Category: BUSINESS

GCC, Indonesia Sign Joint Statement to Launch Negotiations on FTA

Secretary-General of the Gulf Cooperation Council (GCC) Jassim Mohammad Al Budaiwi and Indonesia’s Minister of Trade Dr. Zulkifli Hasan signed the joint statement to launch negotiations on the Indonesia-GCC Free Trade Agreement (I-GCC FTA).

Both side…

Tokyo Stocks Tumble as Yen Rises Against Dollar

Tokyo stocks tumbled Thursday at the close of trading Thursday, as key sectors including real estate and exporting companies declined, amid a rise in the value of the yen against the dollar.

The 225-issue Nikkei Stock Average ended down 975.49 points…

Yen Rises, Dollar Falls as Federal Reserve Signals Rate Cut

The US dollar declined today after the Federal Reserve (US Central Bank) kept the door open for a rate cut in September, helping stabilize the yen near its highest level since March following the Bank of Japan’s shift towards a tightening policy The y…

Gold Hits Two-week High after Fed Chief’s Rate Statements

Gold prices climbed to a two-week high on Thursday as US Federal Reserve Chair Jerome Powell opened the door to cutting interest rates as early as September.

Spot gold was steady at $2,448.38 per ounce, after hitting its highest level since July 18 e…

Oil prices jump nearly 3 % as US inventories fall

Oil futures jumped about three percent amid investor concerns about the expansion of the conflict in the Middle East, and after a sharp decline in US crude inventories.

Brent crude futures for September delivery rose $2.09 per barrel, or 2.66 %, to $…

Former Colleague Abdel-Ati Al-Sunni Passes Away

Accra:LANA The Libyan News Agency (LANA) is mourning the loss of Abdel-Ati Al-Sunni, a former colleague who died on Friday after battling illness.

According to Libyan News Agency, Al-Sunni served in various departments throughout his career at LANA,…

Former Colleague Abdel-Ati Al-Sunni Passes Away

Accra:LANA The Libyan News Agency (LANA) is mourning the loss of Abdel-Ati Al-Sunni, a former colleague who died on Friday after battling illness.

According to Libyan News Agency, Al-Sunni served in various departments throughout his career at LANA,…