Doha: Hamad Port operator, QTerminals, announced that it has reached a significant milestone by exceeding 10 million Twenty-foot Equivalent Units (TEUs) at its flagship facility, Hamad Port, since the start of operations.
It added that this landmark …
Doha: Qatar Industrial Manufacturing Company (QIMC) net profits fell by 25.75 percent in the first half of 2024 to QR 79.592 million compared to QR 107.205 million in the same period of 2023.
Data issued by the company and published on the Qatar Stoc…
Doha: The Qatar Stock Exchange (QSE) closed its trading session on Sunday, down by 73.62 points, or 0.73 percent, to reach 10,057.13 points.
During the session, a total of 148,071,720 shares were traded, with a value of QR 374,106,328.655, resulting …
Doha: Qatar Electricity and Water Company reported a 12 percent decline in net profits, reaching QR 680 million during the first half of 2024 compared to QR 769 million for the same period in 2023.
A statement for the company indicated that earnings …
Doha: The general index of Qatar Stock Exchange (QSE) dropped 102.82 points, or 1.01 percent, at the beginning of trading on Sunday, reaching 10,027 points, compared to Thursday’s closing.
QSE general index was weighed down by a decline in all sector…
Doha, August 03 (QNA) – Qatar National Bank (QNB) expected that the US Federal Reserve would cut rates by 25 bps twice in 2024, before accelerating the pace of rate cuts in H1-2025.
In its weekly commentary, QNB alluded this to the continuation of th…
The price of Kuwaiti oil went down USD 1.36 to USD 80.47 pb on Friday’s trading, compared to USD 81.83 pb on Thursday, according to Kuwait Petroleum Corporation (KPC).
In the global markets, oil prices declined Friday to stabilize at their lowest lev…
Oil prices rose 3 percent amid investor fears of a widening conflict in the Middle East and after a sharp drop in US crude inventories.
Brent crude futures climbed $2.09 a barrel, or 2.66%, to $80.72, for delivery in September. The more active Octobe…
Algeria and Italy on Wednesday signed a memorandum of understanding (MoU) in the field of electricity exports to Europe.
The Algerian energy group Sonatrach said that the MoU was signed in partnership between Sonatrach, the Algerian electricity and g…
Doha: The Ministry of Commerce and Industry (MOCI), announced that it has shuttered 42 commercial facilities at Al Sailiya Central Market, for not providing electronic payment services at sales outlets and violating the article No.18 of Law No. 5 of 2…