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Category: Business

Barwa Real Estate’s Net Profit Rises by 0.81% in H1 2024

Barwa Real Estate, a Qatari public shareholding company, reported a net profit increase of 0.81 percent, reaching QR 557.455 million in the first half of 2024, compared to QR 552.930 million in the same period last year.

According to figures released…

Gold Prices Decline Due to Rise of Dollar

Gold prices declined Monday, due to the rise of the dollar, as investors await the results of the Federal Reserve (US central bank) meeting on monetary policy and the future of interest rate cuts on Wednesday.

Gold fell in spot transactions by 0.4 pe…

European Stocks Close Higher on Corporate, Bank Gains

European stocks closed higher on Tuesday, supported by gains in corporate and bank shares, with investors focusing particularly on the Federal Reserve’s interest rate decision and monetary policy outlook.

The pan-European Stoxx 600 index closed 0.5 p…

Oman Oil Prices Reach $79.56 a Barrel

The official price of Omani oil, for delivery in September, reached on Tuesday $79.56 per barrel, a decrease of $1 compared with Monday’s price, which amounted to $80.56.

It is noteworthy that the monthly average price of Omani crude oil for delivery…

Gold Stagnant Ahead of Fed Decision

Gold struggled for momentum on Tuesday as investors looked for more cues on when the US Federal Reserve will cut interest rates from this week’s policy meeting and data releases.

Spot gold was down 0.1% at $2,380.31 per ounce, and US gold futures wer…

Mixed Closing for Major Wall Street Indices

The main indices on Wall Street closed on a mixed note at the end of Monday’s trading session.

The S and P 500 index rose by 4.5 points, or 0.08 percent, to reach 5,463.6 points.

The Nasdaq Composite index gained 12.32 points, or 0.07 percent, to se…

QSE Index Closes Down 0.19 Percent

Qatar Stock Exchange (QSE) general index closed on Tuesday by 19.51 points (0.19 percent) down from its previous closing, to reach 10,150.46 points.

During the session, a total of 106,321,244 shares were traded, valued at QR 282,165,259.596, through …

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