Doha: Qatar Financial Markets Authority (QFMA) hosted on Wednesday the 18th annual meeting of the Union of Arab Securities Authorities (UASA) Board.

The meeting, which was organized by QFMA in cooperation with UASA, witnessed the participation of the…

Khalid Al Homoud, a member of the Board of Directors of the Capital Market Authority of the Kingdom of Saudi Arabia and outgoing President of the UASA, presented the 2023 UASA annual report during the opening session of the Union’s meeting. In his pre…

Doha: HE Governor of Qatar Central Bank Sheikh Bandar bin Mohammed bin Saoud Al-Thani met on Wednesday with Alibaba Group Co-Founder and Chairman Joseph Tsai.

During the meeting, they reviewed the latest global investment and financial developments.
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Doha: Qatar Central Bank has issued “Digital Insurer” regulations defining the regulatory framework for Digital Insurer activities in the country.

The regulations are in line with the Third Financial Sector Strategy, the Fintech Strategy, and Qatar C…

Doha: Old Doha Port has announced a strategic partnership with a number of marinas in Qatar, with the aim of enhancing cooperation to provide comprehensive solutions and exclusive services to boat and yacht owners.

The most prominent marinas included…

The UAE and Oman signed Tuesday several multi-field agreements, memorandums of understanding and investment partnerships worth AED 129 billion ($35.12 billion).

The signing was done during the UAE-Oman Business Forum, on the sidelines of Sultan Haith…

Kuwait crude oil went up by $1.95 during Tuesday’s trading to reach $89.12 per barrel compared with $87.17 pb the day before, Kuwait Petroleum Corporation (KPC) said Wednesday.

Benchmark Brent futures increased by $1.42 to $88.42 pb, and West Texas I…

Doha: The general index of Qatar Stock Exchange (QSE) rose 17.65 points, or 0.18%, at the beginning of trading on Wednesday, reaching the level of 9,728.97 points, compared to yesterday’s closing.

The general index was supported by a rise in five sec…

European stocks scaled to their highest levels in more than a week on Tuesday, driven by the technology sector.

The pan-European STOXX 600 index (.STOXX), opens new tab was up 0.6%, boosted by a nearly 2% jump in technology stocks.

The tech sector a…

Doha: The Qatar Chamber (QC) discussed with a delegation of Jordanian manufacturers ways to promote bilateral cooperation relations, available industrial opportunities, and the partnership between the private sectors of both countries.

This came in a…

Doha: United Development Company’s (UDC) announced its financial results for the first quarter of 2024, reporting net profit of QR 76 million in comparison to net profit QR 88 million for the same period of the previous year, a decrease of 13.6%.

UDC…

Doha: Qatar Stock Exchange (QSE) general index closed at 9,665.88 points on Wednesday, 45.14 points (0.46 percent) down from its previous closing.

A trading volume of 172,240,696 shares was registered in 17,214 transactions in all sectors, with a tot…

HE Minister of Finance Ali bin Ahmed Al Kuwari met here today with Chairperson, CEO and Co-Founder of Blackstone Group, a leading asset management firm, Stephan Schwarzman.

During the meeting, they discussed key financial and investment developments,…

Oman oil price (June delivery 2024) on Tuesday reached $88.68, comprising a rise by $1.84 compared to Monday’s price which stood at $86.84.

The average price of Oman oil (April delivery 2024) stabilized at $80.85 per barrel, thus $2.10 per barrel hig…

Doha: The net profits of Salam International Q.P.S.C. in the first quarter of 2024 amounted to QR 11,331,712 million, an increase of 36 percent compared to a net profit of QR 8,377,065 for the same period of the previous year.

According to data issue…

Doha: Gulf Warehousing Company’s net profit for the three-month period ending March 31, 2024 decreased by 17 percent to QR 50.9 million in comparison to net profit QR 61.5 million for the same period of the previous year.

The company’s financial stat…

Doha: The net profit of Vodafone Qatar P.Q.S.C. increased by 12.5 percent in the first quarter of 2024, reaching QR 150,107,000 in comparison to QR 133,391,000 for the same period of the previous year.

According to data issued by the company and publ…

Kuwait, Kuwait crude oil dropped $1.21 during Monday’s trading sessions to reach $87.17 per barrel compared with $88.38 pb last Friday, Kuwait Petroleum Corporation (KPC) said Tuesday.

Benchmark Brent futures lost 29 cents to $87 pb and West Texas In…

Doha: The State of Qatar chaired the 58th preparatory meeting of the undersecretaries of the ministries of commerce and the 44th meeting of the undersecretaries of the ministries of industry in the Gulf Cooperation Council (GCC) countries, which were …

Doha: HE Chairman of Real Estate Regulatory Authority Eng. Khalid bin Ahmed Al Obaidli met Tuesday with HE Ambassador of the United Arab Emirates to the State of Qatar Sheikh Zayed bin Khalifa bin Sultan bin Shakhboot Al Nahyan.

During the meeting, t…

Kathmandu: HE the President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal praised Qatar’s experience in developing its various economic sectors and building a strong and resilient economy to become one o…

Doha: Commercial Bank’s Net Profit jumped by 38.8 percent in the first quarter of 2024 to reach QR 801.6 million compared to a Net Profit of QR 577.2 million for the same period of the previous year.

The financial statement issued today by Commercial…

Doha: Qatar Electricity and Water Company (QEWC) recorded a net profits of QR 318 million in the first quarter of 2024, compared to QR 401 million for the same period in 2023, a 21 percent decrease.

The company stated that the earnings per share for …

New York: HE Minister of Finance Ali bin Ahmed Al Kuwari met in New York with Chairman and Chief Executive Officer of Global Infrastructure Partners (GIP) Adebayo Ogunlesi.

HE the Minister of Finance also met with Executive Chairman of Morgan Stanley…

New York: HE Minister of Finance Ali bin Ahmed Al Kuwari held a bilateral meeting with President and Chief Executive Officer of Bank of New York Mellon Robin Vince, on the sidelines of his visit to the United States of America.

At the meeting, a dive…