Doha: Qatar National Bank (QNB) expects that the European Central Bank will implement two additional interest rate cuts, by 25 basis points, during the current year, as it continues to closely monitor price developments and labor market activity.
QNB…
The Ministry of Oil announced Iraq’s commitment to the OPEC agreement and to the voluntary cuts.
The ministry stated in a statement, ‘With reference to the estimates of secondary sources regarding an increase in Iraq’s production beyond the quota sti…
Prime Minister, Muhammad Shiaa Al-Sudani confirmed that Iraq is witnessing rapid growth and a stage of recovery and has many investment opportunities.
Al-Sudani’s media office stated, ‘Today, Saturday, Prime Minister Muhammad Shiaa al-Sudani received…
European stock indices rose on Friday at the close and achieved their second weekly gain in a row thanks to strong business results and optimism among investors regarding an interest rate cut in the US next September.
The European Stoxx
Data from the French National Institute of Statistics and Economic Studies (INSEE) showed today that the inflation rate in the country retreated to 2.2 percent on an annual basis last June.
The institute’s data attributed this slight slowdown to weak…
