Category: Industry

Oil prices inched up in early trading on Friday as investors weighed a big withdrawal from US crude inventories and a delay to production hikes by OPEC+ producers.

Brent crude futures rose 19 cents to $72.88.

US West Texas Intermediate crude future…

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…

US stocks closed mostly lower on Thursday.

The Dow Jones Industrial Average fell 222.05 points, or 0.54%, ending at 40,752.92.

The S and P 500 shed 16.39 points, or 0.30%, closing at 5,503.68. It marked a third straight day of losses.

The Nasdaq C…

HE Minister of Finance Ali bin Ahmed Al Kuwari met with HE Governor of the Central Bank of the Arab Republic of Egypt (CBE) Hassan Abdullah on the sidelines of his participation in the ministerial meeting of the Arab Economic and Social Council in its…

The Secretary General of the International Chamber of Commerce in the Republic Finland (ICC Finland) Paivi Pohjanheimo confirmed that the visit of HH the Amir Sheikh Tamim bin Hamad Al-Thani to the Republic of Finland marks the beginning of a new phas…

Oil prices rose nearly 1% on Thursday, amid a larger-than-expected drawdown in US inventories and OPEC+ delaying an output increase.

Brent crude futures rose 89 cents, or 1.2%, to $73.59 a barrel, while US West Texas Intermediate (WTI) crude futures …

HE Minister of Finance Ali bin Ahmed Al Kuwari met with HE Minister of Trade and Export Development of the Republic of Tunisia Samir Abid. On the sidelines of his participation in the Ministerial Meeting of the Economic and Social Council in its regul…

Gold prices rose on Monday after recent data boosted bets on a major US interest rate cut this month.

Spot gold rose 0.5 percent to USD 2,506 an ounce, while US gold futures rose 0.4 percent to USD 2,536.10.

Among other precious metals, spot silver …