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Category: Business

Nikkei Index Sees Fourth Consecutive Day of Gains

Tokyo:Japan’s Nikkei index rose at Thursday’s close, marking its fourth consecutive session of gains. This increase was bolstered by the performance of companies involved in central processing unit components.

According to Qatar News Agency, the Nik…

Qatar Stock Exchange Index Declines 1.88% Amid Monetary Concerns

Doha:The Qatar Stock Exchange (QSE) index closed this week’s trading session with a 1.88% decline, losing 181.33 points from the previous week to settle at 9,477 points. The index was impacted by downturns in five sectors, with the industrial sector e…

MEEZA Awards QAR 500 Million Contract to Elegancia for Data Center

Doha:MEEZA QSTP LLC has awarded a construction contract worth over QAR 500 million to Elegancia Contracting and Industries for the development of a new data center. Elegancia is a subsidiary of Estithmar Holding QPSC.

According to Qatar News Agency,…

Gold Prices Steady as Investors Anticipate US Rate Hikes

Doha:Early Asian trading saw gold prices remain steady as investors evaluated the chances of the Federal Reserve raising interest rates again this year.

According to Qatar News Agency, spot gold was unchanged at $4,285.31 per ounce, while US gold fu…

Exchange Rates in Qatar -1-

Doha: Moroccan Dirham 0.37520 0.40790

According to Qatar News Agency, Malayasian Ringgit 0.84310 0.91110

Norwegian Krona 0.35500 0.41920

New Zealand Dollar 2.02870 2.14850

Omani Riyal 9.39700 9.65100

Philippine Peso 0.05350 0.06040

Pakista…

Gold Prices Drop by 2.16% in Qatar Market This Week

Doha:The price of gold in the Qatari market decreased by 2.16 percent over the current week, reaching $4,284.64 per ounce on Thursday.

According to Qatar News Agency, data from Qatar National Bank (QNB) highlighted that the price fell from $4,379.44…

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