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Category: Business

Zad Holding’s Profits Rise 3.45% in H1 of 2024

Doha: Zad Holding Co. reported first half results that saw net profit rise 3.45 percent year-over-year from QR 90,018,362 last year to QR 93,126,896 this year.

Earnings per share (EPS) amounted to QR 0.32 as of Jun. 30 of 2024, compared to QR 0.31 fo…

China’s Foreign Exchange Reserves Up 1.06 Percent in July

China’s foreign exchange reserves totaled 3.2564 trillion US dollars as of the end of July, up by 34 billion dollars, or 1.06 percent compared to the end of June, the latest data showed.

The State Administration of Foreign Exchange said in a statemen…

QSE Index Declines Marginally at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) dropped 1.10 points, or 0.01%, at the beginning of trading on Thursday, reaching 10,075 points, compared to yesterday’s closing.

QSE general index showed a positive performance in Insurance by 1.4…

Oil Prices Rise Amid Sharp Fall in US Crude Inventories

Oil prices edged higher on Thursday for the third straight session after government data showed a steep draw in US crude stockpiles, rebounding from multi-month lows this week.

Brent crude futures rose 23 cents, or 0.3%, at $78.56 a barrel, while US …

Kuwait Oil Price Up to USD 76.75 pb

The price of Kuwaiti oil went up 47 cents to USD 76.75 pb on Wednesday, compared to USD 76.28 pb the day before, said Kuwait Petroleum Corporation (KPC) Thursday, according to Kuwait’s news agency (KUNA).

On a global scale, the price of the Brent cru…

Real Estate Trading Volume Exceeds QR 131 Million in Week

Doha: The volume of real estate trading in sales contracts at the Department of Real Estate Registration at the Ministry of Justice during the period from July 28 to Aug. 1, reached QR 111,956,851, while the total sales contracts for residential units…

Oil Prices Rise Slightly in Asian Trading Despite Weak Demand

Oil prices recovered in Asian trading on Wednesday on heightened Middle East tensions, but gains were capped by weak demand.

Brent crude futures rose 17 cents, or 0.16 percent, to USD 76.60 a barrel.

US West Texas Intermediate (WTI) crude rose 17 ce…

US Crude Oil Inventories Fell Last Week

The US Energy Information Administration announced Thursday that crude oil, gasoline and distillate inventories in the United States fell last week, while gasoline inventories rose.

The administration, which is the statistical arm of the US Departmen…

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