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Day: May 5, 2026

Oil Prices Jump 6 Percent at Settlement Amid Regional Escalation

Doha: Oil prices surged about 6 percent on Monday, driven by escalating tensions in the Middle East. Brent crude futures rose by $6.27, or 5.8 percent, to settle at $114.44 a barrel. U.S. West Texas Intermediate crude gained $4.48, or 4.4 percent, to …

European Stocks Close Higher as Lower Oil Prices Boost Stocks

Doha: European stocks closed broadly higher, buoyed by lower oil prices. The Stoxx 600, which represents 600 of the largest publicly traded European companies, rose 0.7 percent. The increase was broad-based across many industries. France’s CAC 40 inde…

QNB Group Initiates Payment Card Services in Syria

Doha: Qatar National Bank (QNB) Group, a Qatari public shareholding company, has announced the introduction of payment card acceptance services and digital payment solutions in Syria. This move follows a recent decision by the Central Bank of Syria ai…

Kuwait Oil Price Rises $7.11 to $119.43

Kuwait city: Price of Kuwaiti oil rose by $7.11 to reach $119.43 per barrel (pb) in Monday’s trading, compared to $112.32 pb in last Thursday’s trading, according to the Kuwait Petroleum Corporation (KPC) on Tuesday.

According to Qatar News Agency, …

Muscat Stock Exchange Closes Lower with Slight Index Decrease

Muscat: Muscat Stock Exchange (MSX) “30” index closed on Tuesday at 8,391.67 points, marking a decrease of 6 points, or 0.07 percent, compared to the last trading session, which closed at 8,397.65 points.

According to Qatar News Agency, the total tr…

Exchange Rates in Qatar Show Stability Across Various Currencies

Doha: The exchange rates in Qatar have shown a measure of stability across multiple currencies, according to the latest data. A detailed review of the buying and selling rates of several international currencies and precious metals highlights the curr…

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