Day: July 4, 2024

Saudi Stock Exchange Closes Higher

The Saudi Stock Exchange main index on Monday closed at 11,718.17 points, 29.56 points up from the previous closing.

As many as 212 million shares were traded with a trading value of SAR 5.5 billion.

The shares of 79 companies rose while 147 others …

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Kuwait Oil Price Declines 43 Cents

The price of Kuwaiti oil went down 43 cents to reach USD 88.46 per barrel on Wednesday as opposed to USD 88.89 last Tuesday, the Kuwait Petroleum Corporation (KPC) said on Thursday.

On a global scale, the price of the Brent crude futures’ contracts w…

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Gold Inches Up After Weak US Data

Gold prices drifted higher on Thursday after softer-than-expected US economic data fuelled hopes that the Federal Reserve could cut interest rates as soon as September.

Spot gold was up 0.3% at $2,362.10 per ounce, after hitting a near two-week high …

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9 Killed Due to Hurricane Beryl in Jamaica

Hurricane Beryl swept through Jamaica, uprooting trees and roofs and destroying farms after it passed through the Caribbean islands.

The number of deaths as a result of the powerful Category 4 hurricane rose to at least nine people, but it is expecte…

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9 Killed Due to Hurricane Beryl in Jamaica

Hurricane Beryl swept through Jamaica, uprooting trees and roofs and destroying farms after it passed through the Caribbean islands.

The number of deaths as a result of the powerful Category 4 hurricane rose to at least nine people, but it is expecte…

Read More »