Oil prices edged higher on Thursday for the third straight session after government data showed a steep draw in US crude stockpiles, rebounding from multi-month lows this week.

Brent crude futures rose 23 cents, or 0.3%, at $78.56 a barrel, while US …

Doha: The general index of Qatar Stock Exchange (QSE) dropped 1.10 points, or 0.01%, at the beginning of trading on Thursday, reaching 10,075 points, compared to yesterday’s closing.

QSE general index showed a positive performance in Insurance by 1.4…

China’s foreign exchange reserves totaled 3.2564 trillion US dollars as of the end of July, up by 34 billion dollars, or 1.06 percent compared to the end of June, the latest data showed.

The State Administration of Foreign Exchange said in a statemen…

Doha: Zad Holding Co. reported first half results that saw net profit rise 3.45 percent year-over-year from QR 90,018,362 last year to QR 93,126,896 this year.

Earnings per share (EPS) amounted to QR 0.32 as of Jun. 30 of 2024, compared to QR 0.31 fo…

Scientists at the Russian Novosibirsk State University have developed a new generation of small satellites.

The Russian news agency TASS quoted Mikhail Fedoruk, the university’s president, as saying today that “scientists at the Advanced Engineering …

Doha: The Qatar Stock Exchange (QSE) closed lower on Thursday with the index losing 23.8 points, or 0.24 percent, to reach 10,053.01 points.

During the session, 89,721,207 shares were traded, with a total value of QR 239,244,399.546, in 10,933 transa…

Gold prices rose amid optimism about a cut in US interest rates, while traders are awaiting economic data for clues on the path that the Federal Reserve (the US central bank) will follow.

Safe-haven spot gold rose 0.3 percent to $2,389.42 an ounce, w…

Doha: Gold prices in the Qatari market fell by 2.06 percent during the current week, reaching USD 2,393.24000 per ounce, according to the data issued by Qatar National Bank (QNB).

Comparing these data showed that the price of an ounce of gold fell fr…

Doha: Qatar Insurance Company (QIC) announced the completion of the strategic restructuring of its motor insurance operations in the United Kingdom.

The group indicated that this new structure is in line with its strategy to organize the subscription…

Oman oil price (October delivery 2024) reached USD 76.27 pb, comprising a rise by 48 cents compared to the price of yesterday (Wednesday), which stood at USD 75.49 pb.

The average price of Oman oil (August delivery 2024) has stabilized at USD 82.50 p…