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Category: Business

Qatar’s Budget Records QR 2.6B Surplus in Q2 of 2024

Doha July 31 (QNA) – The Ministry of Finance announced Wednesday that the State of Qatar’s budget for the second quarter of 2024 recorded a surplus of QR 2.6.

The surplus was directed to reducing public debt, and therefore there is no cash surplus, t…

China’s Non-manufacturing PMI Falls in July 2024

China’s purchasing managers’ index (PMI) for the non-manufacturing sector came in at 50.2 this July, reflecting a contradiction from 50.5 in June, data from the National Bureau of Statistics showed on Monday.

Chinese news agency (Xinhua) quoting the …

US Federal Reserve Keeps Interest Rates Unchanged

Doha: The US Federal Reserve left its benchmark interest rate unchanged today, maintaining the federal funds target range at 3.50% to 3.75%.

According to Qatar News Agency, the decision to keep rates unchanged was opposed by three of the 12 members …

QatarEnergy Announces Fuel Prices for August

Doha, July 31 (QNA) – QatarEnergy announced Wednesday the fuel prices for August 2024, keeping the prices of diesel, Gasoline 95 and Gasoline 91 unchanged.

QatarEnergy has set the price of a liter of diesel at QR 2.05, the price for Super Gasoline 95…

Oil Prices Fell by More Than 1 Percent at Tuesday’s Trading

Oil prices fell by more than 1 percent at the close of todays trading, ending at the lowest level in seven weeks.

Futures contracts for Brent crude for October delivery decreased by $1.15, or 1.4 percent, settling at $78.63 per barrel.

Futures contr…

Qatar’s Government Tenders Reach QAR 5.5 Billion in Q2 2024

Doha, July 31 (QNA) – The Ministry of Finance revealed on Wednesday that the total value of tenders and auctions in government agencies in the State of Qatar reached QAR 5.5 billion during the second quarter of 2024.

In a post on its X account, the m…

QSE Index Closes 3.59 Points Higher

Doha, July 31 (QNA) – The Qatar Stock Exchange (QSE) Index closed Wednesday’s trading session up by 3.59 points, or 0.04 percent, to reach 10,154.05 points.

During the session, 114,661,583 shares were traded, with a total value of QR 403,303,248.552,…

First Negotiations Round of GCC-Turkiye Free Trade Agreement Held

Turkiye’s Ministry of Trade held on Wednesday the first round of negotiations on the free trade agreement between Turkiye and the Gulf Cooperation Council (GCC) countries.

The ministry stated that the negotiations are taking place within the framewor…

QSE Index Drops 20.07 Points at Start of Trading

Doha, July 31 (QNA) – The general index of Qatar Stock Exchange (QSE) dropped 20.07 points, or 0.20 percent, at the beginning of trading on Wednesday, reaching 10,130 points, compared to yesterday’s closing.

QSE general index was weighed down by a de…

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