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Day: August 12, 2026

Libya Oil Revenues Come Ahead of Expectations

Tripoli: The Libyan Ministry of Economy and Trade announced that economic and financial performance indicators for the first half of this year showed an improvement in exports and oil revenues.

According to Qatar News Agency, the ministry stated that…

Brent Futures Rise at Settlement

Doha: Oil prices rose slightly today, with Brent crude futures gaining USD 0.07 to settle at USD 88.98 a barrel. US West Texas Intermediate crude also rose USD 0.07 to USD 83.27.

According to Qatar News Agency, both benchmark crude oils rose by mor…

Oman Crude Oil Price Falls by USD 2.19

Muscat: The official price of Oman crude oil for October delivery stood at USD 86.93 per barrel on Wednesday, marking a decrease of USD 2.19 from Tuesday’s price of USD 89.12.

According to Qatar News Agency, the average monthly price of Oman crude f…

Estithmar Holding Reports 14.43% Profit Growth in H1 2026

Doha: Estithmar Holding recorded a 14.43 percent increase in net profit in the first half of 2026, reaching QAR 557.723 million, compared with QAR 487.376 million in the same period of 2025.

According to Qatar News Agency, the company’s earnings per…

European Stocks Open Mixed as Markets Eye US Inflation Data

European stock indices opened mixed on wednesday:uropean stock indices opened mixed on Wednesday, amid anticipation of the release of monthly inflation data in the US, at a time when markets were supported by higher oil prices. In the main European ma…

Kuwait Petroleum Corporation Reports $6.9 Billion Profit

Kuwait: Kuwait Petroleum Corporation (KPC) recorded USD 6.9 billion (2.155 billion dinars) in net consolidated profit for fiscal year 2025-26, exceeding results from the previous three years.

According to Qatar News Agency, KPC CEO Nawaf Al Sabah de…

Italian Exports Rise 9.8% Year-on-Year in June

Rome: Italian exports rose 1.6% in June from May and 9.8% from a year earlier. Imports increased by 1.2% in month-on-month terms and 13.2% year-on-year, citing data from the National Institute of Statistics (Istat).

According to Qatar News Agency, e…

Salam International’s Net Profit Rises 11.70% in H1 2026

Salam international: Salam International’s net profit rose by 11.70% during the first six months period of 2026, reaching QAR 52.172 million, compared to QAR 46.704 million for the same period in 2025.

According to Qatar News Agency, the company’s d…

Muscat Stock Exchange 30 Index Sees Modest Gains

Muscat: The Muscat Stock Exchange 30 index closed on Thursday at 7,628.26 points, experiencing an increase of 21.2 points, or 0.28 percent, compared to the previous trading session’s close at 7,611 points. This marks a notable performance for the inde…

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