Trending

Category: Business

FAO Food Price Index dips slightly in August

Rome: The benchmark for world food commodity prices declined marginally in August, as decreases in quotations for sugar, meat and cereals outweighed increases in those for vegetable oils and dairy products, the Food and Agriculture Organisation of the…

Read More »

QNB Expects Further G-7 Fiscal Deterioration

Doha: QNB noted in its weekly note that G-7 countries’ fiscal conditions are set to deteriorate on the back of a high demand for more government spending, high nominal policy rates and the deployment of fiscal-monetary coordination.

QNB said that emb…

Read More »

US Stocks Retreat in Final Session of the Week

Major stock indices on the Wall Street ended the last session of the week sharply lower.

The Dow Jones Industrial Average closed down 410.34 points, or 1 percent, to 40,345.41 points. The broader S and P 500 index lost 94.99 points, or 1.7 percent, t…

Read More »

Kuwait oil down to US$74.64 pb

KUWAIT: The Kuwaiti oil price went down one cent to US$74.64 per barrel on Friday, compared with US$74.65 pb the previous day, said Kuwait Petroleum Corporation (KPC) on Saturday.

According to Kuwait News Agency (KUNA), on a global scale, Brent crude…

Read More »

Jordanian Stocks Close Week Relatively Unchanged

Jordanian stocks were largely flat on the week, with its main stock index closing 0.05 percent higher at 2414 points.

The average daily trading volume on the Amman Stock Exchange during the past week was approximately 2.8 million Jordanian dinars, c…

Read More »