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Day: August 8, 2024

Relatively Hot Conditions Expected Across Kingdom

Amman: Temperatures on Thursday are anticipated to be slightly above the seasonal average. The weather will be relatively hot in most regions, with particularly high temperatures expected in the desert, the Jordan Valley, the Dead Sea, and Aqaba. Clou…

King, Cyprus president discuss current developments in phone call

Amman: His Majesty King Abdullah II, in a phone on Thursday with Cypriot President Nikos Christodoulides, reiterated that ending the war on Gaza is key to preventing regional escalation.

During the call, the two leaders stressed the need to step up i…

EMRC reports JD6.6mln electricity revenues last year

Amman: The Energy and Minerals Regulatory Commission (EMRC)’s revenues from the Kingdom’s electricity sector amounted to JD6.616 million last year, compared to JD5.549 in 2022, according to the commission’s annual report.

According to the report, a t…

European Stocks Achieve Best Performance Since Last November

European stock indices closed higher at the end of Wednesday’s trading, achieving their best performance in more than nine months.

The European Stoxx 600 index ended trading up more than 1 percent in its strongest performance since November 2, thanks…

Mazaya Real Estate Reports QR 75.4 Million Loss in H1 of 2024

Doha: Mazaya Real Estate Development Company announced that it incurred a net loss of QR 75.438 million in the first half of this year, compared to a net profit of QR 14.885 million in the first half of 2023.

The company said in a statement published…

European Stocks Close Slightly Higher

European stocks closed slightly higher at the end of Thursday’s trading .

The Stoxx 600 index ended trading up 0.1 percent after a sharp decline in technology stocks earlier in the day, which led to a decline in the European index by more than 1 perc…

Real Estate Trading Volume Exceeds QR 131 Million in Week

Doha: The volume of real estate trading in sales contracts at the Department of Real Estate Registration at the Ministry of Justice during the period from July 28 to Aug. 1, reached QR 111,956,851, while the total sales contracts for residential units…

Kuwait Oil Price Up to USD 76.75 pb

The price of Kuwaiti oil went up 47 cents to USD 76.75 pb on Wednesday, compared to USD 76.28 pb the day before, said Kuwait Petroleum Corporation (KPC) Thursday, according to Kuwait’s news agency (KUNA).

On a global scale, the price of the Brent cru…

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