Cairo: Hamas announced that its negotiating delegation is heading to Egypt to continue discussions on the second phase of the Gaza ceasefire agreement, Anadolu Ajansi (AA) reported. The delegation will engage with Egyptian officials, mediators from Eg…
Washington: US officials assert that economic sanctions could exert more enduring damage on Iran than military strikes, as highlighted in a recent report by Axios. The report underscores the belief among US officials that economic pressure could be a …
Doha: Oil prices tumbled at the close of trading on Monday, hitting their lowest levels in more than a week. Brent crude futures fell by $8.42, or 8.7%, to settle at $88.36 per barrel, their lowest closing price since July 17. U.S. West Texas Intermed…
Doha: Oil prices tumbled 5% on Tuesday to two-week lows: Brent crude futures tumbled $4.61, or 5.2%, to $83.75 a barrel, while US West Texas Intermediate (WTI) crude tumbled $4.06, or 4.9%, to $78.55.
According to Qatar News Agency, the two benchmar…
Doha: The price of Kuwaiti crude oil declined by USD 6.45 to USD 87.56 per barrel (pb) in Tuesday’s trading, according to figures released by the Kuwait Petroleum Corporation.
According to Qatar News Agency, the price of Kuwaiti crude oil had reach…
Doha: Turkiye and Iraq are seeking to increase bilateral trade to $30 billion in the medium term, with Ankara saying strengthening trade, energy, and transport corridors is a shared priority.
According to Qatar News Agency, Turkish Trade Minister Om…
Doha: South Korean stocks fell more than 10 percent on Tuesday as investors engaged in broad selling of technology shares amid growing doubts over the future of large-scale investment in artificial intelligence infrastructure.
According to Qatar New…
Doha: AM Best has affirmed Qatar General Insurance and Reinsurance Company’s financial strength and its long-term credit rating, with a stable outlook. The credit rating agency confirmed the company’s financial strength rating at B++ (Good) and its lo…
Doha: European stock indexes opened higher on Tuesday despite a sell-off in semiconductor stocks, while investors continued to monitor energy price movements and await corporate earnings results. Among the major European markets, France’s CAC 40 index…
Doha: Vodafone Qatar reported a 22% increase in net profit for the first half of the year, driven by higher service revenue and steady subscriber growth. The company posted a net profit of QAR 400.91 million ($110 million), up from QAR 328.62 million …