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Day: August 16, 2024

Dollar Rises against Yen on Firm US Economic Data

The dollar hovered not far from a two-week high to the yen on Friday after its biggest one-day gain against major peers in four weeks as firm US economic data all but eliminated fears of a recession.

The greenback had been given an extra boost agains…

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Mauritanian Prime Minister Meets Qatari Ambassador

HE Prime Minister of the Islamic Republic of Mauritania Mokhtar Ould Ajay met on Friday HE Ambassador of the State of Qatar to Mauritania Shaheen bin Ali Al Kaabi.

During the meeting, they discussed cooperation relations between the two countries, an…

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Mauritanian Prime Minister Meets Qatari Ambassador

HE Prime Minister of the Islamic Republic of Mauritania Mokhtar Ould Ajay met on Friday HE Ambassador of the State of Qatar to Mauritania Shaheen bin Ali Al Kaabi.

During the meeting, they discussed cooperation relations between the two countries, an…

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Kuwait Oil Price Down 56 Cents

The price of Kuwaiti oil went down 56 cents to reach $79.92 per barrel on Thursday, compared to $80.48 pb the day before, according to Kuwait Petroleum Corporation (KPC) on Friday.

On the global scale, the Brent crude futures’ contracts went up $1.28…

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Industrial Production Index Rises 2.5% in June MoM

Doha: The Industrial Production index (IPI) for June 2024 reached 96.1 point, increased by 2.5 percent compared to the previous month (May 2024), and decreased by 7.5 percent, when compared to the corresponding month in 2023.

This index measures the …

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