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Month: September 2024

OIC Welcomes UNGA Resolution Demanding End of Israel Occupation

The Organization of Islamic Cooperation (OIC) welcomed a United Nations General Assembly resolution demanding Israel end its unlawful presence and dismantle its illegal settlements in the occupied Palestinian territory within 12 months.

An OIC statem…

GCC Chambers Federation Explores Future Approaches

The Board of Directors of the Federation of GCC Chambers today held the meeting of its 64th session under the chairmanship of Oman Chamber of Commerce and Industry (OCCI).

The meeting was held in Sharjah, the United Arab Emirates (UAE). The meeting d…

Oil Prices Rise After US Interest Rate Cut

Oil prices rose today after a large interest rate cut from the US Federal Reserve, but concerns over global demand lingered and capped gains.

Brent crude futures for November were up 36 cents, or 0.5 percent, to USD 74.01 a barrel, while WTI crude fu…

Gold Holds Gains after US Rate Cut

Gold prices stabilized today after hitting a record high in the previous session after the Federal Reserve decided to cut interest rates significantly.

Spot gold was little changed at $2,562.85 per ounce, after scaling a record high of $2,599.92 on W…