Category: Business

Bethlehem – Ma’an – Gold prices rose to their highest level after the US Federal Reserve cut interest rates by about half a percentage point.

Spot gold rose 0.9% to $2,592.39 an ounce, while US gold futures rose 0.2% to $2,598.60 at settlement.

Sou…

The Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, said the mortgage rates have been sliding down towards a record low since the start of the last year thanks to improvement of economy and low interest rates.

“Mortgage rates …

Oil prices rose on Thursday after a large interest rate cut from the US Federal Reserve, but concerns over global demand lingered and capped gains.

Brent crude futures for November were up 36 cents, or 0.5 percent, to USD 74.01 a barrel, while WTI cr…

MONTREAL: Airports Council International (ACI) World today announces the release of its highly anticipated 2024 Annual World Airport Traffic Report, projecting 10 percent growth for passenger traffic in 2024 to reach 9.5 billion.

Drawing data from ov…

Oil prices slipped on Wednesday following a US Federal Reserve announcement to slash interest rates by 50 basis points.

Brent crude futures for November delivery fell five cents to $73.65 a barrel, while US crude futures for October delivery fell 28 …

The Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, said the mortgage rates have been sliding down towards a record low since the start of the last year thanks to improvement of economy and low interest rates.

“Mortgage rates …

– The Iraqi Ministry of Oil announced on Wednesday that during the next five years, Iraq will be self-sufficient and will be a source of gas.

The ministry unveiled a number of projects under implementation in the exploration and production sectors, i…

– Qatar Chamber (QC) participated in the 64th meeting of the Federation of GCC Chambers (FGCC Chambers), which was held on Thursday at the headquarters of the Sharjah Chamber of Commerce and Industry, UAE.

QC’s delegation included HE QCs Chairman She…