Search
Close this search box.

Day: August 1, 2024

Gold Prices Reach Two-week High

Gold prices climbed to a two-week high today 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 earlier…

Bank of England Cuts Interest Rate to 5% in First Drop Since 2020

The United Kingdom’s (UK) interest rates have been cut for the first time in more than four years by the Bank of England amid slowed inflation signs.

The bank reduced rates from 5.25% to 5% following a vote by the Monetary Policy Committee.

“Inflati…

Ooredoo announces its half-year financial results for 2024

Ramallah – Ma’an – Ooredoo Palestine announced its financial disclosure for the first half of 2024 in accordance with the applicable laws and regulations in Palestine. The company’s disclosure statement showed positive performance in various indicator…

Shekel depreciates against dollar and euro

Tel Aviv – Ma’an – The value of the shekel fell against the dollar and the euro, and stock indices declined on the Tel Aviv Stock Exchange, following Israel’s assassination of Hamas political bureau chief Ismail Haniyeh and Hezbollah leader Fuad Shukr…

Earthquakeof 5 MagnitudeHitsIndonesia’s Sulawesi

An earthquake measuring five on the Richter scale hit today the Bone Bolango Regency-Gorontalo area on the Indonesian island of Sulawesi.

The epicenter of the earthquake occurred 73 km southeast of Gorontalo province, at a depth of 129 km, Indonesia …