European stocks scaled to their highest levels in more than a week on Tuesday, driven by the technology sector.

The pan-European STOXX 600 index (.STOXX), opens new tab was up 0.6%, boosted by a nearly 2% jump in technology stocks.

The tech sector a…

Doha: The Qatar Chamber (QC) discussed with a delegation of Jordanian manufacturers ways to promote bilateral cooperation relations, available industrial opportunities, and the partnership between the private sectors of both countries.

This came in a…

Doha: United Development Company’s (UDC) announced its financial results for the first quarter of 2024, reporting net profit of QR 76 million in comparison to net profit QR 88 million for the same period of the previous year, a decrease of 13.6%.

UDC…

Doha: Qatar Stock Exchange (QSE) general index closed at 9,665.88 points on Wednesday, 45.14 points (0.46 percent) down from its previous closing.

A trading volume of 172,240,696 shares was registered in 17,214 transactions in all sectors, with a tot…

HE Minister of Finance Ali bin Ahmed Al Kuwari met here today with Chairperson, CEO and Co-Founder of Blackstone Group, a leading asset management firm, Stephan Schwarzman.

During the meeting, they discussed key financial and investment developments,…

Oman oil price (June delivery 2024) on Tuesday reached $88.68, comprising a rise by $1.84 compared to Monday’s price which stood at $86.84.

The average price of Oman oil (April delivery 2024) stabilized at $80.85 per barrel, thus $2.10 per barrel hig…

Doha: The net profits of Salam International Q.P.S.C. in the first quarter of 2024 amounted to QR 11,331,712 million, an increase of 36 percent compared to a net profit of QR 8,377,065 for the same period of the previous year.

According to data issue…

Doha: Qatar Financial Markets Authority (QFMA) hosted on Wednesday the 18th annual meeting of the Union of Arab Securities Authorities (UASA) Board.

The meeting, which was organized by QFMA in cooperation with UASA, witnessed the participation of the…

Khalid Al Homoud, a member of the Board of Directors of the Capital Market Authority of the Kingdom of Saudi Arabia and outgoing President of the UASA, presented the 2023 UASA annual report during the opening session of the Union’s meeting. In his pre…

Doha: HE Governor of Qatar Central Bank Sheikh Bandar bin Mohammed bin Saoud Al-Thani met on Wednesday with Alibaba Group Co-Founder and Chairman Joseph Tsai.

During the meeting, they reviewed the latest global investment and financial developments.
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Doha: Qatar Central Bank has issued “Digital Insurer” regulations defining the regulatory framework for Digital Insurer activities in the country.

The regulations are in line with the Third Financial Sector Strategy, the Fintech Strategy, and Qatar C…

Doha: Old Doha Port has announced a strategic partnership with a number of marinas in Qatar, with the aim of enhancing cooperation to provide comprehensive solutions and exclusive services to boat and yacht owners.

The most prominent marinas included…

The UAE and Oman signed Tuesday several multi-field agreements, memorandums of understanding and investment partnerships worth AED 129 billion ($35.12 billion).

The signing was done during the UAE-Oman Business Forum, on the sidelines of Sultan Haith…

Kuwait crude oil went up by $1.95 during Tuesday’s trading to reach $89.12 per barrel compared with $87.17 pb the day before, Kuwait Petroleum Corporation (KPC) said Wednesday.

Benchmark Brent futures increased by $1.42 to $88.42 pb, and West Texas I…

Doha: The general index of Qatar Stock Exchange (QSE) rose 17.65 points, or 0.18%, at the beginning of trading on Wednesday, reaching the level of 9,728.97 points, compared to yesterday’s closing.

The general index was supported by a rise in five sec…

New York: HE Minister of Finance Ali bin Ahmed Al Kuwari met in New York with Chairman and Chief Executive Officer of Global Infrastructure Partners (GIP) Adebayo Ogunlesi.

HE the Minister of Finance also met with Executive Chairman of Morgan Stanley…

New York: HE Minister of Finance Ali bin Ahmed Al Kuwari held a bilateral meeting with President and Chief Executive Officer of Bank of New York Mellon Robin Vince, on the sidelines of his visit to the United States of America.

At the meeting, a dive…

Singapore, Gold prices fell on Tuesday to their lowest levels in more than two weeks on easing concerns of an escalation in the Middle East crisis.

Spot gold was down nearly 1% at $2,304.99 per ounce. US gold futures fell 1.2% to $2,318.80.

Among ot…

New York: HE Minister of Finance Ali bin Ahmed Al Kuwari held a meeting with HE President of Economic and Social Council of the UN Paula Narvaez .This was during his last visit to the friendly United States of America.

During the meeting, a wide rang…

Doha: The general index of Qatar Stock Exchange (QSE) rose 47.10 points, or 0.49%, at the beginning of trading on Tuesday, reaching the level of 9,711.96 points, compared to yesterday’s closing.

The general index was supported by a rise in four secto…

Doha: The net profit of Ahli Bank, a Qatari public shareholding company, increased by about QR 13.5 million for the first quarter of 2024, reaching a net profit of QR 218.064 million compared to a net profit of QR 204.596 million for the same period l…

Washington, HE Minister of Finance Ali bin Ahmed Al Kuwari met in Washington with CEO of JPMorgan Chase Jamie Dimon.

The meeting discussed aspects of cooperation between the two countries and the prospects for strengthening and developing them, espec…

Doha: HE Chairman of the Real Estate Regulatory Authority Eng. Khalid bin Ahmed Al Obaidli met on Tuesday with HE Ambassador of the Republic of Singapore to the State of Qatar Wong Chow Ming.

The meeting discussed aspects of bilateral relations betwe…

New York: HE Minister of Finance Ali bin Ahmed Al Kuwari participated in the 4th annual United Nations (UN) Economic and Social Council (ECOSOC) Forum on Financing for Development (FfD) in a session titled “The Road to FfD” which was held at the UN he…

Doha: Gulf Warehousing Company’s net profit for the three-month period ending March 31, 2024 decreased by 17 percent to QR 50.9 million in comparison to net profit QR 61.5 million for the same period of the previous year.

The company’s financial stat…