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Day: July 29, 2026

Mekdam Holding’s Net Profit Falls 35% in First Half of 2026

Doha: Qatar-based Mekdam Holding (QPSC) reported a 35.09% decline in net profit for the first half of 2026, with earnings falling to QR12.204 million from QR18.804 million in the same period last year.

According to Qatar News Agency, data published …

Qatar Demonstrates Labor Market Efficiency, Tops Global Ranking

Doha: The State of Qatar has achieved a new global milestone by ranking 2nd in the labor market index according to the 2026 IMD World Competitiveness Yearbook. The rank reflects the strength of the national economy, the efficiency of the labor market,…

European Stocks Open Higher Amid Investor Anticipation

Doha: European stock indexes opened higher on Wednesday, despite pressure on artificial intelligence-related technology stocks, amid higher oil prices and as investors awaited the US Federal Reserve’s monetary policy decision, while markets drew suppo…

Deposit Rates Update: Qatar National Bank Releases Latest Figures

Doha: Deposit rates at opening as issued on Wednesday by Qatar National Bank (QNB) indicate various fluctuations across different currencies and tenors. The rates are specified for USD, JPY, CHF, GBP, QAR, SAR, AED, and BHD, covering periods of 1 mont…

Spot Value in Qatar Shows Currency Fluctuations Against US Dollar

Doha: Rates against the US Dollar as issued on Wednesday by Qatar National Bank (QNB) reveal the latest currency buying and selling values in Qatar. This update provides insights into the current financial landscape and assists individuals and busines…

Dollar Steadies Near One-Month High Ahead of Fed Decision

Doha: The US dollar paused its climb on Wednesday but held near a one-month high, as traders awaited a Federal Reserve interest rate decision later in the day. Moves in currencies were largely subdued as investors stayed on the sidelines ahead of the …

Gold Falls Ahead of Fed Decision on Interest Rates

Doha: Gold prices inched lower on Wednesday as the dollar held firm and market participants awaited the Federal Reserve’s policy decision for clues on inflation and the path of US interest rates. Spot gold fell 0.1% to $4,021.87 per ounce. US gold fut…

Oil Prices Rebound More Than $2 Following US Inventory Decline

Doha: Oil Prices Rebound More Than $2: Oil prices rose by more than $2 a barrel in early trading on Wednesday, supported by a decline in US crude inventories, recouping some of the previous session’s losses.

According to Qatar News Agency, Brent cru…

QSE Index Edges Up as Four Sectors Show Gains

Doha: The Qatar Stock Exchange (QSE) general index saw an increase of 13.60 points, or 0.14%, reaching 10,036 points at the start of Wednesday’s trading session. The uptick was supported by gains in four key sectors.

According to Qatar News Agency, …

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