Gold extended declines today:old extended declines today, hitting its lowest in nearly two weeks after US Federal Reserve Chair Kevin Warsh signaled that interest rate hikes may be needed to contain inflation. Spot gold fell 0.8% to $4,417.04 per ounc…
Business
Cooperation Agreement Inked to Implement “Riyada Plus” Programme
Muscat: The Authority for Small and Medium Enterprises Development (Riyada) has signed a cooperation agreement with Namaa Electricity Supply Company to implement the “Riyada Plus” programme. This initiative aims to provide supportive solutions and ben…
European Stocks Open Mixed as Oil Prices Rise and US Federal Reserve Signals on Inflation
European stock indices opened today’s trading with mixed performance:uropean stock indices opened today’s trading with mixed performance, amid rising oil prices and the return of hawkish rhetoric from the US Federal Reserve regarding inflation. In the…