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- Bahrain All Share Index, Islamic Index close lower
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- Kuwait Oil Minister Expects Demand Boost after US Rate Cut
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19/09/2025 02:51 AST
Kuwait's Oil Minister Tariq Al-Roumi said on Thursday he anticipated higher oil demand following the recent US interest rate cut, particularly from Asian markets.
The US Federal Reserve, goaded by the risk of rising unemployment, reduced interest rates on Wednesday for the first time since December.
According to Reuters, the minister also expects a positive impact on oil prices if new sanctions are imposed on Russia.
President Donald Trump said on Saturday the US was prepared to impose
fresh energy sanctions on Russia, but only if all NATO nations ceased purchasing Russian oil and implemented similar measures.
"It will most likely have a positive impact on prices," the Kuwaiti oil minister said.
Asharq Al Awsat
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19/09/2025
As the UAE moves forward on its path to becoming a knowledge-based and sustainable economy, Emiratisation plays a vital role than ever before. The government policy implemented to increase Emirati pa
Khaleej Times
19/09/2025
At 10 p.m. in Riyadh, a marketing executive checks her inbox one last time. She has already answered over 100 emails, managed a constant stream of Teams messages, and sat through five back-to-back me
Arab News
19/09/2025
One deal can change everything in real estate, and Tamara Cortan is living proof. A former flight attendant who lost her job during the pandemic, Tamara turned to real estate, a sector that kept movi
Khaleej Times
19/09/2025
Saudi Arabia's ports saw robust growth in 2024, with exports climbing 9.3 percent to 222.4 million tonnes, pushing total cargo volumes to 334.5 million tonnes and reinforcing the Kingdom's expanding
Arab News
19/09/2025
Saudi Arabia's cybersecurity sector added SR18.5 billion ($4.9 billion) to the Kingdom's economy in 2024, marking a 19 percent jump from the previous year, official data showed.
In its late
Arab News
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